Akash Ambani

Jio Platforms' shares surged as much as 23% on debut, pushing Reliance Group's market value past ₹30 trillion and overtaking Tata Group as India's most valuable conglomerate.

Jio Platforms' Managing Director Akash Ambani on Wednesday told employees that the company's stock market listing "is not our destination" but "a new beginning," and asserted that its next decade must be about empowering every Indian to realise their potential to the fullest in the age of Artificial Intelligence. The message came on the day Jio Platforms Limited (JPL) made its debut on the Indian stock exchanges. Shares of Jio Platforms, the Reliance Industries-backed digital services company, made a blockbuster debut on Wednesday, surging 21 per cent against the issue price of Rs 1,119 and becoming the second most valuable domestic firm by market capitalisation. In an email to employees, Akash Ambani said the company must now lead the next wave of technological transformation. "From ubiquitous connectivity to digital services, from cloud to artificial intelligence, we must once again lead the next wave of technological transformation - making the world's most advanced technologies

Ahead of Jio's IPO, Akash Ambani discusses the company's valuation, governance, telecom tariffs, AI ambitions, satellite broadband plans and opportunities for global expansion

Outlines mobility, home, international markets as growth levers backed by deep-tech stack

Industrialist Dhirubhai Ambani, the founder of the group, took Reliance Textile Industries, which later became RIL, public in 1977

Chairman of Reliance Jio Akash Ambani said that Jio Platforms aims to capture a large share of India's $1.4 trillion digital economy by FY31, as it expands AI services in 12 Indian languages

Akash Ambani said Jio aspires to deliver India's biggest IPO, while satellite broadband, affordable tariffs and wider connectivity will remain central to its growth strategy

Reliance Jio has completed 10 years of operations, with chairman Akash Ambani thanking employees for their role in building the telecom company and its digital services

After taking the lead in the telecom services segment on the ground, IPO-bound Jio is now looking to step up its game in connectivity from the skies with indigenous communications satellites, Jio Platforms managing director Akash Ambani said on Friday. At present, the satellite communications segment is dominated by foreign companies like Elon Musk-led Starlink and French service provider Eutelsat. "Jio connected India on the ground. Now, we must connect India from the skies. There are still remotest villages, island communities, and border outposts where the Jio network cannot reach. For them, satellite connectivity will be the bridge to the rest of India. Jio is evaluating the development of a sovereign Low Earth Orbit satellite constellation for India," Ambani said. While speaking at the 49th Annual General Meeting of Reliance Industries Limited, he said Jio is also partnering with a global constellation for leasing satellite capacity. "We are also partnering with the leading ..

Digital services company Jio Platforms has appointed Akash Ambani as managing director of the company ahead of its initial public offering, according to a regulatory filing. Jio Platforms is expected to file draft papers for its Initial Public Offering (IPO) by the end of May or in June. "Akash M Ambani...appointed as managing director of the company, for a period of 5 years with effect from April 9, 2026," the filing dated May 7 said. Ambani has been on the board of Jio Platforms' telecom arm Reliance Jio Infocomm (RJIL) since October 2014. In June 2022 , he was elevated to the position of Chairman of RJIL. During his tenure, Jio achieved the feat of crossing the 100 million subscriber mark in less than six months of its launch in 2016. The company posted profit of over Rs 30,000 crore and revenue of Rs 1.46 lakh crore for fiscal year 2026.

Reliance-Meta AI joint venture REIL names Parminder Singh as CEO to drive enterprise AI capabilities, backed by Meta's technology and Reliance's infrastructure and reach

Vantara, a 3,500-acre zoo in Gujarat run by the philanthropic arm of the Reliance conglomerate led by Mukesh Ambani and his family, had faced allegations from non-profit and wildlife groups

The full value chain of technologies on display at India Mobile Congress (IMC) underscore India's progress from semiconductors to fraud management solutions, and upcoming 6G, Reliance Jio Chairman Akash Ambani said on Wednesday, adding that the company is committed to innovating and ensuring India remains at the forefront of the digital revolution. Ambani said the India Mobile Congress 2025 marks a milestone in showcasing the nation's achievements. "Today we saw the whole value chain...from semiconductors, to fraud management, to 6G, and we look forward to innovating and keeping India at the forefront of the digital revolution," Ambani said on the sidelines of the mega event. Meanwhile, SP Kochhar, Director General of industry body COAI, said IMC inauguration marks a strong beginning for a program rooted in innovation and technological progress. "As the Prime Minister emphasised, India's technological future is in capable hands, with the nation rising strongly as a digital-first ..

The 68-year-old patriarch, whose processing of discounted Russian oil is at the heart of rapidly fraying US-India ties, needs all the support he can get

JioStar, the Reliance-Disney venture, races ahead with 600M users and 34% TV share

RIL AGM: Jio Chairman Akash Ambani added that the company has crossed 500 million customers, making it one of the largest telecom operators globally

Akash Ambani congratulated Rohit Sharma, celebrating the journey of a Borivali boy who rose to have a stand named after him at the iconic Wankhede Stadium

This move marks Anant Ambani's first executive role at Reliance Industries. He has been leading the group's new energy business since 2022

The company has announced a dividend of Rs 5.5 per equity share for FY25

No auction of satellite spectrum: Telecom minister