Reliance at heart is basically a reseller. This is where their business acumen matters so much. A good reseller has to be very good at running everyday affairs. Operations, expenses and ensuring profits on unit sold have to be optimized.
Making profits as a reseller demands being good at raising funds, negotiating deals/purchases/contracts, packaging and pricing products correctly, marketing, daily operations etc etc.
So far they took big loans to offer their 4G plans for dirt cheap prices. Now they are selling their company in pieces to pay loans and be free of debt.
How will they price things going forward? Well time will tell. But it's one of those companies and business, where they have to turn in profits. They can't exactly show ads and make money like big web companies do.
Making profits as a reseller demands being good at raising funds, negotiating deals/purchases/contracts, packaging and pricing products correctly, marketing, daily operations etc etc.
So far they took big loans to offer their 4G plans for dirt cheap prices. Now they are selling their company in pieces to pay loans and be free of debt.
How will they price things going forward? Well time will tell. But it's one of those companies and business, where they have to turn in profits. They can't exactly show ads and make money like big web companies do.