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Jio IPO by 1st half of 2026: Ambani
The New Indian Express Coimbatore
|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.
Denne historien er fra August 30, 2025-utgaven av The New Indian Express Coimbatore.
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FLERE HISTORIER FRA The New Indian Express Coimbatore
The New Indian Express Coimbatore
PRICE WAR VROOMS
MAHINDRA JOINS MARUTI IN PRICE CUTS AFTER GST RATIONALISATION, ADDS BENEFITS TOTALING ₹2.56 LAKH
1 mins
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The New Indian Express Coimbatore
Don't harass NGO in FCRA case: SC bins centre's plea
THE Supreme Court on Friday rejected the union government’s appeal against a Madras High Court order directing it to process and grant renewal of registration to a non-government organisation (NGO) which was receiving foreign contributions.
1 min
September 20, 2025
The New Indian Express Coimbatore
Singer Zubeen Garg dies in Singapore following scuba diving accident
ZUBEEN Garg, the 52-year-old cultural icon of Assam and a heartthrob of the younger generation, passed away on Friday in Singapore, leaving behind a rich legacy.
1 min
September 20, 2025
The New Indian Express Coimbatore
Corp tax mop-up rises, individual collections drop
Higher income tax exemption limit brings down personal advance tax collections
1 mins
September 20, 2025
The New Indian Express Coimbatore
SANITARY STAFF Court allows probe panel to inquire into police excess
THE Madras High Court on Friday refused to extend the interim stay on the order constituting a one-man commission headed by a retired judge to probe into the alleged police excess during the arrest of sanitary workers, who were protesting against the privatisation of solid waste management in two zones of Greater Chennai Corporation, on August 13.
1 min
September 20, 2025
The New Indian Express Coimbatore
K-point in India, Canada NSA talks
IN a key step towards mending diplomatic ties, National Security Adviser Ajit Doval held bilateral security consultations with his Canadian counterpart Nathalie Drouin in New Delhi on Thursday.
1 mins
September 20, 2025
The New Indian Express Coimbatore
HC orders mop-up counselling for NEET-SS seats
THE Madras High Court has ordered the director general of health services (DGHS) attached to the Union Ministry of Health and Family Welfare and the Medical Counselling Committee (MCC) to conduct mop-up counselling for NEET-Super Specialty 2024-25, so as to fill the vacant seats and enable successful candidates to get their preferred courses.
1 min
September 19, 2025
The New Indian Express Coimbatore
Sebi clean chit to Adani on Hindenburg allegations
MARKETS watchdog Sebi on Thursday dismissed all the charges levelled by the now-shuttered US -based short-seller Hindenburg Research against the Adani group, its founder Gautam Adani, his brother, and a few top executives including the group’s chief financial officer Jugeshinder Singh.
1 min
September 19, 2025
The New Indian Express Coimbatore
Cop drives on as 40-yr-old clings on to car, suspended
A special sub-inspector (SSI) attached to the Tirunelveli city police was suspended on Thursday after a video of him driving his car for a few hundred metres with a man clinging to the bonnet went viral online.
1 min
September 19, 2025
The New Indian Express Coimbatore
SIX STILL MISSING, 2 DEAD AS RAIN BATTERS UTTARAKHAND
TWO people were killed, five rescued alive while six people are missing as landslides and flooding triggered by heavy rain flattened more than 40 houses in four villages of Uttarakhand’s Chamoli district on Thursday.
1 min
September 19, 2025
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