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Mukesh Ambani Seeks to Take Reliance Jio Public by June 2026
- Reliance Jio, India's largest telecom operator with over 500 million customers, announced plans to file for an IPO in the first half of 2026.
- This announcement follows regulatory easing of listing rules for mega deals on August 21, facilitating large-scale public offerings like Jio's upcoming IPO.
- Since its debut in 2016, Jio has revolutionized India's digital sector by providing no-cost voice calling, budget-friendly rapid internet access, and executing the globe’s swiftest 5G deployment.
- Mukesh Ambani stated, "Our motto is AI everywhere for everyone," outlining Jio's future roadmap including AI, smart homes, enterprise digitisation, and connecting 100 million households with broadband.
- The IPO aims to unlock global investor value, marking a major milestone that reflects Jio's key role in India's digital revolution and its sustained growth potential.
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Reliance AGM 2025: Mukesh Ambani announces 'Reliance Intelligence' for AI, partnerships with Google and Meta
Reliance Chairman Mukesh Ambani has announced the formation of a new wholly-owned subsidiary called Reliance Intelligence. Addressing the 48th Annual General Meeting of Reliance Industries Limited (RIL), Ambani stated that the new subsidiary will focus on four key missions. Mukesh Ambani also announced a partnership with both Google and Meta for advancing AI technologies. Furthermore, he noted that the company is investing to make India a leader…
·India
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Mukesh Ambani Seeks to Take Reliance Jio Public by June 2026
Billionaire Mukesh Ambani is aiming to take India’s largest wireless carrier public by the first-half of 2026, as Reliance Industries Ltd. looks to unlock shareholder value and provide an exit route for investors.
·United States
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Coverage Details
Total News Sources33
Leaning Left3Leaning Right7Center4Last UpdatedBias Distribution50% Right
Bias Distribution
- 50% of the sources lean Right
50% Right
L 21%
C 29%
R 50%
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