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Reliance Jio chairman Akash Ambani introduces "Riya" — a feature similar to Alexa or Siri; will allow hands-free access to calls, music, etc, in multiple Indian languages

The Mukesh Ambani-run firm was the first to apply for a patent on May 7 and was followed by three more — a Mumbai resident, a retired Indian Air Force officer and a Delhi-based lawyer

The company is also limiting the presence of its physical stores, slashing marketing budgets and merging Reliance Brands Ltd, with its umbrella retail entity, according to report

Also, a weak trend in index major Reliance Industries and ICICI Bank dragged down the benchmark indices lower in initial trade.

The 30-share Sensex jumped 179.16 points or 0.30 per cent to 59,834.22 points, while the broader 50-share Nifty rose 46.75 points or 0.27 per cent to 17,670.80 points.

The 30-share BSE Sensex jumped 705.26 points to 58,665.35 in early trade. The broader NSE Nifty climbed 196.95 points to 17,277.65.

The 30-share BSE index was trading 22.82 points or 0.04 per cent higher at 52,758.41 in initial deals. Similarly, the broader NSE Nifty inched 7.45 points or 0.05 per cent up to 15,822.15.

The 30-share BSE index was trading 160.07 points or 0.31 per cent higher at 52,101.71 in initial deals.

The 30-share BSE index was trading 6.73 points or 0.01 per cent higher at 50,200.06, and the broader NSE Nifty advanced 1.50 points or 0.01 per cent to 15,109.60.

The 30-share BSE index was trading 403.16 points or 0.82 per cent lower at 48,758.65 in initial deals.

Sensex touched an all-time high of 49,874.42 and the Nifty50 on the National Stock Exchange (NSE) recorded a new high of 14,666.45 points.

Both the Sensex and the Nifty50 on the National Stock Exchange (NSE) touched all-time high levels of 49,795.19 and 14,653.35 points.

It also observed that Mukesh Ambani being the Chairman & Managing Director of RIL, was responsible for its day-to-day affairs and thereby, liable for the "manipulative trading" done by RIL.