Reliance Jio Plans IPO by Mid-2026

Reported about 15 hours ago

Billionaire Mukesh Ambani announced that Reliance Jio, India's leading telecom and digital service provider, aims to launch its IPO by mid-2026, following delays since 2019. Valued at over $100 billion, Jio will also establish an AI unit in collaboration with Google and Meta, as part of Reliance's strategy to diversify beyond petrochemicals and expand its retail and technology sectors.

Source: YAHOO

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