Jio Platforms, Reliance’s digital and telecom arm, opened India’s largest-ever IPO on October 21 at a Rs 1,065-1,119 price band, implying a ₹10.3 lakh crore valuation. The fully fresh issue raises ₹30,213 crore, with listing on NSE and BSE set for October 28.
Read Full ArticleMusk questioned why Starlink has “no license” in India despite 165-country compliance. Records show India already licensed Starlink and favoured it over Jio on spectrum policy, while Starlink itself remains unlicensed in South Africa and BYD is barred from the US market.
SC warns petitioner against filing repeated pleas challenging Z+ security cover to Mukesh Ambani, says he has no locus and may face exemplary costs.
Disney is expected to maintain a minority interest in the Indian company following the cash and stock exchange. Read the whole report to know about the deal.
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