The rising probability of a duopoly in the domestic telecom market has prompted mutual funds to prefer a direct exposure to the sector instead of a proxy play through petroleum refining giant Reliance Industries (RIL), which has invested heavily in its telecom venture Jio.
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MFs raise holdings in Bharti Airtel as business prospects brighten for telco
MFs raise holdings in Bharti Airtel as business prospects brighten for telco
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