Reliance Industries Ltd. is taking “deliberate steps” to strengthen Jio Platforms Ltd.’s governance as it readies for a planned listing of the digital unit that is is expected to fetch as much as $4 billion.
Reliance Industries Ltd. is taking “deliberate steps” to strengthen Jio Platforms Ltd.’s governance as it readies for a planned listing of the digital unit that is is expected to fetch as much as $4 billion.
Mukesh Ambani, chairman of Reliance Industries Ltd., at the AI Impact Summit in New Delhi, India.
Reliance Industries Ltd.’s plan to sell shares in digital arm Jio Platforms Ltd. — potentially India’s biggest-ever initial public offering — is running into a thicket of challenges exacerbated by the war in Iran.
Reliance Industries Ltd.’s plan to sell shares in digital arm Jio Platforms Ltd. — potentially India’s biggest-ever initial public offering — is running into a thicket of challenges exacerbated by the war in Iran.
Reliance Industries Ltd. is gearing up to offer only new shares in the initial public offering of Jio Platforms Ltd., without selldowns by existing holders, according to people familiar with the matter, reducing the risk of more international capital leaving India.
Reliance Industries Ltd. is gearing up to offer only new shares in the initial public offering of Jio Platforms Ltd., without selldowns by existing holders, according to people familiar with the matter, reducing the risk of more international capital leaving India.
Reliance Industries Ltd. is revising its plans for the initial public offering of Jio Platforms Ltd., potentially India’s largest ever, to issue new shares instead of an offering by existing investors, the Economic Times reported, citing unidentified people familiar with the talks.
Reliance Industries Ltd. is revising its plans for the initial public offering of Jio Platforms Ltd., potentially India’s largest ever, to issue new shares instead of an offering by existing investors, the Economic Times reported, citing unidentified people familiar with the talks.
An employee wears a branded uniform outside a Reliance Jio Infocomm Ltd. store, a subsidiary of Jio Platform Ltd., in New Delhi, India, on Thursday, Nov. 6, 2025. Investment bankers are proposing a valuation of as much as $170 billion for Jio Platform, 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.
Reliance Industries Ltd. is likely to file draft paperwork for the initial public offering of Jio Platforms Ltd. in May, incorporating earnings for the full fiscal year, according to people familiar with the matter.
Reliance Industries Ltd. is likely to file draft paperwork for the initial public offering of Jio Platforms Ltd. in May, incorporating earnings for the full fiscal year, according to people familiar with the matter.
Mobile SIM card packets for Jio Platforms Ltd, a unit of Reliance Industries Ltd, are pictured along a road in Srinagar, Jammu and Kashmir, on January 20, 2026. (Photo by Firdous Nazir/NurPhoto via Getty Images)
Reliance Industries Ltd. has capped fuel purchases across its retail outlets — limiting customers to about $11 worth of gasoline or diesel — as the Middle East crisis continues to choke off supplies despite a tentative ceasefire.
Reliance Industries Ltd. has capped fuel purchases across its retail outlets — limiting customers to about $11 worth of gasoline or diesel — as the Middle East crisis continues to choke off supplies despite a tentative ceasefire.
Reliance Industries Ltd. has set investment banking advisory fees for the planned initial public offering of its telecom unit at about 0.65% of the issue size, according to people familiar with the matter, largely in line with those to be paid by National Stock Exchange of India Ltd.
Reliance Industries Ltd. has set investment banking advisory fees for the planned initial public offering of its telecom unit at about 0.65% of the issue size, according to people familiar with the matter, largely in line with those to be paid by National Stock Exchange of India Ltd.
Reliance Industries Ltd. signed a $3 billion agreement with South Korea’s Samsung C&T Corp. for supplying green ammonia, as billionaire Mukesh Ambani pushes to build a renewable energy portfolio.
Reliance Industries Ltd. signed a $3 billion agreement with South Korea’s Samsung C&T Corp. for supplying green ammonia, as billionaire Mukesh Ambani pushes to build a renewable energy portfolio.
