Airtel loses â¹10,000 cr after Jio unveils new postpaid plan
Sunil Mittal-led Bharti Airtel lost nearly â¹10,000 crore in market capitalisation on Friday, a day after Mukesh Ambani-led Reliance Jio unveiled a new postpaid offer. Airtel shares plunged about 6.4%, taking its total market capitalisation to â¹1.54 lakh crore. Idea Cellular shares also plunged 11.83% and Reliance Communications shares tanked 1.79%.