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

NSE, Jio to launch mega listings in September; to lead India’s second-half IPO revival

Both NSE and Jio Platforms filed their draft papers in June to raise about ₹30,000-31,500 crore and ₹37,000-37,700 crore, respectively, making them India’s biggest IPOs to date. By comparison, Hyundai India’s IPO in October 2024 raised about ₹27,870 crore, while LIC’s issue in May 2022 was worth ₹20,557 crore. Source link

Jio BlackRock AMC attracts 10 lakh investors, 18% first-time participants

The joint venture between Jio Financial Services and BlackRock has also seen strong participation from investors beyond major metros, with 40% of its retail investors coming from B-30 cities. Photo Credit: Jio BlackRock Mutual Funds Instagram Jio BlackRock Asset Management, which launched its services in May, has built an investor base of 10 lakh, with … Read more

Jio Brain: Integrating AI into Telecom Network – Jio Platforms |

Jio Platforms, a subsidiary of Reliance Industries that helps operators to evolve to new 5G capabilities, has created an AI platform, Jio Brain, that integrates machine learning (ML) capabilities in a telecom operator’s network, enterprise network, or any industry-specific IT environment without the need for an exhaustive network/IT transformation. According to a LinkedIn post by … Read more

Jio Satellite only one with 1 Gbps connectivity; Sunil Mittal’s OneWeb should not underestimate us: Reliance Jio top exec

Bharti Group-backed OneWeb vs Jio’s satellite services: A senior executive from Reliance Jio has cautioned that OneWeb, backed by the Bharti Group, should not underestimate the competition posed by Jio’s satellite services. Jio has already established a gateway and demonstrated a 1 Gbps broadband connectivity, a feat that might not be easily matched by competitors … Read more

Reliance AGM today: What to expect

The 46th Annual General Meeting (AGM) of Reliance Industries Limited (RIL) is being held on Monday. The RIL AGM is a major event for the Indian business community. The announcements made at the meeting could have a significant impact on the Indian economy. Investors are therefore eagerly awaiting the meeting to hear what Mukesh Ambani … Read more