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Looking to buy an annual plan from Jio? Now could be the ideal time considering the numerous free coupons you can get as part of the brand's Republic Day offer.
Deven Choksey expects strong quarterly results from Reliance due to lower crude oil prices benefiting their refining and petrochemical businesses, as well as growth in Jio Platforms and Reliance Retail. He believes Bandhan Bank is vulnerable to challenges in the eastern belt of India and may face pressure due to competition from larger banks. He also discusses the importance of spiritual tourism in reviving the economy of places like Ayodhya and suggests that companies catering to this sector may have better opportunities.
India Business News: Shares of Jio Financial Services (JFSL), the financial arm that demerged from Reliance Industries (RIL), declined 6.25% on Tuesday due to a 56% decrea
These include a flat Rs 500 discount on minimum purchases of Rs 2499 from AJio, upto Rs 1500 off on flight tickets booked via Ixigo, a 10% discount on a minimum Rs 5,000 purchase from Reliance Digital outlets, 30% off on select products purchases of Rs 999 from Tira and upto Rs 250 off on food orders from Swiggy.
These partner coupons will become available in the user’s MyJio account after recharging with the Rs 2,999 Jio prepaid plan, after which the coupons can be redeemed on the respective partner applications or websites. Detailed redemption information, however, can be found in the MyJio app.
Industry experts also expect the two telecom operators to raise mobile tariffs by at least 20% in the September quarter of 2024 to improve their RoCE (return on capital employed) amid intensive investments on 5G and higher customer acquisition costs.
Reliance Jio has revamped its international roaming (IR) offerings, offering new packs for the US and UAE, and lowering in-flight connectivity rates by up to 60%. The company has launched an aggressively priced annual IR plan at Rs 2799, applicable in 51 key countries. The US IR packs offer 7-25 GB of data, 100 text messages, and up to 250 minutes of voice calls.
Analysts belive strong broadband user growth and a surge in data consumption driven by the recent Cricket World Cup will help Reliance Jio and Bharti Airtel report sequential revenue growth in their mobile business in India in the fiscal third quarter. Vodafone Idea's mobile revenue, though, is likely to remain stagnant sequentially in the December quarter, stung by heavy customer losses.