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The Latest Breaking News from Jio

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

Jio IPO: Spectrum acquisition, among 7 risks investors need to know about India’s largest offer

The IPO comes at a time when Jio's operating performance remains robust. For the March quarter of FY26, the telecom giant reported a 13% year-on-year increase in operating revenue to Rs 44,928 crore, while net profit rose 13% to Rs 7,935 crore. EBITDA grew 18%, aided by a 230 basis-point…

The Economic Times

India's IT sector facing a growth crisis; Daljeet Kohli says he's already walked away

India's IT sector faces uncertainty as global slowdown and AI fears spook investors. Market expert Daljeet Kohli advises caution, citing a lack of growth and difficulty in identifying future winners. Meanwhile, Reliance Jio's IPO is seen as a strategic move to unlock value and offer a focused bet on India's…

The Economic Times

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53 crore users, satellites in space, sovereign AI: Kshitiz Mahajan on why Jio IPO could rewrite India's tech playbook

Jio Platforms is gearing up for a significant IPO, aiming to redefine itself beyond mobile services. The company's ambitious vision includes developing sovereign AI, satellite broadband, and a robust fibre network, positioning it as a cornerstone of India's digital future. This strategic pivot away from foreign tech stacks, coupled with…

The Economic Times

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

Jio revs up IPO engine; Accenture shock sinks IT

Jio Platforms has kicked off its IPO process with the filing of its draft papers with Sebi. This and more in today's ETtech Top 5.

The Economic Times

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Ambani says Reliance succession plan near completion as children take over day-to-day operations

Mukesh Ambani announced the near-complete transfer of daily management at Reliance Industries to his children, Akash, Isha, and Anant. They are now leading key sectors like telecom, retail, and new energy, signaling the final stages of a significant succession plan. Ambani expressed confidence in their ability to steer the conglomerate…

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

How Mukesh Ambani plans to spend Jio's mega Rs 27,500 crore IPO proceeds

Reliance Jio’s upcoming IPO aims to raise approximately $3 billion. The company intends to allocate Rs 27,500 crore to prepay debt, strengthening its balance sheet for future investments in 6G, artificial intelligence, broadband, and digital services expansion.

The Economic Times

RIL AGM: Jio listing soon, but anybody's guess on Reliance Retail IPO. Here's what Mukesh Ambani said

Reliance Industries Chairman Mukesh Ambani steered clear of any timeline for the much-anticipated Reliance Retail IPO at the recent annual general meeting. Instead, he emphasized the retail giant's impressive scale, profitability, and ambitious growth plans. While investors hoped for listing updates, Ambani highlighted the business's strong operating performance and its…

The Economic Times

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

Reliance Jio IPO: DRHP filed with Sebi to raise around $3 billion

Reliance Jio has filed its draft red herring prospectus with Sebi for an IPO, planning to issue 27 crore shares. The company intends to use all IPO proceeds to repay debt, with remaining funds allocated for general corporate purposes. Mukesh Ambani stated the listing will unlock significant investor value.

The Economic Times

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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

Jio IPO explained: What a fresh issue and no OFS in India's biggest public offer means for investors

Reliance Industries' move to structure the proposed Jio Platforms IPO as a fresh issue of up to 27 crore shares, rather than a largely offer-for-sale (OFS), could make the issue more attractive to investors. Unlike many recent mega IPOs that mainly allowed existing shareholders to cash out, a fresh issue…

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.

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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

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…

The Economic Times

Jio IPO: Company to file DRHP today, plans fresh issue of up to 27 crore shares

Jio IPO News: Reliance Chairman Mukesh Ambani announced that Jio's draft IPO papers will be filed with Sebi later today, marking a major milestone in the telecom giant's listing journey. Structured as a fresh issue of up to 27 crore shares, the IPO could become India's largest ever.

The Economic Times

Reliance AGM 2026 Key Highlights: From Jio IPO, AI ventures to retail bets, check key announcements by Mukesh Ambani

RIL AGM 2026 Key Highlights: Reliance Industries Chairman Mukesh Ambani unveiled major plans at the company's annual general meeting. Key announcements included the upcoming Jio IPO, significant investments in artificial intelligence, and expansion in new energy and retail sectors. The company highlighted its strong financial performance and commitment to India's…

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