On call failures in Jio Network owing to insufficient interconnect capacity, RIL chairman Mukesh Ambani explained the laws cannot be tweaked beyond a few weeks. In an interview, Ambani added that the interconnect issue is only for a few weeks, and the RIL doesn’t intend to take ‘violation of legal license obligations lightly’.
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Apart from the ecommerce business, Infibeam also runs BuildABazaar (DIY ecommerce platform), Indent (Sony acquired 26% stake in Indent few years back), Incept and Picsquare. Infibeam plans to use the 450 crores for setting up cloud data infra and 75 logistics center.