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05.10.26 - 12:24
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Jio plans to launch IPO on October 21: Listing, face value and key details (Times of India)
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Mukesh Ambani's Jio Platforms is preparing for a significant IPO to raise approximately $3.8 billion. The IPO is expected to open on October 21 and shares will debut on October 28. This IPO aims to reduce debt and will involve a fresh issue of equity shares. Jio Platforms seeks a valuation between $143 billion and $146 billion through this offering. Reliance Industries, owning about 66....
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29.08.26 - 01:36
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′Unfounded′: RIL rejects allegations by Subhash Chandra (Times of India)
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Reliance Industries has denied allegations made by Essel Group chairman Subhash Chandra. Chandra claimed Ambani's media group conducted a witch hunt against him. He also alleged associates manipulated Zee's share price and used shell entities. Chandra further stated Ambani sought to acquire Zee in collusion with an investor. Lenders are now challenging a tribunal-approved settlement in Chandra's insolvency case....
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29.08.26 - 01:36
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Jio Platforms gets Sebi nod for 37.7k cr IPO, set to be India′s biggest (Times of India)
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Jio Platforms received Sebi clearance for its initial public offering. The company aims to raise up to four billion dollars in this debut. This offering is expected to become India's largest stock market listing. Jio plans a pure primary issue, with proceeds retiring debt. Reliance Industries holds a majority stake in Jio Platforms....
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29.08.26 - 01:18
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′Unfounded′: RIL rejects allegations by Subhash Chandra (Times of India)
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Reliance Industries has denied allegations made by Essel Group chairman Subhash Chandra. Chandra claimed Ambani's media group conducted a witch hunt against him. He also alleged associates manipulated Zee's share price and used shell entities. Chandra further stated Ambani sought to acquire Zee in collusion with an investor. Lenders are now challenging a tribunal-approved settlement in Chandra's insolvency case....
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23.08.26 - 12:42
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Market recap: Rs 87,960 crore wiped off four top-10 firms; Airtel bears biggest loss (Times of India)
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Dalal Street faced a setback last week, closing lower with four prominent companies witnessing significant depreciation in market value. Notably, Bharti Airtel and TCS experienced the steepest declines, which affected overall market confidence. The benchmark indices, Sensex and Nifty, reflected this trend by finishing lower. In contrast, LIC and Reliance Industries achieved gains in their market cap amid the challenging context of global economic uncertainties and increasing crude oil prices....
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09.08.26 - 11:54
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Market recap: Four of top 10 firms add Rs 1.43 lakh crore; SBI bags biggest gains (Times of India)
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Dalal Street wrapped up last week on a high note, showcasing impressive gains among leading firms. State Bank of India saw a remarkable surge in its market value, joining industry giants Reliance Industries and TCS, which also experienced robust growth. Conversely, several other major companies faced decreases in their market valuations. Despite some volatility, overall market indices noted steady gains as the week closed....
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17.07.26 - 23:48
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RIL Q1 profit plunges 25% to 23,000 crore, revenue up 25% (Times of India)
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Reliance Industries saw a 25% profit decline, yet revenue grew significantly. Strong performances from oil-to-chemicals and Jio digital services boosted overall results. Jio's earnings climbed, supported by subscriber growth and increased average revenue per user. Retail and oil and gas divisions showed stable or slightly varied ebitda figures. The company maintains a healthy cash balance to cover its net debt obligations....
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