Reliance Expands: Drinks, Jio, IPO

  Published 7 months ago

Reliance enters drinks, revises Jio plans, gains analyst support, benefits from SEBI reforms, and posts profit surge.

  • RCPL acquires majority stake in Naturedge JV, launching herbal‑natural beverage range across India markets today
  • Jio drops 1 GB/day ₹209/₹249 plans, forcing users onto the ₹299, 1.5 GB daily option for better value
  • Jefferies and Citi remain bullish; SEBI eases IPO rules; Q1 profit rises 78% to ₹26,994 cr

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