Reliance Industries Q1FY20: Retail and Jio drive the show, traditional businesses feel the heat

Reliance Industries (RIL) reported mixed set of numbers in Q1FY20 where traditional businesses were weaker, but largely in line with global trend. Gross refining margin (GRM) at $8.1 per barrel was a miss on street expectations. Jio continues to meet expectations in terms of its quarterly performance. Despite slower pace of customer addition, strong competition … Read more

Jio Phone Review

The Jio Phone has been one of the most anticipated product launches in India this year. First announced at Reliance’s Annual General Meeting earlier this year, it is a 4G and VoLTE enabled feature phone, but the main reason for the frenzy around it is that it is effectively free – the hardware, at least. Buyers will need to pay … Read more