Reliance Industries Ltd. is working with half a dozen banks for the planned share sale of its telecom unit, Jio Platforms Ltd., with more advisers likely to be added soon, according to people familiar with the matter.
Reliance Industries Ltd. is working with half a dozen banks for the planned share sale of its telecom unit, Jio Platforms Ltd., with more advisers likely to be added soon, according to people familiar with the matter.
The Indian government on Friday announced changes to listing rules, clearing the way for billionaire Mukesh Ambani to go for an initial public offering of Jio Platforms Ltd., the digital arm of his conglomerate Reliance Industries Ltd.
The Indian government on Friday announced changes to listing rules, clearing the way for billionaire Mukesh Ambani to go for an initial public offering of Jio Platforms Ltd., the digital arm of his conglomerate Reliance Industries Ltd.
Mobile sim card packets for Jio Platforms Ltd., the mobile network of Reliance Industries Ltd., are displayed at a store in Mumbai, India, on Tuesday, July 14, 2020. Google is in advanced talks to buy a $4 billion stake in Jio, the digital arm of Indian billionaire Mukesh Ambani's conglomerate, people familiar with the matter said, seeking to join rival Facebook Inc. in chasing growth in a promising internet and e-commerce market.
The Indian government’s delays in formalizing changes to listing rules are threatening to force Asia’s richest person, Mukesh Ambani, to miss the targeted timeline for an initial public offering of shares in Jio Platforms Ltd., the digital arm of his flagship company Reliance Industries Ltd.
The Indian government’s delays in formalizing changes to listing rules are threatening to force Asia’s richest person, Mukesh Ambani, to miss the targeted timeline for an initial public offering of shares in Jio Platforms Ltd., the digital arm of his flagship company Reliance Industries Ltd.
Billionaire Mukesh Ambani’s conglomerate will plow as much as 10 trillion rupees ($110 billion) over seven years into artificial intelligence-related infrastructure, joining the global rush into technology’s fastest-growing arena.
Billionaire Mukesh Ambani’s conglomerate will plow as much as 10 trillion rupees ($110 billion) over seven years into artificial intelligence-related infrastructure, joining the global rush into technology’s fastest-growing arena.
Indian refiner Reliance Industries Ltd. has received a general license from the US government that will allow it to purchase Venezuelan oil directly, according to a person familiar with the matter.
Indian refiner Reliance Industries Ltd. has received a general license from the US government that will allow it to purchase Venezuelan oil directly, according to a person familiar with the matter.
The Reliance Industries Ltd. oil refinery in Jamnagar, Gujarat, India, on Saturday, July 31, 2021. The Indian city of Jamnagar is a money-making machine for Asia's richest man, Mukesh Ambani, processing crude oil into fuel, plastics and chemicals at the world's biggest oil refining complex that can produce 1.4 million barrels of petroleum a day.
Reliance Industries Ltd. has returned to Venezuelan crude after a pause that began in the middle of last year, as India seeks to diversify its supply and US intervention brings the South American country’s oil back to market.
Reliance Industries Ltd. has returned to Venezuelan crude after a pause that began in the middle of last year, as India seeks to diversify its supply and US intervention brings the South American country’s oil back to market.
Storage tanks at the Reliance Industries Ltd. oil refinery in Jamnagar, Gujarat, India.
The flagship firms of billionaires Mukesh Ambani and Gautam Adani saw their shares surge after India and the US announced a much-awaited trade pact, easing months of geopolitical tensions.
The flagship firms of billionaires Mukesh Ambani and Gautam Adani saw their shares surge after India and the US announced a much-awaited trade pact, easing months of geopolitical tensions.
Mukesh Ambani, chairman of Reliance Industries Ltd.
Reliance Industries Ltd. has placed orders for non-sanctioned Russian crude for delivery in February and March, according to a person familiar with the matter.
Reliance Industries Ltd. has placed orders for non-sanctioned Russian crude for delivery in February and March, according to a person familiar with the matter.
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