Billionaire Mukesh Ambani-controlled Jio Platforms Ltd. is weighing plans to build its own satellite constellation, as it seeks to cement control over the nation’s communications infrastructure while Elon Musk’s Starlink faces hurdles.
Billionaire Mukesh Ambani-controlled Jio Platforms Ltd. is weighing plans to build its own satellite constellation, as it seeks to cement control over the nation’s communications infrastructure while Elon Musk’s Starlink faces hurdles.
A Reliance Jio Infocomm Ltd. store, a subsidiary of Jio Platform Ltd., in New Delhi. Photographer: Anindito Mukherjee/Bloomberg
Jio Platforms Ltd., a crown jewel of billionaire Mukesh Ambani’s oil-to-retail conglomerate, filed draft listing documents on Friday, starting the process of unlocking shareholder value in one of India’s most-anticipated initial public offerings.
Jio Platforms Ltd., a crown jewel of billionaire Mukesh Ambani’s oil-to-retail conglomerate, filed draft listing documents on Friday, starting the process of unlocking shareholder value in one of India’s most-anticipated initial public offerings.
Signage for Jio Platforms Ltd., a subsidiary of Reliance Industries Ltd., displayed along a road in Mumbai, India, on Wednesday, June 17, 2026. The long-running saga over the listing of Reliance Industries Ltd.’s digital unit comes to the fore this week, as investors watch whether its billionaire chairman Mukesh Ambani can walk the talk from last year.
The long-running saga over the listing of Reliance Industries Ltd.’s digital unit comes to the fore this week, as investors watch whether its billionaire chairman Mukesh Ambani can walk the talk from last year.
The long-running saga over the listing of Reliance Industries Ltd.’s digital unit comes to the fore this week, as investors watch whether its billionaire chairman Mukesh Ambani can walk the talk from last year.
Mukesh Ambani, chairman of Reliance Industries Ltd.
Meta Platforms Inc. is partnering with Reliance Industries Ltd. to build its first AI data center in India, adding to a wave of investment in tech infrastructure globally.
Meta Platforms Inc. is partnering with Reliance Industries Ltd. to build its first AI data center in India, adding to a wave of investment in tech infrastructure globally.
Meta Platforms Inc. is partnering with Reliance Industries Ltd. to build its first AI data center in India, adding to a wave of investment in tech infrastructure globally.
Meta Platforms Inc. is partnering with Reliance Industries Ltd. to build its first AI data center in India, adding to a wave of investment in tech infrastructure globally.
Traders in Reliance Industries Ltd.’s treasury department are strategizing over where to park the company’s cash in case the Reserve Bank of India starts raising interest rates in the coming months.
Traders in Reliance Industries Ltd.’s treasury department are strategizing over where to park the company’s cash in case the Reserve Bank of India starts raising interest rates in the coming months.
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.