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Reliance Jio 4G service Operator crossed 100 million and darling of Telecom sector just like Flipkart used to be darling of e-commerce sector. Reliance jio invested more than $24 Bn of investor money to build state of class network to create best 4G network. Reliance jio bought user by offering free data and voice to end user just like Flipkart bought user base through cashback and discount. Both the organisation invested billions of $ in order to ensure that user traffic continue to grow. Buying a users by offering discount is nothing but shows that one don't have a confidence on their product or service line.

Indian Telecom sector is witnessing stiff competition of all time post Reliance Jio entry. Reliance Jio launched its sophisticated 4G network attached service. Reliance jio also launched LYF Smartphone brand to complete the ecosystem in order to create all in one platform.

Indian Telecom sector is undergoing turbulent time post Reliance Jio 4G service launch. The tariff plan announced by Reliance Jio is intentional to grab market share in terms of user whereas they don't care of revenue. Even rating agency Fitch in its assessment mentioned that Reliance Jio will barely gain 2% of Telecom revenue which is very bad news for Reliance Jio.

Brokers said participants adopted a cautious approach and trimmed their positions ahead of wholesale inflation data for September, to be released later in the day and Q2 earnings by Reliance Industries, which has significant influence over 30-share Sensex. Reliance Industries has slashed its budget for developing the three main oil- and gas- producing areas in its showcase Andhra offshore field by $3 billion, citing an unexpected fall in reserves, sources told optiontips.in India plans to relax rules for oil and gas exploration licences in time for the next bidding round, in a move to attract global companies. More News on: http://www.kyachadega.com/2012/10/market-remain-flat-for-day-optiontipsin.html

Reliance Jio 4G service Launch in India is in news across all geographies for all good news. They claim that they have the best network, best pricing, best content and now they claimed that they acquired 16 million user within first 30 days of service launch.

Reliance Jio and Incumbent Mobile operators are at loggerhead on the issue of call failure. Reliance Jio want more number of PoI at govt rates coupled with Bill and keep mechanism which is not acceptable to Incumbent mobile operators.

Equity benchmarks gained half a percent in opening trade led by easing CPI inflation in September and better-than-expected numbers from Reliance Industries in Q2, but could not sustain those gains. http://trade4targettrade4targettrade4target.blogspot.in/2014/10/sensex-nifty-erase-early-gains-dlf.html