Reliance Jio could earn â¹21,300 crore this fiscal: Moody's
Reliance Jio will be able to generate revenue of about â¹21,300 crore for the current financial year, assuming its 7.2 crore Prime users pay for services between July 2017 and March 2018, ratings agency Moody's said. Further, Jio's paid customers are "credit positive" for Reliance Industries, it noted. Jio's aggressive stance will ensure heightened competition in the sector, it added.