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The Latest Breaking News from Jio Platforms

Can Reliance Jio's fresh-issue play restore faith in India's billion-dollar IPOs?

Reliance Jio may change its IPO plan. Instead of existing investors selling shares, it could be a fresh issue. This means money goes directly into Jio Platforms for debt reduction and expansion. This move could restore investor faith in large Indian IPOs. It might set a new standard for future…

The Economic Times

Jio revamps mega IPO; DailyObjects lines up fresh capital

Reliance Industries is revamping Jio Platforms’ IPO plans amid investor disagreements over valuation. This and more in today's ETtech Top 5.

The Economic Times

Ambani's Reliance Jio: Businesses and investors of the IPO-bound firm

Reliance Jio Platforms, owned by billionaire Mukesh Ambani, is preparing to seek approvals for a Mumbai IPO that could become India’s biggest stock market listing. Reuters reported the offering may raise up to $4 billion, though timelines were delayed due to weaker IPO sentiment after tensions in West Asia.

The Economic Times

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'Who wants to be a billionaire?': Millions will get app to 'build high compute AI applications' and get them deployed across India's largest phone network

Digital arm of India’s Reliance Industries is building a hardware-less cloud-based personal PC.

TechRadar

AMD teams up with Cisco, Nokia, and Jio Platforms for Open Telecom AI platform

AMD, Cisco, Nokia, and Jio Platforms will develop an open platform for telecommunication machines with advanced security based on AMD's processors and telco technologies from Cisco and Nokia.

Tom’s Hardware

Man City strike deal with billionaire linked to Liverpool takeover as new challenge to close £91m gap emerges

Liverpool have struggled to keep pace with the growth of Manchester City's commercial revenues

Liverpool Echo

Mukesh Ambani details succession plan: Retail to Isha, energy to Anant

NEW DELHI: Billionaire Mukesh Ambani on Monday laid bare the succession plan at India's most valuable company, identifying twins children Akash and Isha for telecom and retail leadership, and youngest son Anant for new energy unit.

The Times of India

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5G rollout by Diwali, Qualcomm partnership: Key points from Reliance Industries' AGM

NEW DELHI: Reliance Industries on Monday conducted its 45th annual general meeting (AGM). This is the 3rd time when RIL conducted its AGM virtually.

The Times of India

Explained in 10 charts: Why Mukesh Ambani's heirs will take over an empire different from what he inherited

NEW DELHI: Mukesh Ambani, the chairman of India's most valued firm Reliance Industries, has taken the first step to pass on the reins of leadership to the next generation of Ambanis.

The Times of India

Mukesh Ambani sets succession plan in motion by promoting his children

MUMBAI: Indian billionaire Mukesh Ambani just got busy with the early stages of succession planning at his energy-to-technology conglomerate Reliance Industries Ltd, naming two of his offspring as chiefs of key units in his $217 billion empire.

The Times of India

Jio inks sat JV to take on Musk, Tata, Mittal companies

NEW DELHI: Broadband through satellite is emerging as a major business area for telecom companies from India and abroad with a high-pitched battle on the cards between Mukesh Ambani’s Reliance Jio Platforms, Sunil Mittal-backed Bharti OneWeb, Tata’s Nelco and Elon Musk’s StarLink.

The Times of India

Jio Platforms acquires 25% stake in Two Platforms for $15 million

NEW DELHI: Digital service company Jio Platforms on Friday announced an investment of $15 million in Silicon Valley-based deep tech startup Two Platforms for acquiring 25 per cent equity stake on a fully diluted basis.

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