MUKESH AMBANI JIO IPO
Flipkart alumni seek Esop buyout; Local sourcing for ISM 2.0
Former Flipkart executives are seeking a full cash-out of vested Esops. This and more in today’s ETtech Top 5.
Sachin Waze planted explosives-laden SUV outside Ambani house to appear as super cop by solving case: NIA
The National Investigation Agency charged former police officer Sachin Waze with attempting to create a heroic narrative for himself as a super cop. Furthermore, he is accused of murdering his associate, Mansukh Hiran, out of fear that Hiran would expose the conspiracy.
Reliance Jio IPO clock ticking: Can you still buy RIL for shareholders quota amid October 21 launch buzz?
On October 21, Reliance Jio is preparing to launch its IPO, aiming to raise around $3.8 billion. Eligible shareholders of Reliance Industries will have the chance to participate through the shareholder quota, which is available for a limited period. This public offering represents a prime opportunity for investors keen on Jio Platforms.
Jio Platforms IPO: Rs 37,700 crore issue likely to open on Oct 21
Jio Platforms is preparing to launch what is anticipated to be India's largest initial public offering. Scheduled around Dussehra, the IPO is estimated at $4 billion and will likely occur later this month. The company aims to complete its IPO process, including listing, before October 30. Proceeds from the IPO will primarily be used for prepaying borrowings and general corporate purposes.
PepsiCo, Monster, Reliance Consumer Product win reprieve on 'energy drink' label ban in India
The regulator in June ordered makers of high-caffeine beverages sold as "energy drinks" to stop using the description, rejecting the industry's efforts to stall the move in a market expected to be worth $1.6 billion by 2028.
- Go To Page 1
Jio IPO SWOT analysis: What the DRHP says about its growth story, moats and risks
Jio Platforms is gearing up for a landmark public offering to secure Rs 37,700 crore in funds, with subscriptions expected to commence on October 21. With an impressive customer base exceeding 524 million, Jio dominates India's wireless data landscape. The company is well-positioned to capitalize on opportunities like the shift from 2G to 4G and expanding enterprise connectivity.
September demat account additions fall to 2.89 million amid market selloff
September saw a decline in demat account openings, falling to 2.89 million, which is an 11.5% reduction compared to the previous month. Nevertheless, over the September quarter, a record 9.04 million accounts were established. Despite experiencing its most significant monthly losses in five months, the stock market maintained investor interest, supported by robust IPO activity and a steady 135 million unique investors.
Reliance Industries shares gain 3% as JIO IPO inches closer; Jefferies increases weight in conglomerate
Reliance Industries is preparing for the IPO of Jio Platforms scheduled to launch on October 21. The valuation of Jio Platforms is reported at Rs 11 lakh crore, making it highly anticipated. The public issue is expected to attract significant attention as it opens for subscription. Jefferies has raised its weight on Reliance Industries due to attractive valuations amid improving conditions.
Ambani’s Jio said to seek about Rs 11 lakh crore valuation in IPO
Jio Platforms is reportedly seeking a valuation of around Rs 11 lakh crore for its planned IPO, below earlier estimates of up to $170 billion. The telecom and digital services arm of Reliance Industries could launch the issue in the week of October 19 and list before October 30, Bloomberg reported.
NSE shares wipe off Rs 41,000 crore after listing day pop as stock slips below IPO price. Why are analysts still bullish?
NSE shares have slipped below their IPO price after a brief listing-day rally, wiping out nearly Rs 41,000 crore from the exchange’s peak market value. Despite the decline, analysts remain bullish, citing NSE’s dominant market position, strong profitability, cash generation and India’s long-term capital-market growth potential.
Newly-listed Steamhouse India shares hit 10% circuit after Q1 net profit rises 80% to Rs 18 crore
Newly-listed Steamhouse India shares hit the 10% upper circuit after the company reported an 80.25% year-on-year rise in Q1 FY27 net profit to Rs 18 crore. Revenue from operations rose 13.35% to Rs 129 crore, while margins improved 700 basis points to 24.05% during the quarter.
JioGames brings Cricket 26 to India: Check Pro Pass plans, price, how to play and key features
Cricket 26, the official game celebrating the Ashes, is now available on JioGames via a subscription model. Jio users can take advantage of exclusive perks, like discounted Pro Pass plans starting at ₹298. This game not only provides a range of playing options but also enhances the experience with multiplayer modes, making it accessible across multiple devices. The aim is to broaden cricket gaming reach among Indian audiences.
September IPO rush draws $1 billion FPI money even as listed stocks see record outflows
In September, Foreign Portfolio Investors actively participated in the Indian primary market by investing $1 billion. Simultaneously, they offloaded $4.8 billion worth of equities from the secondary market. A total of 96 IPOs have launched in 2026, with 34 occurring in September alone. The expected future launch of the Jio Platforms IPO may influence upcoming primary market dynamics.
Jio Platforms IPO may open on October 21, issue estimated at $3.8 billion: Report
The IPO is expected to remain open until October 23, with the anchor book likely to open on October 19. The shares are targeted to list on the stock exchanges on October 28, although the timeline remains subject to market conditions and could change depending on developments in financial markets, the report added.
Reliance plans Rs 1 lakh crore investment in Andhra Pradesh, says Anant Ambani
Reliance Industries announced a substantial investment of Rs 1 lakh crore in Andhra Pradesh for biogas plants. This initiative aims to create over three lakh jobs and generate revenue of nearly Rs 60,000 crore. The company will also support the establishment of the Rayalaseema Horticulture Hub and Indian School of Agriculture. Advanced technologies will be integrated with traditional farming knowledge to enhance agricultural practices.
