RIL's Massive Rights Issue Creates History

The overwhelming response to RIL’s Rights Issue of ₹ 53,124.20 Crore; Subscribed 1.59 times - India’s largest-ever Rights Issue. With this RIL sets forth to build a New Reliance for a New India.

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Reliance Jio Infocomm Limited, doing business as Jio, is a LTE mobile network operator in India. Mukesh Ambani, owner of Reliance Industries Limited (RIL) whose Reliance Jio is the telecom subsidiary, had unveiled details of Jio's fourth-generation (4G) services on 12 June 2015 at RIL's 41st annual general meeting. Jio is the largest 4G network in India offering High-Speed Internet & Unlimited Free Voice Calls.
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