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Reliance crosses ₹4 lakh crore in market cap due to Jio
short by Mansha Mahajan / on Monday, 27 February, 2017
Mukesh Ambani-led Reliance Industries on Monday crossed ₹4 lakh crore in market capitalisation. The company's stock surged by over 6% in intraday trade to touch a near 9-year high. The gain in Reliance shares comes after telecom operator Reliance Jio announced that it will end free data services and start charging its customers from April 1.
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