Reliance Industries

October 28, 2026 10:29 AM

Jio platforms lists at Rs 1,358, commands 21% premium over IPO price

Jio Platforms made a strong debut on the stock market on Wednesday, listing at Rs 1,358 per share, a premium of 21.35 per cent over its issue price of Rs 1,119, following an overwhelming response to its initial public offering (IPO). According to exchange data, the shares were trading at Rs 1,357.45, up Rs 238.45 or 21.31 per cent from the issue price. The stock touched an early high of Rs 1,374 per share. At the prevailing price, Jio Platforms' market capitalisation stood at around Rs 12.5 la...

October 28, 2026 8:59 AM

Jio to make trading debut after record $3.2 billion IPO

Reliance Industries Chairman Mukesh Ambani's telecom and digital services arm, Jio Platforms, is set to make its stock market debut in Mumbai on Wednesday after its $3.2 billion initial public offering (IPO) attracted bids worth $77 billion, making it India's most-subscribed offering, according to the supplied report. Valued at up to $108.3 billion, Jio Platforms serves more than 530 million customers and could become one of India's largest companies by market capitalisation following its listi...

June 19, 2026 5:18 PM

India must become a global leader in AI, not just a consumer: Mukesh Ambani

Reliance Industries Chairman and Managing Director Mukesh Ambani on Friday said artificial intelligence and energy self-sufficiency must become national missions, describing them as critical to India's journey towards becoming a developed nation. Addressing shareholders at Reliance Industries' 49th Annual General Meeting, Ambani said India should move beyond being a consumer of emerging technologies and emerge as a creator and global leader in AI. "I firmly believe that India should not be a m...

December 2, 2024 6:56 PM

Govt withdraws windfall tax on ATF, crude, petrol, and diesel, easing burden on oil companies

The government on Monday announced the withdrawal of the windfall tax on Aviation Turbine Fuel (ATF), crude oil, petrol, and diesel through a notification introduced in the Lok Sabha. The decision comes as a major relief for oil companies like Reliance Industries and ONGC, which had been bearing the burden of the tax since its imposition in July 2022. The windfall tax was initially introduced to capture a portion of the excess revenue earned by oil companies due to soaring global crude prices a...

September 16, 2024 3:33 PM

Nifty, Sensex upward trend continues, markets open with positive cues amid domestic inflows

Indian stock markets opened on a positive note in the final trading session of August, driven by a global rally in stocks following strong GDP numbers from the U.S. economy. The Nifty 50 gained 0.39% to open at 25,249.70, while the BSE Sensex rose 0.61% to 82,637.03 points. "Indian markets are expected to record a two decades high successive positive days run rate today. GDP is expected to come a little soft this evening. A lower than expected GDP number could lead to markets seeking a rate ...

September 16, 2024 6:36 PM

Reliance’s Jio Platforms clears hurdle in bid to launch satellite internet in India

A joint venture between Reliance Industries' Jio Platforms and Luxembourg-based SES to provide gigabit fibre internet has won approval from the Indian space regulator to operate satellites there, a government executive said. The three approvals issued to Orbit Connect India - which aims to provide satellite-based high-speed internet access - come as companies from Amazon to Elon Musk's Starlink have been vying for the go-ahead to launch satellite communication services in the world's most popul...