Tag Archives: reliance jio

SC permits RCOM to sell Rs.25000 Crore assets to JIO

The Supreme Court has offered a huge relief to Anil Ambani’s Reliance Communications on Friday, after which the company can sell its assets worth Rs.25000 crore to Mukesh Ambani’s Reliance Jio Infocomm. The move will bring down the RCOM’s overall debt of Rs.45000 crore by Rs.25000 crore by selling its assets like telecom towers, spectrum, […]

About Reliance Jio Company: All You Need to Know

Reliance Jio Infocomm Limited is a wholly owned subsidiary brand of Reliance Industries. Mukesh Ambani’s Reliance Industries stepped into the telecom network segment with the launch of JIO network on Lt. Dhirubhai Ambani’s 83rd birth anniversary. The company launched its Jio network on 27 December 2015 only for Jio partners and employees and later, the […]