{"id":104831,"date":"2023-07-04T14:26:19","date_gmt":"2023-07-04T08:56:19","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=104831"},"modified":"2023-07-04T14:27:49","modified_gmt":"2023-07-04T08:57:49","slug":"mukesh-ambani-launches-4g-phone-at-999-to-accelerate-2g-mukth-bharat-mission","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/mukesh-ambani-launches-4g-phone-at-999-to-accelerate-2g-mukth-bharat-mission\/","title":{"rendered":"Mukesh Ambani launches 4G phone at \u20b9 999 to accelerate 2G Mukth Bharat mission"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1717884527\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Mukesh Ambani-owned conglomerate, through a regulatory filing with the Bombay Stock Exchange (BSE) dated 3rd July 2023, announced the launch of \u201cJio Bharat\u201d 4G phones at Rs 999.\u00a0<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2261500413\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>Reliance Industries Limited, the most valued company in India, is a conglomerate company operating in various segments, some of which include oil &amp; gas, Financial Services, retail, and many more.&nbsp;<\/p><p>The shares of <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/RELIANCE\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Reliance Industries Limited<\/a><\/strong> have slipped around 0.90 percent and currently trade at Rs 2,593. Moreover, the stocks of <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/BHARTIARTL\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Bharti Airtel Limited<\/a><\/strong>, a competitor of its telecom arm Jio, slipped more than 1.50 percent and are currently standing at Rs 865.\u00a0<\/p><p>The launch of Jio Bharat phones by Reliance Jio Infocomm Limited and Reliance Retail Ventures Limited paved the ground for the company&#8217;s &#8216;2G-Mukt Bharat&#8217; mission to be expedited. The services are an effort to eradicate the &#8220;digital divide&#8221; existing in the nation today.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-3137490769\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>The filing, further, mentioned that beta trials of 1 million phones will commence from the 7th of July 2023 and the same will be carried out across 6,500 tehsils. Moreover, the data plans offered are going to be approximately 30 percent cheaper than the other operators present in the market.&nbsp;<\/p><p><strong>Mr. Akash Ambani, Chairman of Reliance Jio, said <\/strong>&#8220;there are still 250 million mobile phone users in India who remain &#8220;stuck&#8221; in the 2G era, unable to access basic features of the internet at a time when the world stands on the verge of a 5G revolution.&#8221;&nbsp;<\/p><p>The consolidated financials of Reliance Industries have shown a consistent increase as far as the operating revenues and net profit numbers are concerned. The operating revenues increased from Rs 6,99,962 crores during FY21-22 to Rs 8,79,468 crores in FY22-23 and\u00a0net profits, during the same time horizon, went up from Rs 67,565 crores to Rs 74,131 crores.\u00a0<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Amit Madnani<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer.png\" alt=\"\" class=\"wp-image-26306\" width=\"256\" height=\"256\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-2615726140\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Mukesh Ambani-owned conglomerate, through a regulatory filing with the Bombay Stock Exchange (BSE) dated 3rd July 2023, announced the launch of \u201cJio Bharat\u201d 4G phones at Rs 999.\u00a0 Reliance Industries Limited, the most valued company in India, is a conglomerate company operating in various segments, some of which include oil &amp; gas, Financial Services, retail, [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":14198,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[9757,91,5518,755,872,948,936],"class_list":["post-104831","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-mukesh-ambani-launches-phone-at-rs-999","tag-mukesh-ambani-new-plan","tag-mukesh-ambani-stock","tag-reliance-industries-news","tag-reliance-share-price","tag-stock-market","tag-stock-market-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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