- Reuters•12 days ago
India's Reliance Industries Ltd (RELI.NS) said it will launch fourth-generation wireless services commercially in the coming months as the energy-to-telecoms conglomerate reported a forecast-beating 18 percent rise in first-quarter profit. Reliance, controlled by India's richest man Mukesh Ambani, has invested about $20 billion on building what will be India's biggest 4G network. Investors as well as rivals in the telecoms industry are keenly waiting for the services to be launched as Reliance seeks to reshape the Indian telecom market with low-priced offerings.
Reliance Industries LimitedNSE
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