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In a statement, Reliance said that Anshul has joined Reliance Infrastructure after completing his undergraduation in management from NYU Stern School of Business.
The Kumbh Mela has always been the Indian marketing professional’s Super Bowl.
Reliance is truly a formidable competitor as it has capital, technology, networks, physical retail presence, a long term vision and the passion to win, he said.
The Reliance chairman said that the telecom arm will launch a new commerce platform to connect small retailers and shopkeepers with customers.
The BSE Sensex settled 12.53 points, or 0.03 per cent, higher at 36,386.61. The broader NSE Nifty inched up 1.75 points, or 0.02 per cent, to 10,906.95.
Millions of subscribers to its Jio mobile service along with retail stores helped increase the profitability of the venture as its traditional oil refining business witnessed margin pressures.
Yes Bank emerges top gainer as Infosys, Vedanta, Reliance Industries and TCS steal the show.
The government, on its part, said that the approval was getting delayed because Jio refused to be held liable for RCom’s past unpaid dues.
It also sought directions to the Ministry of Home Affairs to prevent Ambani, Reliance Telecom Ltd chairman Satish Seth and chairperson of Reliance Infratel Ltd Chhaya Virani from leaving the country.
The Department of Telecommunications has refused to clear the deal over non-payment of dues by RCom, despite the latter producing a corporate guarantee of Rs 1,400 crore to the telecom department.
Reliance Jio in December announced that it would hive off its fibre and tower businesses and form two separate companies.
It is one of the worst years for India’s farmers. Tamil Nadu farmers took protest to Delhi until they were removed by a Supreme Court order.
Though the company’s proposal had come up at the last council meeting, both the ruling and Opposition councillors protested against the move to approve it without much discussion.
Shares of ICICI Bank Ltd were down 2.2 percent, while those of billionaire Mukesh Ambani-owned index heavyweight Reliance Industries Ltd were trading 1.7 percent lower.
The Mukesh Ambani-led firm was fastest 4G operator with its average peak download speed in October at 22.3 Mbps.