Jio Network

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.

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The u-turn was triggered by some Jio shareholders pushing for a higher price band, while the conglomerate favors a more conservative valuation to avoid listing-day losses for retail investors

Reliance Industries' planned listing of its digital arm Jio Platforms could be delayed to the second half of fiscal 2027 due to geopolitical tensions in the Middle East, CreditSights said on Wednesday. In its commentary on FY26 earnings of India's most valuable company, CreditSights said the management in the earnings call shared that "the Jio IPO was imminent." Earlier market rumors reported that the IPO could come as early as May, with Reliance looking to shed 2.5-3 per cent stake from its existing 67 per cent stake in Jio for close to USD 4 billion (Rs 37,500 crore). "We believe the Mideast conflict may delay Jio's IPO towards the second half of the year," CreditSights, part of the Fitch Group, said. "A Jio IPO will raise cash for debt repayment and capex, and improve Jio's competitiveness against rivals Bharti and Vodafone Idea." Reliance reported 2025-26 (FY26) revenue and EBITDA growth of 10 per cent and 8 per cent year-on-year, respectively, with retail and telecom continuin

The telecom regulator has asked the Reliance group firm to make all tariff plans uniformly available across platforms to ensure transparency and consumer choice

For fans using the Jio SIM network, the company has some good news, as it is offering recharge plans with a free JioHotstar subscription. Check how to watch IPL 2026 live streaming for free here

Though Bangladesh is reviewing the ban and had said any further steps will depend on opinion of its sports ministry, termination by JioStar means there will be no local broadcaster for the IPL season

Former JioStar executive to drive regional growth as OpenAI expands global footprint and deepens presence across key Asia-Pacific markets

Jio and Airtel scale up for 100 million homes, with Vi and Starlink joining the race

Reliance chairman Mukesh Ambani says Jio and Reliance will invest ₹10 trillion over seven years to lower the cost of intelligence and build India's sovereign compute capacity

Fifteen global firms launch cross-border tech alliance at Munich Security Conference to back transparency, security and data protection across digital stack

JioStar has appointed former Welspun Group CFO G R Arun Kumar as its chief financial officer. He will lead finance and commercial functions, the company said in an internal email

India's active subscriber base rose sharply by 5.7 million in October, strongest show in five months, with Jio leading the pack with gains at 3.9 million, according to various analyst reports that crunched TRAI recent data. In its report, Jefferies said strong subscriber momentum for calender 2025 (year till date) and rising data penetration bode well for average revenue per user or ARPUs. "During October, sector's active subscriber base rose by 5.7 million to 1,094 million - highest monthly addition in last 5 months. Active subscriber base grew by about 34 million during CYTD'25 - the highest in eight years," it said. Jio's active subscriber gains were at 3.9 million (to 476 million) in October, with Bharti Airtel at nearly 2.8 million (the nine-month high pushing the count to 392 million), while Vodafone Idea lost 0.4 million. Jio added more active subscribers than Bharti Airtel for the eighth straight month, Jefferies said. In its note, ICICI Securities said Jio's active subscr

However, India's largest media conglomerate's revenue from operations dropped 35.6 per cent sequentially to Rs 6,179 crore

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 ..

At the bourses, meanwhile, the stock has been an outperformer, rallying nearly 16.5 per cent thus far in calendar year 2025 (CY25) as compared to 0.7 per cent gain in the BSE Oil & Gas index

Jio's increase in entry-level data tariffs could push its FY26 revenue up by 4-5%. This move is expected to trigger similar tariff hikes by Airtel and Vodafone Idea, benefitting the entire sector.

Rules for the allocation of spectrum for satellite communications services are likely to be in place within two months, a government official said on Monday. The spectrum allocation rules are the last lap that will enable Elon Musk-led Starlink, Bharti Group-backed Eutelsat Oneweb and Jio SES to apply for the radiowaves and start rolling out their services. "Spectrum allocation rules are likely to be fixed in two months. After that, it will be at the discretion of satcom services when they want to roll out their services," the official said. The Telecom Regulatory Authority of India (Trai) has recommended that the government should allocate spectrum without auction and through an administrative process-- a move that has seen huge resistance from telecom operators Reliance Jio and Bharti Airtel initially. The regulator has suggested that spectrum for satcom services can be for a period of up to five years and considering the market conditions, the government may extend it for a furt

Jio Platforms reports a 24.9% increase in net profit for Q1 FY25-26, reaching Rs 7,110 crore. ARPU and 5G user base grow significantly, underscoring the company's strong performance

Jio BlackRock Broking Pvt Ltd, a wholly owned subsidiary of Jio BlackRock Investment Advisers Pvt Ltd, has received regulatory approval from the Securities and Exchange Board of India (Sebi) to commence operations as a brokerage firm. JioBlackRock Broking aims to bring affordable, transparent, and technology-driven execution capabilities for investors, the company said in a statement. The broking entity's parent company, JioBlackRock Investment Advisers, is a 50:50 joint venture between Jio Financial Services Ltd (JFSL) and BlackRock Inc of the US. Along with the recent regulatory approvals received by Jio BlackRock Asset Management Pvt Ltd and Jio BlackRock Investment Advisers to commence operations, the receipt of the broking license enables the Jio BlackRock joint venture to offer holistic investment solutions. "With JioBlackRock Investment Advisers, we will be able to offer personalised advice to retail investors. Now with brokerage, we will also bring an execution platform for