Dossier
Reliance Industries Ltd.
Coverage of Reliance Industries Ltd. in the Nexus archive.
- Ambani Says Reliance Evaluating ‘Strategic Pathways’ for Jio, No Word on IPO
Mukesh Ambani, chairman of Reliance Industries Ltd., stated that the company is evaluating strategic pathways for its subsidiary Jio but did not confirm any plans for an IPO. The comments were made during Ambani's appearance at the AI Impact Summit in New Delhi.
- Reliance to Offer All New Shares in Jio IPO in U-Turn, ET Says
Reliance Industries Ltd. is planning to offer all new shares in Jio IPO, with investment bankers proposing a valuation of up to $170 billion. This could lead to a record-breaking initial public offering for the company's wireless carrier, Jio Platform Ltd. The move is seen as a significant development in the Indian telecom industry.