Prøve GULL - Gratis
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.
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.
Denne historien er fra August 30, 2025-utgaven av The New Indian Express Thiruvananthapuram.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA The New Indian Express Thiruvananthapuram
The New Indian Express Thiruvananthapuram
India and UAE Set Target of $100 Billion Trade Under CEPA
In a bid to deepen the Comprehensive Economic Partnership Agreement (CEPA), India and the United Arab Emirates (UAE) have set a shared goal of achieving $100 billion in non-oil, non-precious-metals trade by 2030.
1 min
September 02, 2025
The New Indian Express Thiruvananthapuram
Pickleball craze peaks with gala tourney in city
The past weekend saw Thiruvananthapuram host a unique sporting event that nudged an already growing trend a step higher.
2 mins
September 02, 2025
The New Indian Express Thiruvananthapuram
First look of Jayasurya's Kathanar unveiled
THE first look of Jayasurya and Anushka Shetty's much-anticipated film, Kathanar: The Wild Sorcerer, has been unveiled.
1 min
September 02, 2025
The New Indian Express Thiruvananthapuram
Benny's Royal Tours gets ISO 9001:2015 certification
BENNY'S Royal Tours has become the first travel enterprise in South India to be awarded the internationally recognised ISO 9001:2015 certification for quality management by TUV Nord GmbH Germany, company sources said.
1 min
September 02, 2025
The New Indian Express Thiruvananthapuram
LURE OF LORE
T'S dark outside. The only light in the room comes from the vilakku, throwing soft shadows on the walls.
1 mins
September 02, 2025
The New Indian Express Thiruvananthapuram
Heritage, culture mapping of 75% villages done
AS part of the ambitious Mera Gaon Meri Dharohar (MGMD) programme aimed at preserving and showcasing India's cultural heritage, 75 percent of the villages across the country have been mapped and their cultural profiles uploaded on the dedicated portal.
1 mins
September 02, 2025
The New Indian Express Thiruvananthapuram
IIST Being Considered for National Recognition
THE Indian Institute of Space Science and Technology (IIST) at Valiamala, Thiruvananthapuram, could soon reach more heights, as it is in active consideration for being accorded the 'Institution of National Importance' (INI) status.
1 min
September 02, 2025
The New Indian Express Thiruvananthapuram
India Rout Kazakhstan 15-0
INDIA ran up a cricket score — 15-0 — against Kazakhstan in their final Pool A fixture at the Asia Cup in Rajgir on Monday.
1 min
September 02, 2025
The New Indian Express Thiruvananthapuram
India-US military exercise to take place in Alaska
THE ongoing tension between India and the US over American tariffs has not affected military ties, as the armies of the two countries have decided to continue with their scheduled joint exercise, Yudh Abhyas 2025.
1 min
September 02, 2025
The New Indian Express Thiruvananthapuram
EU leader's flight disrupted by suspected Russian interference
A plane carrying European Commission President Ursula von der Leyen was hit by GPS jamming over Bulgaria in a suspected Russian operation, a spokesperson said Monday.
1 mins
September 02, 2025
Listen
Translate
Change font size