Shiny headlines mask Jio’s dull performance
Reliance’s telecom business has demonstrated impressive growth in Q1. Yet, fundamental slippages are holding back profitability, even as Airtel continues to keep its lead. Expect more headwinds, not a bumper IPO.
Subscribe to read this story
We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.
$99 for one year
Not ready to subscribe? Sign up for a free account
We value our free readers. Read 100+ stories every year.
More in Business
You may also like
An uneventful Reliance AGM that could not have been otherwise
Everyone seems to be disappointed with the company’s annual general meeting. With hands full and businesses that need further nurturing, this was not the time for big-bang announcements. And so it was.
Mukesh Ambani faces big test in race to protect his cash engine
With Russian crude turning into a liability, RIL needs to rebalance its oil basket. Can its chairman pull this off without seriously impacting the lucrative oil-to-chemicals business and limiting future investment firepower?
Is retail a sputtering growth engine for Reliance?
The key moneyspinner of Mukesh Ambani’s conglomerate is undercutting rivals by offering aggressive discounts, leveraging distribution and reviving once-forgotten Indian brands to draw millions of consumers across India. Yet, there are signs of a slowdown.