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Jio IPO by 1st half of 2026: Ambani
August 30, 2025
|The New Indian Express Villupuram
RELIANCE Industries chairman Mukesh Ambani on Friday said he will take the group's telecom and digital arm Jio public by the first half of 2026.
RELIANCE Industries chairman Mukesh Ambani on Friday said he will take the group's telecom and digital arm Jio public by the first half of 2026. Since its debut in 2016, Jio has netted over 500 million customers, which outnumber the combined populations of the US, France and England, making it one of the largest mobile operators in the world. Reliance Jio Infocomm's initial public offer (IPO) would unlock value for its 4.4 million shareholders, Ambani told shareholders at the 48th Annual General Meeting here on Friday. "Today, it is my privilege to announce that Jio is making arrangements to file for its IPO. We are aiming to list Jio by the first-half of 2026, subject to necessary approvals," he said. Since its commercial debut in 2016, Jio has built the world's fastest 5G rollout, with an ambition to expand into smart homes, enterprise digitization, and consumer AI services.
هذه القصة من طبعة August 30, 2025 من The New Indian Express Villupuram.
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The New Indian Express Villupuram
MTNL approves sale of ₹350-cr Mumbai assets
STATE-owned telecom service provider Mahanagar Telephone Nigam Limited (MTNL) on Monday announced the approval of the sale of its residential property located in Bandra Kurla Complex (BKC), Mumbai, as part of its asset monetisation plan.
1 min
December 16, 2025
The New Indian Express Villupuram
LAD funds of 3 Raj MLAs frozen on graft allegation
THE Rajasthan government on Monday seized Local Area Development (LAD) Fund accounts of three legislators and ordered an inquiry amid allegations that hefty commissions being demanded in exchange for sanctioning works under the scheme.
1 min
December 16, 2025
The New Indian Express Villupuram
3 officials told to explain delay in nod to try IAS officers in corpn tender case
FUMING over the \"substantial unexplained delay\" in obtaining sanction from the Centre for prosecuting two IAS officers in a case over alleged irregularities committed in awarding tenders in the Chennai and Coimbatore corporations when SP Velumani was Municipal Administration Minister during the AIADMK government, the Madras High Court on Monday impleaded three top bureaucrats and directed them to file an explanation for the delay.
1 mins
December 16, 2025
The New Indian Express Villupuram
Mamata can't be univ chancellor, Murmu rejects bill to replace Guv
THE West Bengal government suffered a major setback on Monday after President Droupadi Murmu disapproved the West Bengal University Laws (Amendment) Bill, 2022.
1 min
December 16, 2025
The New Indian Express Villupuram
THE EVOLVING POLITICS OF CESS
I N moments of national anxiety, language hardens.
3 mins
December 16, 2025
The New Indian Express Villupuram
Hong Kong jails media tycoon Jimmy Lai in security case
JIMMY Lai, the pro-democracy former Hong Kong media mogul and outspoken critic of Beijing, was convicted in a landmark national security trial in the city's court on Monday, which could send him to prison for the rest of his life.
1 min
December 16, 2025
The New Indian Express Villupuram
Modi embarks on three-nation tour, lands in Jordan
PRIME Minister Narendra Modi on Monday arrived to a rousing welcome in Amman, the capital of Jordan, the first stop in the three nation trip.
1 min
December 16, 2025
The New Indian Express Villupuram
LS clears ₹41,455 crore for additional spending
THE Lok Sabha on Monday cleared the first tranche of Supplementary Demands for Grants, seeking an allocation of ₹41,455 crore of additional spending by the Centre in the current financial year, including expenditure of over ₹18,000 crore for fertilizer subsidy.
1 min
December 16, 2025
The New Indian Express Villupuram
Lack of road for ambulance leaves pregnant woman, unborn child dead
A pregnant tribal woman, Sukri Kumari, and her unborn child were killed in Jharkhand's Gumla due to a lack of roads in the village.
1 min
December 16, 2025
The New Indian Express Villupuram
Mexico tariff may impact $2 billion exports; India initiates talks for PTA
UNION Commerce Secretary Rajesh Agrawal said on Monday that India has already initiated technical discussions with Mexico from December 12 for a preferrential trade agreement (PTA) to address the challenge that could arise due to the tariff by Mexico.
1 mins
December 16, 2025
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