44.15 (3.28%) Reliance Industries’ (RIL) telecom arm - Reliance Jio Infocomm (Jio) has denied the launch of JioCoin App. Jio has come across reports in media and other websites about the existence of purported JioCoin Apps on the Internet that are soliciting investments in crypto currencies from people.
The company informed the public and media that there are no such apps offered by the company or its affiliates / associates. Any such apps using the JioCoin name are fake and people are advised to refrain from dealing with any of them.
RIL is India’s largest private sector company. The company’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.