Reliance responds to Elon Musk’s allegations, says it welcomes competition

Reliance Industries Ltd (RIL), whose subsidiary is Jio Platforms Ltd., has hit back at U.S. Billionaire Elon Musk for his recent remarks on the company and the Indian market in connection with his satellite service Starlink. Mr. Musk had accused the telecom operator and its parent company of “oligarch[ic]” behaviour, essentially saying their pushback was … Read more

Jio IPO a ‘great responsibility’, says Akash Ambani; listing to share value with Indian citizens, including retail investors

Reliance Jio chairman Akash Ambani said Jio Platforms’ planned listing -set to be the biggest ever in India’s history-comes with a responsibility to deliver value to shareholders, including retail investors, as the country’s most-valued company prepares for its first public issue in three decades. Asked about the likely October-end initial public offer (IPO) and potential … Read more

Jio files for India’s biggest ever IPO, likely to be ₹35,000 to ₹40,000 crore

Reliance Industries Chairman Mukesh Ambani addresses the 49th Annual General Meeting (post-IPO) of Reliance Industries Limited, in Mumbai, Maharashtra. Photo: YT/@RelianceUpdates via PTI Photo Jio Platforms Ltd (JPL) on Friday filed the Draft Red Herring Prospectus (DRHP) with market regulator the Securities & Exchange Board of India (SEBI) for an Initial Public Offer (IPO) of … Read more

Tim Cook to step down as Apple CEO as hardware chief John Ternus takes over

Apple on Monday (April 20, 2026) named insider John Ternus ‌as its next CEO, tasking ​the long-time hardware chief ⁠to steer the company after Tim Cook as the iPhone maker gears up ‌for an industry change spurred by artificial intelligence. Mr. Ternus, who joined ‌Apple in 2001, has recently ‌overseen ⁠the company’s hardware engineering efforts … Read more