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In his keynote address at Bloomberg Global Business Forum, PM Narendra Modi promised a secure environment to global investors coming to India. Meanwhile, telecom disruptor Reliance Jio's venture into home broadband segment might not be all that disruptive. And the primary reason behind RBI's clampdown on PMC Bank. Read for more headlines from world of business and economy today:
For a telco, which has been dictating the tariff structure in the wireless segment, the pricing of Jio's fixed broadband services is unlikely to cause trouble to incumbents such as Bharti Airtel and BSNL.