Mukesh Ambani

Jio’s market debut would mark Reliance’s first public listing of a major business unit since Reliance Petroleum debuted in 2006.

Telcos, Media & Tech

Ambani’s Jio Platforms files for long-awaited India IPO

The IPO could raise more than US$4 billion

Local institutions and retail savers in India may have the stomach for Jio’s US$4 billion float.

Columns

SpaceX’s IPO success may rub off on Ambani’s listing of Jio Platforms

A string of mega-initial public offerings in the US shows there is no lack of demand for tech listings

The offer-for-sale route is increasingly becoming a lucrative exit route for global investors and how large IPOs are executed in India.

Banking & Finance

Ambani's Reliance Jio hires 17 banks for IPO, will raise no new funds

It will also allow exits for some shareholders

For BlackRock, the tie-up marks a return to money management in the world’s fastest-growing major economy after its exit in 2018.

Banking & Finance

Jio BlackRock sees India mutual fund industry tripling by 2032

Mukesh Ambani is seeking to reshape India’s financial services industry by leveraging his vast telecom and retail empire

Nearly 80 per cent of Jio Platforms’ latest annual revenue of US$17.6 billion came from its telecoms business – Reliance Jio Infocomm, India’s biggest player.

Telcos, Media & Tech

Ambani's Reliance Jio delays India IPO beyond this year

Jio wants to achieve higher revenue and a bigger subscriber base for its telecoms business

Mukesh Ambani runs India’s biggest telecommunications and retail networks, but it’s only now that his family has started climbing up on the list of global celebrities.

Global Enterprise

Asia’s richest tycoon is Making America Great Again

Now that Trump has fallen out with Elon Musk, the White House may have room for a new centibillionaire guest

Reliance Industries’s Jio-bp venture will set up petrol and diesel dispensers at compressed natural gas retail outlets of Adani Total Gas.

Energy & Commodities

Ambani and Adani team up to use each other’s fuel pumps

[NEW DELHI] Billionaires Mukesh Ambani and Gautam Adani have partnered to sell transportation fuels using their respective groups’ retail stations across India, bolstering their distribution network a...

Courts across the world are hearing claims by authors, news outlets and musicians who accuse technology firms of using their copyright work to train AI service.

Startups

OpenAI to face Indian digital news firms of Ambani, Adani in copyright battle

DIGITAL news units of Indian billionaires Gautam Adani and Mukesh Ambani, and other outlets such as the Indian Express and the Hindustan Times, have mounted a legal challenge against OpenAI’s improper...

BlackRock is one of the lenders chasing growth in markets such as India.

Banking & Finance

BlackRock in talks with Ambani for India private-credit venture

India has been a bright spot for private credit in Asia, with such investments hitting a record US$6 billion in H1 2024

Elon Musk’s Starlink argues administrative allotment of licences is in line with a global trend, while India’s Reliance, led by billionaire Mukesh Ambani, says an auction is needed for a level playing field.

Technology

Musk takes on Indian billionaires over satellite spectrum allocation

Elon Musk said any move by New Delhi to auction it, rather than allocate it, would be “unprecedented”

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