Indian benchmark indices post post gain on Tuesday, Reliance Jio to charge customers from April
Axis Bank merger talks and Reliance Industries throwing light on Reliance Jio tariff plans partly held up the market.
Reliance Industries Chairman and Managing Director Mukesh Ambani on Tuesday said that Jio, the company's telecom arm, has garnered over 100 million customers within 170 days of its launch.
From April, Reliance Jio will charge its customers. All domestic voice calls to any network will be free across India, to any network. There will be no roaming charges, no hidden charges and no blackout days, the company said.
Ambani also announced the launch of Jio Prime services that offer subscribers unlimited benefits for 12 more months, till March 31, 2018.
Some of the key stocks that gained on Tuesday were Axis Bank, Asian Paints, Reliance, AAdani Ports, and ICICI Bank while Bharti Airtel, TCS, ITC, Sun Pharma and Maruti declined
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