RELIANCE INDUSTRIES LIMITED SURGED AS THE COMPANY IS GOING TO COVER THE VACCINATION COST OF ITS EMPLOYEES AND THEIR FAMILIES

Reliance Industries Limited is going to cover COVID-19 vaccination costs of its employees and their families. Nita Ambani, the chairperson and founder of Reliance Foundation, has assured that the conglomerate will bear the entire expense of every staff’s Covid-19 vaccination along with that of immediate family members.

RIL is one of the first companies in India to take this step, which will act as a cue for other corporate to follow suit. It will not only benefit millions, but also help reduce the burden of vaccination cost on the government.

RIL has purchased radio waves in the spectrum auction. Mukesh Ambani's Reliance Jio emerged as the top buyer in the spectrum auction offering about ₹ 57,123 crore, acquiring the right to use spectrum in all 22 circles or zones across the country.

The stock was trading at Rs.2,193.50,up by 17.65 points or 0.81% which was opened at Rs.2,156.00.It touched intraday high of Rs.2,211.95 and low of Rs.2,153.05.