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Jio IPO by 1st half of 2026: Ambani
The New Indian Express Bhubaneswar
|August 30, 2025
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.
यह कहानी The New Indian Express Bhubaneswar के August 30, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
The New Indian Express Bhubaneswar से और कहानियाँ
The New Indian Express Bhubaneswar
THE WEALTH OF MERCY
N the delicious interlude between Diwali and Dev Diwali, or Kartik Poornima, that's coming up on November 5, the thoughts of many devotees may frequently dwell on the abundance of Mahalakshmi. So, it seems appropriate to talk a little about her.
4 mins
November 03, 2025
The New Indian Express Bhubaneswar
IIHL, Invesco Mutual Fund form JV
INDUSIND International Holdings Limited (IIHL), the promoter of IndusInd Bank, and Invesco Ltd. (Invesco) have completed formation of their asset management joint venture (JV) following ITHL’s acquisition of a60% ownership stake in Invesco Asset Management India (IAMD).
1 min
November 03, 2025
The New Indian Express Bhubaneswar
Covid death relief only for 500 docs' kin: RTI
ONLY 500 families of doctors who succumbed to COVID-19 during the first and second waves have been compensated by the government so far, latest RTI data has revealed.
2 mins
November 03, 2025
The New Indian Express Bhubaneswar
Groww initial public offer: Founders, early investors to gain up to 5,100%
THE promoters and the early investors of Billionbrains Garage Ventures, the parent of the country’s largest brokerage Groww, are going to make a killing from the %6,632 crore IPO that’s opening on Monday because their acquisition value is only a fraction of the post-issue valuation of the company that’s at $61,735 crore at the upper end of price band. Some of them will be making a windfall gains of up to5,100%, while the lowest return is 1,700%.
1 min
November 03, 2025
The New Indian Express Bhubaneswar
'Sweden to handhold India to comply with CBAM norms'
SWEDEN will be helping India to develop industry and make more sustainable model that will help India cater to the rules and regulations of Carbon Border Adjustment Mechanism (CBAM), confirmed Sara Modig, state secretary, Ministry of Environment & Climate, Government of Sweden.
1 min
November 03, 2025
The New Indian Express Bhubaneswar
Ahead of talks, MHA asks Ladakh bodies to submit fresh draft of demands
AHEAD of the talks with Ladakh leaders, the Ministry of Home Affairs (MHA) has sought a fresh detailed draft from Leh Apex Body (LAB) and Kargil Democratic Alliance (KDA) on their charter of demands.
1 min
November 03, 2025
The New Indian Express Bhubaneswar
Six-month deadline set to finalise heritage by-laws
TO ensure speedy and transparent approval of construction and repair works in the vicinity of the protected historical sites, the National Monument Authority (NMA) has embarked on finalising the Heritage Bylaws (HBLs) for 141 monuments.
1 mins
November 03, 2025
The New Indian Express Bhubaneswar
“We prepare future leaders who can lead and create meaningful impact”
From pioneering case-based learning to building India’s ‘unicorn factory’, IIM Ahmedabad Director Prof Bharat Bhasker charts the institute’s global vision and role in shaping leaders of tomorrow
2 mins
November 03, 2025
The New Indian Express Bhubaneswar
Shafali displays her worth on big day
A home World Cup final against South Africa. 40,000 fans making the Stadium seem like a circular wall of blue. You are taking guard for only the second time in the tournament after having come in as an injury replacement. What would you do?
2 mins
November 03, 2025
The New Indian Express Bhubaneswar
Western disturbance likely to reduce temps in northern, central India
A fresh Western Disturbance is set to affect the Western Himalayan region this week, bringing snowfall to higher reaches and rainfall to lower areas, marking the onset of winter in North and Central India.
1 min
November 03, 2025
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