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Jio IPO by 1st half of 2026: Ambani

The New Indian Express Thiruvananthapuram

|

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.

- BENN KOCHUVEEDAN @Mumbai

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 digitisation, and consumer AI services.

The New Indian Express Thiruvananthapuram からのその他のストーリー

The New Indian Express Thiruvananthapuram

Thriving behind social media ads, surrogacy racket exploits women

THE social media advertisement promised to 'Find your surrogate mother in 7 days!' with the tagline 'Speed and precision to match you with the surrogate.' But, as it turns out, behind the polished online posts and promises lurks a network that preys on poor, illiterate women luring them with offers of quick money to become egg donors and surrogates.

time to read

1 min

October 25, 2025

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India-US trade deal to be inked very soon: Govt

Negotiations concluded, both sides working on the language of the bilateral agreement

time to read

1 mins

October 25, 2025

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Madrasa probe for demanding 'virginity test' for 13-yr-old in Moradabad

'Threatened to expel her if she refused to comply'

time to read

1 mins

October 25, 2025

The New Indian Express Thiruvananthapuram

Gold rally lifts forex reserves by $4.5 billion

THE record rally in gold prices, which scaled past $4,300/ounce mark in the reporting week, have lifted the overall forex reserves by $4.5 billion to near the record level it had scaled in September when it was near $705 billion.

time to read

1 min

October 25, 2025

The New Indian Express Thiruvananthapuram

Taliban to build dam to limit water to Pak

IN a move that could have far-reaching consequences for Pakistan’s already strained water and energy security, Afghanistan’s Taliban government has said it will build a series of dams on the Kunar River.

time to read

1 min

October 25, 2025

The New Indian Express Thiruvananthapuram

DON'T CRITICISE CITIZENS DEMANDING BETTER INFRA

HE acrimonious exchange between Karnataka’s top political and corporate leaders over Bengaluru’s failing infrastructure has only served to highlight the reality that has become the city’s identity—cratered roads, traffic bottlenecks, and garbage piles.

time to read

1 mins

October 25, 2025

The New Indian Express Thiruvananthapuram

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UNFLINCHING LOOK AT A HAUNTING REALITY

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time to read

3 mins

October 25, 2025

The New Indian Express Thiruvananthapuram

Piyush Pandey: The adman who spoke to India in its own language

PIYUSH Pandey was the odd man out at a RedInk Awards panel discussion soon after Prime Minister Modi was voted in for the first time in 2014.

time to read

1 mins

October 25, 2025

The New Indian Express Thiruvananthapuram

Capacity overload: Study recommends cap on houseboats in Vembanad lake

THE iconic Vembanad lake — the lifeline of the state’s backwater tourism — is operating far beyond its ecological limits.

time to read

1 min

October 25, 2025

The New Indian Express Thiruvananthapuram

BJP scores surprise win in 1 seat, NC bags 3 in RS polls

THE Opposition BJP on Friday pulled off an unexpected victory in one of the four Rajya Sabha seats from J&K due to cross-voting by at least four legislators, while the ruling National Conference (NC) won the remaining three seats.

time to read

1 min

October 25, 2025

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