Shares of Ambani’s Jio rise 21% in India’s biggest IPO
Telecoms business raises $3.2bn at $108bn valuation in relief to stock market hit by war in Iran
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Telecoms business raises $3.2bn at $108bn valuation in relief to stock market hit by war in Iran
The listing furthers Asia's richest man Mukesh Ambani's plan to turn Jio's parent Reliance Industries from an oil-and-chemicals conglomerate into an "everything company" spanning consumer and technology.
The October 6 lawsuit, being ‌reported for the first time and due to be heard on October 27, 2026, is the most high-profile challenge to the government’s privacy ‌law
Jio Platforms', India's largest ever, is being closely watched as a test of investor appetite for large listings at a time when AI-linked stocks are facing increased scrutiny.
Innerhalb von zehn Jahren hat der Clan eine neue Nummer 1 unter den Mobilfunkanbietern aufgebaut. Die weiteren Wachstumsaussichten des Konzerns sind aber begrenzt, da der indische Telekommarkt weitgehend gesättigt ist.
Rubio said the "extraordinary" refining capacity of Reliance could help India diversify its energy supplies, hinting at greater offtake of Venezuelan crude.
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