Reuters Market Eye - Reliance Industries
Heads towards its biggest daily gain since July 22.
Company's telecom unit Reliance Jio may start 4G services in next 3-6 months - Traders.
Reliance Industries expects to start offering 4G telecom services next year.
Reliance Jio's launch will happen in first half of 2015 because of rollout obligations of five years - Analysts.
Company made a return to telecoms in 2010 by acquiring the only company that had won nationwide 4G airwaves.
Telecom business would become operating profit accretive in 3-4 years, analysts add.
Bharti Airtel
($1 = 63.5150 rupees)
(Reuters Mesaaging: abhishek.vishnoi.thomsonreuters.com@reuters.net)
