Reliance Industries share up ahead of Mukesh Ambani's big announcement
Ambani is also expected to talk about Jio Payments Bank, which is likely to be launched by next month.
Reliance Industries Chairman Mukesh Ambani is set to make some big announcements today. Ambani will be addressing LIVE to its shareholders at 1330 hours.
Ahead of the announcements, the shares of the company were trading in green. At 1236 hours the shares of the company were trading at Rs 1079.75 per piece, up 0.56% or Rs 6.05 on BSE.
Today, all the eyes will be on extension of Reliance Jio's offers. In December, Ambani had extended its Welcome Offer to Happy New Year offer till March 31, 2017.
Since its launch in September last year, Jio has touched 100 million customers, becoming the fastest telecom company to get this number of users on board.
Moreover, he is also expected to talk about Jio Payments Bank, which is likely to be launched by next month.
You can watch the LIVE coverage on Flame of Truth and Jio Digital Life YouTube channels. Also, on the Twitter handle @FlameOfTruth and @RelianceJio.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Small SIP, Big Impact: Rs 1,111 monthly SIP for 40 years, Rs 11,111 for 20 years or Rs 22,222 for 10 years, which do you think works best?
Power of Compounding: How long it will take to build Rs 5 crore corpus with Rs 5,000, Rs 10,000 and Rs 15,000 monthly investments?
SBI 444-day FD vs PNB 400-day FD: Here's what general and senior citizens will get in maturity on Rs 3.5 lakh and 7 lakh investments in special FDs?
Rs 3,500 Monthly SIP for 35 years vs Rs 35,000 Monthly SIP for 16 Years: Which can give you higher corpus in long term? See calculations
12:56 PM IST