Jio Platforms IPO in final stages after concluding worldwide roadshows
Jio Platforms is on the verge of launching what is projected to be the largest public offering in India, targeting USD 3.8 billion. International roadshows spearheaded by Akash Ambani and Isha Ambani have garnered interest. Following approval from Sebi, Jio Platforms plans to release new equity shares, constituting about 2.9 percent of its base.
Gautam Adani overtakes Mukesh Ambani on Forbes India's 100 Richest list 2026: Check top 10 richest Indians and full list
In 2026, Gautam Adani reclaimed his position as India's richest person with a net worth of $112.7 billion. Mukesh Ambani fell to second place with a net worth of $86.3 billion after significant losses. Savitri Jindal retained her position as the richest woman in India, with a fortune of $39.8 billion. Lakshmi Mittal experienced the most significant increase in wealth, jumping to fourth place.
Antilia bomb scare: Bombay HC orders interim stay on bail granted to ex-cop Sachin Waze
The Bombay High Court on Wednesday recused itself from hearing the NIA’s appeal against bail granted to dismissed cop Sachin Waze in the 2021 Antilia bomb scare case. Justices Bharati Dangre and Ashish Chavan said they had difficulties hearing the matter and directed that it be placed before another bench. The NIA had challenged the special court’s finding that it failed to establish a prima facie terrorism case against Waze under the UAPA.
Record quarter primes India IPO market for blockbuster year
India’s IPO market is on track for another strong year after raising over $13 billion so far, including a record $9 billion in the third quarter. Large deals and strong domestic demand support the pipeline, with numerous companies awaiting approvals. However, market volatility, investor selectivity and valuations could influence upcoming issuance and timing.
2021 Antilia bomb scare case: Mumbai court grants bail to ex-cop Sachin Waze
A special NIA court granted bail to Sachin Waze in connection with the Antilia bomb scare case. The prosecution failed to establish a prima facie case of terrorism against him. The court noted that the Ambani family was not terrorized by the incident at any point. Waze's actions were not deemed to be a direct terrorist act according to the court's findings.
India’s IPO pipeline swells despite muted equity market
India's primary market is thriving with a significant increase in the number of IPOs and issue amounts. In contrast, the secondary market has experienced notable declines in equity indices. While foreign investor interest in listed stocks has dwindled, they remain active in the IPO space. Several leading companies have successfully gone public, contributing to the primary market's resilience.
Hurun India Rich List 2026: Gautam Adani overtakes Mukesh Ambani as richest Indian
According to the M3M Hurun India Rich List 2026, India's wealth has soared to an impressive Rs. 187.5 lakh crore, with Gautam Adani now eclipsing Mukesh Ambani in the wealth hierarchy. LN Mittal also reports major financial gains.
Mumbai bids adieu to iconic Ganpatis after marathon immersion processions
Thousands of devotees gathered at Girgaon Chowpatty to witness the immersion of iconic Ganesh idols. Crowds accompanied the processions, which lasted over 21 hours and spanned through the night. The illustrious Lalbaugcha Raja was immersed in the Arabian Sea after traditional prayers and rituals. Authorities ensured safe immersions across numerous sites with extensive police and civic staff deployment.
Zee escalates copyright fight against Reliance-Disney's JioStar
India's Zee Entertainment has initiated contempt proceedings against JioStar for violations of a court injunction. The injunction prohibits JioStar from using Zee's copyrighted music and content in its programming. Despite the court order, Zee claims JioStar continued to exploit this content after the injunction was issued. JioStar previously argued that any violations were unintentional and residual. The conflict reflects the growing competition for content rights in India's media landscape.
Can Moneyview IPO deliver long-term growth for high-risk investors?
Moneyview, a digital lending platform, is planning a ₹750 crore IPO to fund loan growth. The company's registered users increased significantly, but asset quality has worsened with higher non-performing assets. Total income and loan disbursals have risen sharply, contributing to increased net profit. The company faces potential regulatory risks that may impact its unsecured loan growth. Investors are advised to evaluate financial clarity post-IPO before making decisions.
AssetGro Fintech to file DRHP with Sebi for Rs 2,000-2,500 cr IPO
AssetGro Fintech is gearing up to file its draft IPO documents with Sebi by the end of September. With expectations to raise between ₹2,000 and ₹2,500 crore, the IPO will feature a fresh issue of around ₹800 crore. The remainder will consist of an offer for sale by current shareholders. Emirates NBD Capital has been designated as the lead manager for this endeavor.
NSE debut may not set D-St on fire, sparks to come later
NSE is set to debut on the stock market amid market expectations of moderate gains. Traders quote a grey market premium of around ₹83 per share, down significantly from earlier estimates. The IPO was subscribed 5.71 times, highlighting strong institutional interest despite expectations for lower listing gains. Strict supply rules could limit immediate trading shares, impacting initial price movements post-listing.
RIL selloff wipes off Rs 4 lakh crore from market value as shares drop 21% in 2026 so far. Should you buy now?
In 2026, Reliance Industries has seen a sharp decline of twenty-one percent in its share prices, wiping out an impressive four lakh crore rupees from its market worth. Analysts recommend that investors should be wary and avoid the temptation to buy during this dip, as the company is currently grappling with windfall tax implications and rising concerns regarding a Jio listing.
Load More
