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Jio Mart Share Market Today Live Graph

Dependence Ventures Ltd. has begun testing its online shopping for food entry across India, still under an across the nation lockdown to control the spread of the coronavirus. 
Jio Mart Share Market Today Live Graph

JioMart is currently conveying over 200 urban communities, Damodar Shopping center, the CEO of Dependence Retail's basic food item business said in a tweet. JioMart a month ago began a pilot venture serving clients in three neighborhoods encompassing Mumbai. 

The delicate dispatch of JioMart takes Dependence Executive Mukesh Ambani, likewise Asia's most extravagant man, one bit nearer to taking on Amazon.com Inc. what's more, Walmart Inc's. Flipkart in a web-based business showcase that KPMG says is probably going to develop to $200 billion by 2027. 

RELIANCE INDUSTRIES LTD - RETURNS

PERIOD                BSE                             NSE                      SENSEX                              NIFTY
1 WEEK                7.08%                    7.00%                         5.04%                              4.83%
1 MONTH        15.40%                    15.28%                         6.96%                              6.48%
3 MONTH        52.63%                    52.62%                         21.98%                              22.83%
6 MONTH          20.74%                    20.74%                  -10.26%                             -10.40%
1 YEAR                  45.84%                    45.70%                        -7.18%                               -8.56%
3 YEAR                 147.02%                    146.89%                  16.94%                                11.73%


A Dependence representative declined to remark on the JioMart dispatch. 

The JioMart shopping application is accessible using Facebook Inc's. WhatsApp, which in India has around 400 million clients. Facebook has said it expects the organization with JioMart will help make WhatsApp the essential way independent ventures interface with clients. 

New York-based KKR and Co. turned into the most recent private value firm to put resources into Jio Stages Ltd., the advanced administrations holding organization constrained by Dependence. KKR will pay 113.7 billion rupees ($1.5 billion) for a 2.3% stake in Jio Stages. 




RELIANCE INDUSTRIES LTD - SHAREHOLDING PATTERN

2.6%2.28%8.44%5.25%6.07%24.17%0.01%49.15%
CATEGORYSHARE (%)
 PROMOTERS49.15
 BANKS/FIS0.01
 FIIS24.17
 INSURANCE6.07
 MUTUAL FUNDS5.25
 INDIAN PUBLIC8.44
 CUSTODIANS2.28
 OTHER2.60
> More on Reliance Industries Ltd Share Holding Pattern


Ambani has been selling stakes in Jio Stages as he attempts to bring Dependence's net obligation of more than $20 billion down to zero preceding Walk 2021. Dependence needs to move away from oil and petrochemicals toward more quickly developing customer organizations. 

Financial specialists are wagering on Jio's entrance to India's gigantic customer market, and its capability to stir up conventional ventures in the nation - from retail to training and installments - with its innovation. India is the main significant open Web showcase where remote innovation monsters, for example, Amazon.com Inc., Walmart Inc. furthermore, Google's parent Letter set Inc. can vie for a piece of the pie. 

Begun in 2016, Dependence Jio is presently India's biggest remote bearer. The administrator raged past opponents by building an across the nation 4G arrange, at that point offering free calling and information administrations at costs set up contenders with more established systems couldn't coordinate without losing cash. Ambani was gauging an Initial public offering of Dependence Jio three years prior after a $31 billion venture binge, Bloomberg News revealed in 2017.

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