'You have to hand it to Mukesh for sheer daring.' 'Who else in India would have sunk a stupendous $30 billion in a business that was yet to get a single customer?' 'With that, the older of the Ambani siblings has shown that he is in a class of his own,' says T N Ninan.
Only 2.5 per cent of the equity in Jio Platforms will be offloaded through the OFS route -- meant for secondary share sale.
Jio Financial Services and Munich-based Allianz Group have signed a binding agreement to establish a 50:50 joint venture for general and health insurance in India, building on an earlier reinsurance partnership.
JioStar has terminated its broadcast deals in Bangladesh for IPL 2026, saying its local partner defaulted on payments.
'We are staying away from making forward-looking statements on when we will reach 1 trillion, etc. But growth will be rapid; it's only a matter of time.'
Reliance Industries is expected to report largely flat performance for its fourth quarter (January-March, Q4) of FY26, with weakness in the oil-to-chemicals (O2C) business and muted retail growth likely to offset steady gains in the telecommunications segment.
Reliance Jio, India's biggest telecom operator, is planning to launch an initial public offering (IPO) and listing on bourses in the first half of 2026, billionaire Mukesh Ambani said on Friday. Jio is currently a unit of Reliance Industries Ltd, India's most valuable company.
Delhi Capitals and Chennai Super Kings, both with eight points from nine games, face off in a crucial IPL match in Delhi. Both teams need a win to stay in contention for the playoffs.
Former India leg-spinner Piyush Chawla identifies Rishabh Pant's dismissal as the turning point in the IPL 2026 match between Lucknow Super Giants and Delhi Capitals.
Chennai Super Kings will aim to boost their playoff chances as they take on Lucknow Super Giants in a crucial Indian Premier League match. CSK's campaign has been inconsistent, while LSG are struggling at the bottom of the table.
Sunil Gavaskar has expressed concerns about Mumbai Indians' inconsistent performance in IPL 2026, stating they must win all remaining matches to secure a playoff spot after a heavy defeat to Chennai Super Kings.
Mukesh Ambani announced a 10 lakh crore investment by Reliance Industries to revolutionize artificial intelligence in India, focusing on building sovereign compute infrastructure and making AI accessible and affordable for all.
Delhi Capitals face Kolkata Knight Riders in a crucial IPL match, needing a win to keep their playoff hopes alive.
Chennai Super Kings and Mumbai Indians, both struggling in the IPL 2026 season, face a crucial match in Chennai to keep their playoff hopes alive.
Delhi Capitals face Rajasthan Royals in a crucial IPL match, seeking to overcome inconsistent batting and bowling performances. Mitchell Starc's return provides a boost, but the team needs a collective effort to counter Rajasthan's strong batting line-up.
Sunrisers Hyderabad will look to capitalise on their home advantage when they face Delhi Capitals in a crucial mid-table Indian Premier League clash. Both teams are level on points, making this a key match for their IPL campaign.
Royal Challengers Bengaluru look the most complete side in IPL 2026 as they face an inconsistent Delhi Capitals unit still searching for form.
Chennai Super Kings, on a resurgent run, will aim to strengthen their position in the top half of the IPL standings as they face Gujarat Titans, who are looking to reverse their recent slump in form.
Delhi Capitals, reeling from a recent defeat, face Royal Challengers Bengaluru in a crucial IPL match. The game is a test of temperament for Delhi and a chance for Bengaluru to assert their authority.
Delhi Capitals will be looking to maintain their winning momentum against a struggling Gujarat Titans side in their upcoming IPL match.
Delhi Capitals face a tough challenge against the dominant Punjab Kings in their upcoming IPL match. Delhi's inconsistent batting and fielding woes need immediate addressing to counter Punjab's strong batting lineup and cohesive bowling attack.
Struggling former champions Mumbai Indians and Chennai Super Kings will be eyeing consistency as they await the return of their former captains Rohit Sharma and Mahendra Singh Dhoni.
ICICI Securities expects Jio Platforms' ensuing IPO to fetch "premium valuations", as was the case in the high-profile equity raise of FY21, and has pegged the company's equity value at $148 billion by September 2027.
Sunrisers Hyderabad, buoyed by the emergence of young pace bowlers Praful Hinge and Sakib Husain, are confident heading into their IPL match against Chennai Super Kings. The uncapped duo made an immediate impact in the previous match, giving SRH a new edge.
Delhi Capitals face Mumbai Indians in their first home game of IPL 2026, focusing on top-order stability against Mumbai's strong batting lineup.
Kevin Pietersen has expressed reservations about Rishabh Pant's desire to bat in the top order for Lucknow Super Giants, suggesting it may add unnecessary pressure. Pietersen also praised Sameer Rizvi's match-winning performance for Delhi Capitals.
Jio Platforms Limited is likely to have a valuation of $148 billion by the time it goes public on the back of strong free cash flow and potential deleveraging, ICICI Securities said.
Reliance holds 67.03% of Jio Platforms Limited and the public listing would provide an exit to many investors.
Reliance Industries (RIL) annual general meeting (AGM) had several stunning announcements. RIL looks to list Jio Platforms (JPL) by June 2026. It targets doubling of FY22 earnings before interest, taxes, depreciation and amortisation (Ebitda) (Rs 1.25 trillion; $14.6 billion) by FY27 implying 14.7 per cent compound annual growth rate (CAGR) over the FY22 levels.
Breakthroughs in Artificial Intelligence and allied deep technologies are boosting productivity, efficiency and human potential to unimaginable levels, Reliance Industries chairman Mukesh Ambani said on Friday describing the "miraculous power" of AI as new 'kamdhenu', the divine wish-fulfilling cow.
All three Bharti group companies outperformed in CY25 but the biggest gain came from Bharti Airtel, the flagship.
Reliance Jio said certain tariff plans will continue to give subscribers free streaming access to IPL 2025.
Billionaire industrialist Mukesh Ambani described his 2016 return to the telecom industry with Reliance Jio as the "biggest risk" of his life, saying that even if analysts' predictions of financial failure had come true, it would still have been worth it for the role it played in transforming India digitally.
Reliance Industries (RIL), India's largest conglomerate, is set to pivot into a deeptech and advanced manufacturing enterprise, chairman and managing director (CMD) Mukesh Ambani said. "In artificial intelligence, our purpose is clear: to address complex societal challenges and create wealth for the nation and its people.
Former Chennai Super Kings batter Suresh Raina believes the five-time IPL champions should look at buying the in-form Sarfaraz Khan at the auction on Tuesday.
JioFiber, India's first 100 per cent all-fiber broadband service, will start from 100 Mbps and go all the way up to 1 Gbps. This will propel India to top 5 broadband nations globally.
The Reliance-Disney joint venture's new, rebranded streaming app JioHotstar will offer subscription plans starting at Rs 149.
Reliance Industries Ltd (RIL) on Friday reported a 9.6 per cent year-on-year rise in net profit for the September quarter, driven by strong performance in its consumer-facing retail and telecom businesses and a recovery in its core oil-to-chemicals segment.
India's versatile media and entertainment industry can grow more than three-fold to $100 billion in the next decade, creating millions of jobs and a ripple effect across sectors, billionaire Mukesh Ambani said on Thursday.
Adani Group said on Friday it will invest around Rs 1 trillion in various sectors of Andhra Pradesh over the next ten years, deepening its commitment in the state where it will partner with Google for an artificial intelligence (AI) hub in Visakhapatnam.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances