Mukesh Ambani on JIO : It is no punt. It is a well thought-out, well executed, well engineered ecosystem

The new Jio venture from the Reliance Group Chairman, Mr. Mukesh Ambani was termed as a well engineered business and a well thought out process rather than a gamble or punt. He mentioned that the discomfort the people are getting in the interconnections of call with other networks as a ragging done to a meritorious student (Jio itself) by other fellow mates. "It is no punt. It is a well thought-out, well executed, well engineered ecosystem. It is a Rs 2,50,000 crore investment," Ambani said at 'Off the Cuff' show organised by The Print, a digital media outfit owned by senior journalists Shekhar Gupta and Barkha Dutt. He said that it was a step for the betterment as low call rates and efficient data is what the youth should get to develop. The Ruias plan their exit from ESSAR Oils Pvt. Lmt. "Tobacco should be hiked with highest possible taxes" NGO to GST committee

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