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The Latest Breaking News from Akash Ambani

Reliance Jio Q1 Results: IPO-bound telco’s net profit rises 9% YoY to Rs 7,764 crore; ARPU climbs to Rs 215.6

Reliance Jio Q1 Results: Jio Platforms reported a 9% YoY rise in Q1 FY27 net profit to Rs 7,764 crore, supported by higher ARPU, subscriber additions and digital services growth. The IPO-bound telecom major also highlighted its expanding broadband business and deep-tech focus as it prepares for a landmark public…

The Economic Times

Jio IPO: Meta, Google among 10 global investors that backed billionaire Mukesh Ambani’s digital giant

While Reliance Industries remains firmly in control with a 66.43% stake, the shareholder register reads like a who's who of global technology, private equity and sovereign wealth investors, including Meta, Google, Saudi Arabia's Public Investment Fund, KKR, Vista Equity Partners, Mubadala, General Atlantic, ADIA and TPG.

The Economic Times

Canadian lender TD tells some employees it will use software to monitor their work

In a bid to refine efficiency, Toronto-Dominion Bank is introducing software to monitor employee activities in its financial crimes and risk management divisions, generating unease over privacy issues. The system reviews browser usage, chat interactions, and meeting applications to enhance productivity. While TD insists this is a standard practice with…

The Economic Times

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Reliance’s AI ambitions & other key takeaways from its 2026 AGM

Reliance Industries is aggressively pursuing AI leadership in India, aiming to build sovereign infrastructure and develop AI solutions for the nation. The company announced plans for a significant Jio IPO, a rapid expansion of its quick commerce business, and the integration of AI across its network and media platforms.

The Economic Times

Reliance Intelligence to make AI dramatically more affordable in India by 2030: Akash Ambani

Reliance aims to revolutionize AI accessibility in India, mirroring its Jio data success. By decade's end, the company plans to make AI "dramatically more affordable" for every Indian through its new "Reliance Intelligence" unit. A massive AI infrastructure project in Jamnagar, powered by clean energy, will be operational by 2026,…

The Economic Times

Reliance's media biz clocks Rs 34,917 cr revenue in FY26; JioHotstar cross 1 billion downloads

Reliance's media arm achieved a significant Rs 34,917 crore revenue in FY26, with JioHotstar becoming India's top digital streamer and the first Indian paid OTT to hit one billion downloads. The integrated media ecosystem, including JioStar and Jio Studios, delivered strong EBITDA and net profit. JioStar leads TV viewership, while…

The Economic Times

Jio IPO filed: 10 crucial things investors must know about Ambani's $3 billion plan

Jio Platforms has filed its DRHP with Sebi for a massive IPO comprising a fresh issue of up to 27 crore shares. The offering aims to reduce debt, fund growth and unlock value for shareholders, while marking a milestone for India's largest telecom and digital services platform.

The Economic Times

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What Mukesh Ambani said as Jio IPO becomes Reliance's 'most important milestone' of 2026

Reliance Industries Chairman Mukesh Ambani announced that the Jio Platforms IPO is a significant value creation milestone for the year, with the telecom giant filing its DRHP with SEBI. He assured shareholders that the listing will unlock substantial value and present an attractive investment opportunity, highlighting Jio's role in building…

The Economic Times

Reliance AGM: Key facts and numbers about Jio Platforms

Mukesh Ambani's Reliance Jio Platforms is set for a significant Mumbai listing, aiming to raise approximately $3.8 billion. This move could mark India's largest initial public offering. Jio, a major telecom player, is diversifying into AI and cloud services. The company has attracted substantial investment from global giants. This IPO…

The Economic Times

Forget chatbots, Ambani's Reliance wants to own India's entire AI economy

Reliance Industries is charting a unique AI strategy, aiming to democratise artificial intelligence in India by focusing on affordability and accessibility rather than solely on developing advanced models. The company is building a sovereign AI infrastructure and a suite of sector-specific AI platforms, mirroring its successful Jio telecom playbook to…

The Economic Times

Jio IPO: Bharti Airtel shares jump 2% as Mukesh Ambani says Jio to file DRHP today

Bharti Airtel shares rose over 2% after Mukesh Ambani announced Jio Platforms will file its DRHP with SEBI. The proposed IPO could become India’s largest. Jio’s strong subscriber base and valuation outlook highlight intensifying competition with Airtel in the telecom and broadband space.

The Economic Times

Reliance AGM 2026: Isha Ambani lays out Rs 1 lakh crore FMCG ambition amid Jio IPO

Reliance Industries used its 2026 AGM to outline ambitious growth plans across retail, consumer goods and digital businesses, while also taking a major step toward listing Jio Platforms.

