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Five times in a row since 2018, RIL has been the largest generator of wealth, per a Motilal Oswal analysis.
Telecom giant owned by Mukesh Ambani’s Reliance Jio Infocomm Ltd, a telecom segment of the Reliance Industries Ltd announced on Monday that it’ll introduce a new model of phone which will be internet-enabled available at a reasonable price of 999 rupees ($12.19).
RCPL post the launch mentioned that it has strengthened the flexible FMCG portfolio which encompasses brands like Sosyo Hajoori, confectionary units from Lotus Chocolates, Sri Lanka’s leading biscuit company Maliban, lifestyle brands like Independence and Good Life, and others.
Reliance Consumer Products Ltd (RCPL) has signed an agreement with the promoters of Lotus Chocolate, which deals in chocolates, cocoa products and cocoa products.