Jio has already announced unlimited data pack (without restriction to per day use) for pre-paid user along with unlimited calling facility. (The Next Move)
Hi. Another good read. It would help (if it is not too much of an ask) if you can share your thoughts on the below given queries.
Will Reliance Jio be FCF +ve or -ve if it hadn't transferred its debt to Reliance Industry? Also, is this move in compliance with Indian accounting principles?
Hi Soubhik. Thanks a lot for the appreciation. So far we know that it is FCF+ from Jefferies' report. But exactly by how much, for this particular analysis, we will have to wait for Jio's financial statements for the year. And for your second question, Jio passed the accounting entry only after taking approval from the courts. So, it is in compliance with the law and the principles.
Hi. Another good read. It would help (if it is not too much of an ask) if you can share your thoughts on the below given queries.
Will Reliance Jio be FCF +ve or -ve if it hadn't transferred its debt to Reliance Industry? Also, is this move in compliance with Indian accounting principles?
Jio has already announced unlimited data pack (without restriction to per day use) for pre-paid user along with unlimited calling facility. (The Next Move)
Hi. Another good read. It would help (if it is not too much of an ask) if you can share your thoughts on the below given queries.
Will Reliance Jio be FCF +ve or -ve if it hadn't transferred its debt to Reliance Industry? Also, is this move in compliance with Indian accounting principles?
Hi Soubhik. Thanks a lot for the appreciation. So far we know that it is FCF+ from Jefferies' report. But exactly by how much, for this particular analysis, we will have to wait for Jio's financial statements for the year. And for your second question, Jio passed the accounting entry only after taking approval from the courts. So, it is in compliance with the law and the principles.
Hi, Yavantika. Thank you for clarifying.
Hi. Another good read. It would help (if it is not too much of an ask) if you can share your thoughts on the below given queries.
Will Reliance Jio be FCF +ve or -ve if it hadn't transferred its debt to Reliance Industry? Also, is this move in compliance with Indian accounting principles?