Jio Platforms is preparing for a significant IPO, aiming to expand beyond mobile services into sovereign AI, satellite broadband, and fibre networks. This strategic pivot away from foreign tech and strong subscriber growth positions it as a key player in India's digital future.
Jio Platforms, Reliance Industries' digital arm, has filed draft papers with SEBI for an IPO aiming to raise up to $4 billion, potentially India's largest stock listing. Proceeds will be used to retire debt, with the offering expected to reshape the Indian IPO market.
Jio Platforms is evaluating the development of a sovereign Low-Earth orbit (LEO) satellite constellation for India, aiming to connect the country from the skies. The company is also building ground station infrastructure and partnering with global providers to accelerate service availability.
Reliance Industries Chairman Mukesh Ambani outlined a future focused on AI, satellite connectivity, and clean energy at the 49th AGM. Jio Platforms filed for a potential $4 billion IPO, India's largest ever. Ambani also signaled a nearing completion of leadership transition to his children.
Reliance's media business reported Rs 34,917 crore revenue in FY26. JioHotstar became India's top digital streamer with over 1 billion downloads and 451 million monthly users, setting concurrency records. The integrated ecosystem, including JioStar and Jio Studios, achieved strong financial results.
Jio Platforms, India's largest telecom operator, is exploring low-orbit satellite communications, aiming to connect India from the skies. The company plans to partner with global providers for a quick rollout while building its own long-term capabilities and ground infrastructure.
Reliance Jio has submitted its draft red herring prospectus to Sebi for an IPO, intending to issue 27 crore shares. The company plans to utilize all IPO proceeds for debt repayment, with remaining funds for general corporate purposes. Mukesh Ambani highlighted the listing's potential to unlock significant investor value.
Jio Platforms, Reliance Industries' telecom unit, plans a potential $4bn IPO, one of India's largest share sales. The board approved a draft prospectus, with the listing seen as a test of investor appetite after market volatility. The IPO follows Jio's expansion into AI and digital infrastructure.
Jio Platforms, Reliance Industries' telecom unit, plans a massive IPO, potentially raising $4bn. The listing is seen as a key test for India's stock market appetite after recent volatility and could boost investor sentiment.
Reliance Industries announced major plans at its AGM 2026, including the approval of Jio Platforms' IPO, development of India's sovereign AI backbone in Jamnagar, and a Low Earth Orbit satellite constellation. The company also detailed expansion in manufacturing, retail, and a significant push in green energy, aiming to create over 200,000 jobs.
Jio Platforms, India's largest wireless operator, filed draft papers for an IPO on Friday, aiming to issue up to 270 million shares. The listing aims to showcase India's global tech capabilities amidst market challenges.
Reliance Jio, India's telecom leader, announced five strategic growth commitments at its AGM, focusing on 5G expansion, broadband access, and digital services. The company also revealed plans for a low Earth orbit satellite constellation and a potential $4 billion IPO, solidifying its market dominance.
Reliance Industries chairman Mukesh Ambani announced Jio Platforms' IPO at the 49th AGM, with the DRHP to be filed with SEBI. The offering aims to be India's largest public issue, potentially surpassing Rs 30,000 crore.
Reliance Industries chairman Mukesh Ambani announced Jio Platforms' board has approved its IPO draft red herring prospectus (DRHP), to be filed with SEBI. Expected to be India's largest public issue, it aims to value Jio Platforms between ₹8-10 lakh crore.
Reliance Jio has denied allegations of sabotaging Telegram access outside India, as claimed by Telegram CEO Pavel Durov. Durov alleged BGP hijacking was used, linking it to a competitive war with Meta, which has a stake in Jio. Experts noted ambiguity in Durov's statements, with one snapshot mentioning Reliance Communications (AS18101) and not Reliance Jio Infocomm (AS55836). Jio stated it adheres to global best practices for network operations.
Reliance Jio is reportedly close to filing draft papers for its $4 billion IPO, potentially becoming one of India's largest public issues. The move follows discussions on valuation and a shift to a fresh issue, with proceeds directed to Jio for expansion.
Reliance Jio and the National Stock Exchange are set to file draft IPO papers this week, potentially raising $6 billion combined. Jio's $4 billion offering could be India's largest listing, while NSE's filing aims to boost market sentiment after years of delays.
Índia bloqueia o Telegram em resposta a redes de fraude que enganaram candidatos para o exame NEET 2026. A medida visa combater vazamentos de provas e proteger a integridade do processo seletivo.
India begins its ICC Women's T20 World Cup 2026 campaign against Pakistan on Sunday in Birmingham. India has a dominant 13-3 T20I record against Pakistan and enters the tournament with confidence after recent successes.
Mukesh Ambani's Jio Platforms plans a massive IPO in India, fueled by strong investor demand for tech offerings like SpaceX. However, historical data suggests large IPOs can signal market peaks, raising concerns about liquidity and potential impacts on upcoming Indian listings.
Aditya Dhar's 'Dhurandhar 2: The Revenge' concludes its theatrical run with Rs 1148.95 crore, just shy of Rs 1150 crore. The film's worldwide gross is Rs 1812.82 crore. An unrated OTT version is now available on JioHotstar.
Ranveer Singh's action thriller 'Dhurandhar 2' is now available on JioHotstar in India, featuring an extended 3-minute cut. The film also premiered on Netflix internationally on May 15, 2026.
JioStar, the Reliance-Disney venture, plans to significantly boost AI-generated content on JioHotstar following the strong performance of its AI-made Mahabharat series, which garnered 6.5 million views on its first day. The company aims to reduce production costs and is hiring AI specialists.
Filmes de terror "Backrooms" e "Obsessão", dirigidos por youtubers, lideram bilheterias nos EUA e Brasil. "Backrooms" arrecadou US$ 80 milhões em seu fim de semana de estreia, superando expectativas e recordes de estúdio.
