Reliance Jio

Indian telecom operators face the challenge of raising average revenue per user (Arpu) while retaining subscribers, as pressure to increase tariffs runs up against affordability and competition.

Bharti Airtel on Friday reclaimed the title of the country's second most valuable company by market valuation, overtaking Jio Platforms. At market close, Bharti Airtel shares ended 1.66 per cent higher at Rs 2,096.25 on the BSE. During the day, the stock climbed 2.81 per cent to Rs 2,120. However, the stock of Jio Platforms dipped 0.90 per cent to end at Rs 1,405.75. Intraday, it declined 2 per cent to Rs 1,390. The market valuation of Bharti Airtel stood at Rs 13 lakh crore, while that of Jio Platforms was Rs 12.94 lakh crore. Jio Platforms Ltd, the Reliance Industries-backed digital services company, on October 28 became the second most valuable Indian company by market valuation following an impressive debut on the Dalal Street. Reliance Industries continues to remain the most valued domestic firm, with a market valuation of Rs 17,83,723.93 crore. The top five order in the market capitalisation (mcap) ranking are -- Reliance Industries with a valuation of Rs 17,83,723.93 crore

Jio also held discussions ​with South Africa's MTN Group, but the talks broke down because the two sides were unable to agree ​on valuation and certain licensing issues

An analysis of RIL's 26-year share price data by SAMCO Securities shows that the stock has recorded an average gain of 55.3% in the next 1-year after rallying over 5% in a single trading session.

Shares of NTPC, NTPC Green Energy, Muthoot Finance, Bank of Baroda, PB Fintech and CDSL will remain in focus after the companies reported their September quarter (Q2FY27) results.

Mainboard IPO fundraising rises 12.9% month-on-month, with Jio Platforms accounting for nearly 68% of the total, while SME fundraising drops 70% to ₹643 crore

JPL IPO broke records across all investor categories; a milestone for the next growth phase: MD Akash Ambani

The heavy ​borrowing in Jio ​comes weeks after a wave of retail margin-call liquidations cut India's overall cash ​market margin trading book to ₹1.51 trn as of Oct 28 from record ₹1.59 trn on Sep 30

Becomes 2nd-most valued firm after 26.7% listing-day gains

Asia's richest man, Mukesh Ambani, is known for throwing lavish weddings for his children. On Wednesday, he brought that trademark scale of celebration to a corporate milestone, hosting a mega party for thousands of employees at Reliance Corporate Park to mark the blockbuster stock market debut of Jio Platforms Ltd. The celebrations extended beyond the party: October salaries have been paid early on October 15, and 75 per cent of employees' annual cash bonus or performance-linked incentive for the 2026-27 fiscal year was disbursed on Wednesday, months ahead of the usual post-financial-year payout. Thousands of employees and their families gathered at Reliance Corporate Park in the afternoon to celebrate the listing of the digital and telecommunications business, which raised a record Rs 30,213 crore in its initial public offering and thereafter saw a bumper listing on Wednesday. Dozens of food stalls serving street food, dance performances and jam sessions blending devotional music

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

The National Stock Exchange, Hyundai Motor India, LIC, Paytm and Tata Capital are among the country's biggest IPOs before Jio

Jio Platforms made a strong market debut as Akash Ambani outlined plans to expand into AI, cloud computing and space-based connectivity over the next decade

Mukesh Ambani's telecom giant raised $3.1 bn in an IPO subscribed more than 22 times, with grey-market indications pointing to a premium ahead of its listing amid volatile Indian and global markets

India's largest telecom operator Reliance Jio added 27.13 lakh mobile subscribers in September 2026, ahead of Bharti Airtel's 26.92 lakh wireless additions, data released by telecom regulator TRAI on Tuesday showed. The mobile subscriber additions for Vodafone Idea stood at 5.50 lakh in September. With the latest additions, Jio's wireless mobile subscriber tally increased to 51.11 crore at September-end, compared with Airtel's 49.43 crore, and Vodafone Idea's over 20 crore count. State-owned Bharat Sanchar Nigam Ltd (BSNL) added 6.26 lakh mobile subscribers during the month, taking its user base to 9.43 crore, according to the Telecom Regulatory Authority of India (TRAI) data. Overall, India's wireless mobile subscriber base increased by 65.74 lakh to almost 130 crore at the end of September, from 129.34 crore in August, registering a monthly growth rate of 0.51 per cent. Jio maintained its lead in the mobile subscriber market with a 39.32 per cent share, followed by Airtel at 38.

Strong investor demand and a resilient grey market premium fuel expectations of a blockbuster listing for Mukesh Ambani's digital giant

Sly innuendos aside, the recent social media exchanges involving Starlink make a case for harnessing satellites to roll out connectivity more evenly across India

QIBs bid 70.6 times the quota reserved for them; retail segment bought 2.7x

QIBs lead at 9.42x their quota, while retail investors subscribe to just 0.73x

Jio Platforms is set to raise up to $3.2 billion at a valuation of $108.3 billion in what will be ​India's biggest ever IPO