The Economic Times

Reliance AGM 2026 Key Takeaways: Jio IPO, AI, satellite connectivity, JioTeleFrame & more; 10 biggest announcements from Ambani's vision for the future

Reliance AGM 2026 Key Takeaways: Reliance Industries unveiled ambitious plans at its AGM 2026, including the approval of Jio Platforms' IPO and the development of India's sovereign AI backbone. The company also announced plans for satellite connectivity, AI-powered services in 22 Indian languages, and expansion in manufacturing and retail.

The Economic Times

Jio IPO: Akash, Isha and Anant Ambani to lead IPO process, says Mukesh Ambani

Reliance Industries Chairman Mukesh Ambani announced that the board has approved the draft prospectus for the much-awaited IPO of Jio Platforms, with Akash Ambani, Isha Ambani Piramal and Anant Ambani set to lead the listing process.

The Economic Times

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The Economic Times

JioStar rolls out JAMS, betting on GenAI to reshape premium content production

JioStar, Reliance's media arm, has launched JioStar GenAI Media Studio. This platform uses artificial intelligence to create premium content for India. The initiative was announced at Reliance Industries' AGM. JioStar leads India's media market with a significant viewership share. The platform aims to produce content across various languages and formats…

The Economic Times

Reliance seeks to build India's sovereign AI backbone; unveils Jio call agent and AI home platform

Reliance Industries is building India's sovereign AI backbone. The company is partnering with Google and Meta. New AI-powered applications are launching for Indian users and businesses. An AI agent will join phone calls to assist users. Reliance aims to make AI affordable for every Indian. This initiative leverages Jio's vast…

The Economic Times

Reliance Jio eyes India's own satellite broadband network

Reliance Jio is exploring a plan to build its own satellite network for India. This initiative aims to bring internet access to remote areas. The company is also partnering with global satellite providers. This dual approach will speed up service delivery. Jio is establishing ground stations to support this ambitious…

The Economic Times

Reliance Jio Telecom Business: Ambanis bet on 5G, AI and broadband in five-point blueprint for Jio's next chapter

Reliance Jio remains India's telecom leader with aggressive 5G expansion, growing subscriber numbers, and new digital services featured prominently at the AGM. Reliance Jio announced five strategic growth commitments, including expanding 5G adoption and broadband access, as its subscriber base surpassed 524 million. The company is also venturing into satellite…

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The Economic Times

Mukesh Ambani draws zero salary again: India's richest man forgoes paycheck for 6th straight year

Reliance Industries Chairman Mukesh Ambani did not take any salary in FY26, continuing a six-year trend. Reliance reported strong annual revenue growth despite profit decline in Q4, while Ambani’s children and senior executives received commissions and remuneration.

The Economic Times

Ambani's Reliance Jio: Businesses and investors of the IPO-bound firm

Reliance Jio Platforms, owned by billionaire Mukesh Ambani, is preparing to seek approvals for a Mumbai IPO that could become India’s biggest stock market listing. Reuters reported the offering may raise up to $4 billion, though timelines were delayed due to weaker IPO sentiment after tensions in West Asia.

Benzinga

India's Richest Man Now Going After Mark Zuckerberg's Meta Glasses — After Starbucks, Coca-Cola, Pepsi And Netflix

On Friday, Reliance Industries Ltd., led by billionaire Mukesh Ambani, unveiled a wave of ambitious artificial intelligence and consumer tech initiatives, including Jio Frames smart glasses, signaling a direct challenge to Meta Platforms Inc.'s (NASDAQ:META) wearable tech push and other global giants.

International Business Times

Inclusivity and Traditional Indian Wisdom: A Blueprint for Eternal Prosperity

In a time of ideological divisions, fractured global dialogues, and rising individualism, the world searches for systems that don't merely tolerate diversity but celebrate it. Few cultures preach this profound idea: Unity through diversity. At the heart of India's millennia-old spiritual wisdom lies an inclusive worldview, which isn't just philosophical,…

TechRadar

'Who wants to be a billionaire?': Millions will get app to 'build high compute AI applications' and get them deployed across India's largest phone network

Digital arm of India’s Reliance Industries is building a hardware-less cloud-based personal PC.

Dynamite News

"From India to the world": Nita Ambani to take centre stage at 2025 India Conference at Harvard

Nita Ambani, founder and chairperson of the Reliance Foundation, will take the spotlight at the highly anticipated India Conference at Harvard (ICH) in 2025. Read further on Dynamite News:

The Independent UK

World’s most expensive wedding party heading to UK with Prince Harry set to join £600m celebrations

Indian heiress and son of Asia’s richest man continue wedding celebrations

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