Akash and Isha Ambani’s birthday on October 23 coincides with the closing day of Reliance Jio’s Rs 30,000 ...More

Akash and Isha Ambani’s birthday on October 23 coincides with the closing day of Reliance Jio’s Rs 30,000 crore IPO. The listing marks a milestone for the telecom and digital business, which the twins have helped shape since its early years, as Jio prepares to enter India’s public markets. ...Less

Reliance Jio Platforms is gearing up for a monumental IPO, sparking tremendous investor interest as grey ...More

Reliance Jio Platforms is gearing up for a monumental IPO, sparking tremendous investor interest as grey market prices indicate a robust premium. Analysts suggest a potential 15-16% rise over the anticipated price range, with estimated proceeds around Rs 30,200 crore, marking this as India's largest public offering. Jio aims to redefine its image as a technology powerhouse, with further details on pricing and plans expected soon. ...Less

Jio Platforms is on the brink of its initial public offering, an important step in its evolution. Since i ...More

Jio Platforms is on the brink of its initial public offering, an important step in its evolution. Since its inception in 2016, the company has gained over 524 million customers and achieved impressive profitability. With significant investments from leading global players in recent years and a vast portfolio of patents, Jio is positioning itself as a leader in innovation. ...Less

Reliance Jio has announced its IPO price range, setting it between Rs 1,065 and Rs 1,119 per share. With ...More

Reliance Jio has announced its IPO price range, setting it between Rs 1,065 and Rs 1,119 per share. With a massive valuation of around Rs 10.3 lakh crore, this IPO stands as the largest in Indian history. While analysts believe the valuation is reasonable, they warn that anticipated growth may already be priced in. ...Less

Jio IPO: Reliance Jio has filed its red herring prospectus for an October 21-23 IPO, set to be India’s bi ...More

Jio IPO: Reliance Jio has filed its red herring prospectus for an October 21-23 IPO, set to be India’s biggest public issue. The offering comprises 27 crore fresh shares, with reservations for Reliance Industries shareholders and employees. The company plans to use most of the proceeds to repay borrowings, while investors assess its valuation. ...Less

Jio has set the price band for its much-awaited IPO at Rs 1,065-1,119 per share. At the lower end of the ...More

Jio has set the price band for its much-awaited IPO at Rs 1,065-1,119 per share. At the lower end of the price band, Jio Platforms could raise Rs 28,755 crore. At the cap price of Rs 1,119, the IPO size would rise to about Rs 30,213 crore. ...Less

Reliance Jio has reserved up to Rs 2,500 crore worth of shares for eligible Reliance Industries sharehold ...More

Reliance Jio has reserved up to Rs 2,500 crore worth of shares for eligible Reliance Industries shareholders in its upcoming IPO. The quota offers RIL investors a direct route to apply for Jio Platforms shares. The IPO opens on October 21, with anchor investor bidding starting October 19. ...Less

Rajiv Kumar proposed using the $145 billion in the Universal Service Obligation fund for this purpose. Ku ...More

Rajiv Kumar proposed using the $145 billion in the Universal Service Obligation fund for this purpose. Kumar suggested supporting Indian telecom companies like Airtel and Reliance Jio to establish satellite networks. ...Less

Isha Ambani's concerns regarding poor household internet sparked important conversations about India's di ...More

Isha Ambani's concerns regarding poor household internet sparked important conversations about India's digital landscape, leading to transformative innovations. In response, Mukesh Ambani pioneered Reliance Jio in 2011, aiming to enhance mobile connectivity across the nation. Its launch in September 2016 revolutionized the telecom sector by offering affordable data and complimentary voice services. ...Less

Reliance Jio has fixed a record date of October 14, 2026, for eligible shareholders of Reliance Industrie ...More

Reliance Jio has fixed a record date of October 14, 2026, for eligible shareholders of Reliance Industries. This date will determine who can apply for the reserved shares under the shareholder quota. The IPO aims to raise approximately Rs 30,213 crore through fresh equity shares. Eligible investors must apply under the normal IPO process and select the shareholder category. ...Less

Reliance Jio plans to launch its IPO with a unique bidding option exclusively for shareholders of Relianc ...More

Reliance Jio plans to launch its IPO with a unique bidding option exclusively for shareholders of Reliance Industries Limited. This specialized queue allows these investors to participate in dual bidding, minimizing application rejections. Eligible bidders can submit their requests through this preferential channel while still engaging with the general public pools. ...Less

An influential Hindu nationalist group close to India's ruling party urged the government on Tuesday to b ...More

An influential Hindu nationalist group close to India's ruling party urged the government on Tuesday to block Elon Musk's Starlink from launching satellite internet services in the country, citing national security concerns. ...Less

Reliance Jio has altered India's telecom industry since its launch in 2016 with affordable services. This ...More

Reliance Jio has altered India's telecom industry since its launch in 2016 with affordable services. This transformation included a price war that changed mobile data consumption patterns across the country. Jio has expanded from basic connectivity to include 5G and various digital services. The company's partnerships with major tech firms have broadened its market reach and offerings. ...Less

