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
Airtel’s performance lets it swat away AGR setback
The apex court’s quashing of its over $4 bn relief request did little to dim the telco’s stellar all-round show in FY25 or the market’s love for the stock.
From nations to corporations, cricket’s climate change moment is here
Heavy investment in franchises was the first step; the next is franchise owners demanding more playing windows at the expense of bilateral cricket
Ambani’s RIL and Aramco to duke it out for a $20 billion prize?
India's second largest private fuel company, Nayara Energy, could be a lucrative acquisition target for the two oil giants as its sanctions-hit Russian owners eye an exit.