Net profit of Reliance Industries Ltd. barely grew in the fiscal third quarter as weak oil & gas revenue offset gains in the telecom and retail businesses. Reliance Indusries Chairman Mukesh Ambani. (PTI) Net profit of India’s largest company by market capitalisation rose 0.56% YoY to ₹18,645 crore on revenue that increased 10.51% YoY to […]
Jio Platforms Ltd. plans to offload shares equivalent to 2.5% stake in its IPO planned for 2026, a move that could make it the country’s largest-ever IPO worth more than $4 billion. Jio Platforms IPO is the most highly anticipated IPO of 2026. (Bloomberg) The company, led by Mukesh Ambani, is the parent of India’s […]
India’s state-backed telecom operator Bharat Sanchar Nigam Ltd. has launched nationwide WiFi calling services, stepping up efforts to retain subscribers and modernise its network against private sector heavyweights. BSNL had 9.25 mobile subscribers and 44.2 lakh wired broadband subscribers in October 2025. (HT) The new service, effective 1 January 2026, allows users across all telecom […]
India’s telecom sector is entering 2026 with unmistakable momentum, with Reliance Jio and Bharti Airtel pulling decisively ahead on the back of consistent 5G adoption, attempts at aggressive home broadband expansion, and strong subscriber additions across mobile and fixed wireless access. Vi, formerly Vodafone Idea, meanwhile remains stuck in decline despite incremental 5G rollouts in […]
Reliance Industries Ltd. is said to have started working on an initial draft red-herring prospectus for the Jio Platforms IPO, in what is expected to be India’s biggest-ever listing. Reliance Industries, led by Chairman Mukesh Ambani, is informally speaking with banks to prepare the Jio Platforms IPO DRHP, which they plan to file with SEBI […]
Investment bankers are proposing a valuation of as much as $170 billion for Jio Platforms Ltd., according to people familiar with the matter, ahead of what could be a record-breaking initial public offering for Reliance Industries Ltd.’s wireless carrier. Mobile sim card packets for Jio Platforms Ltd., a unit of Reliance Industries Ltd., in Mumbai, […]
Reliance Jio has partnered with Google to offer select 5G users free access to Gemini Pro for 18 months. The plan—priced at ₹35,100—will be available to eligible Jio subscribers aged 18-25 through the MyJio app. The tie-up marks a major move by Reliance Jio and Google to bring advanced AI tools to India’s fast-growing 5G […]
Reliance Industries is reporting its second-quarter results today. Reliance Industries Q2 Results Live Updates | 17 October 2025 — India’s most valuable company, Reliance Industries Ltd. will announce its July-September quarter (Q2 FY26) results today. Investors are watching closely for updates across RIL’s key businesses—refining, petrochemicals, retail, telecom (Jio), and new energy. Analysts are expecting […]
The Jio IPO can fetch more than $6 billion with Reliance selling just 5% of the firm. That’s far more than the record $3.3 billion raised in Hyundai India IPO. Source link