On October 21, Reliance Jio is preparing to launch its IPO, aiming to raise around $3.8 billion. Eligible ...More

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. ...Less

Jio Platforms is preparing to launch its IPO, poised to enhance its market presence substantially. This l ...More

Jio Platforms is preparing to launch its IPO, poised to enhance its market presence substantially. This listing will disclose critical metrics like its subscriber figures and independent data usage rates. With substantial growth in its customer base and revenue, Reliance Jio Infocomm is on course for what is anticipated to be India's largest IPO. ...Less

Jio Platforms will begin subscriptions for its IPO on October 21 and it will conclude on October 23. The ...More

Jio Platforms will begin subscriptions for its IPO on October 21 and it will conclude on October 23. The record-breaking IPO could see valuation exceed Rs 10 lakh crore.. This IPO forms part of Jio's broader strategy to lower its debt and advance corporate goals. How the company navigates this phase will impact where it goes from here. ...Less

India's telecom sector reported an adjusted gross revenue of Rs 88,796 crore in the April-June quarter. R ...More

India's telecom sector reported an adjusted gross revenue of Rs 88,796 crore in the April-June quarter. Reliance Jio dominated the market, accounting for about 44.62% of the revenue share. Overall sector revenues grew by 10.50% year-on-year, reflecting a rise in subscriptions and data usage. The average monthly mobile data usage increased to 28.39 GB per subscriber during this period. Furthermore, the average revenue per wireless user reached Rs 187. ...Less

Reliance Jio Platforms has highlighted five key strengths in its RHP ahead of its Rs 30,213 crore IPO, in ...More

Reliance Jio Platforms has highlighted five key strengths in its RHP ahead of its Rs 30,213 crore IPO, including strong revenue growth, profitability, a vast customer base, extensive network infrastructure and proprietary technology. The company also sees growth opportunities in fixed broadband, AI-led services, digital subscriptions and overseas technology monetisation. ...Less

Vodafone Idea Ltd has appointed Manoj Murali as its new Chief Operating Officer, effective October 19. Ma ...More

Vodafone Idea Ltd has appointed Manoj Murali as its new Chief Operating Officer, effective October 19. Manoj Murali brings over 25 years of experience in the telecom sector, having worked with companies like Reliance Jio and Bharti Airtel. He was most recently the Chief Business Officer at Ola Electric and has diverse operational expertise. ...Less

India’s primary market is set for a busy week, led by Reliance Jio Platforms’ Rs 30,213 crore IPO and Par ...More

India’s primary market is set for a busy week, led by Reliance Jio Platforms’ Rs 30,213 crore IPO and Paras Healthcare’s Rs 1,450 crore issue. Both IPOs open on October 21. Nine companies are also scheduled to list, including six on the mainboard and three on SME platforms. ...Less

India's telecom operators are projected to see a 12-15% tariff hike in the next few months. Bharti Airtel ...More

India's telecom operators are projected to see a 12-15% tariff hike in the next few months. Bharti Airtel, Reliance Jio, and Vodafone Idea Limited are expected to report revenue growth in average revenue per user. Reliance Jio is estimated to add 8 million subscribers, while Bharti Airtel expects to gain 3 million customers. Vodafone Idea is projected to add 1 million subscribers in the same period. ...Less

Jio Platforms IPO: Jio Platforms is preparing to unveil its initial public offering, enhancing its valuat ...More

Jio Platforms IPO: Jio Platforms is preparing to unveil its initial public offering, enhancing its valuation significantly. Analysts foresee a potential reduction in the holding company discount for Reliance Industries post-IPO. While some experts believe the anticipated changes are already included in the stock's valuation, the true effect on RIL shares will hinge on Jio's profitability and future dividend plans. ...Less

Reliance Jio is developing an indigenous satellite technology stack and has already filed pre-6G patents, ...More

Reliance Jio is developing an indigenous satellite technology stack and has already filed pre-6G patents, chairman Akash Ambani said. The company is also working on AI-enabled voice and data services and plans to contribute significantly to India’s target of becoming a global leader in 6G. ...Less

Jio Platforms plans to use IPO proceeds of up to Rs 27,500 crore to repay borrowings and move towards net ...More

Jio Platforms plans to use IPO proceeds of up to Rs 27,500 crore to repay borrowings and move towards net debt-free status. Akash Ambani also highlighted opportunities in India's projected $1.4 trillion digital economy by FY31. ...Less

Akash Ambani said Reliance Jio’s partnership with Google on Gemini goes beyond distribution to create new ...More

Akash Ambani said Reliance Jio’s partnership with Google on Gemini goes beyond distribution to create new markets, drawing a parallel with Jio’s approach to data. Speaking at Jio’s IPO press conference on Thursday, he said the collaboration had resulted in Gemini adding 13 million new subscribers to its paid service. ...Less

Indian equities surged 1.6% on Tuesday, marking the largest single-day gain in over two months. This incr ...More

Indian equities surged 1.6% on Tuesday, marking the largest single-day gain in over two months. This increase followed remarks by finance minister Nirmala Sitharaman regarding potential changes to transaction taxes. The rally was supported by a rise in IT stocks despite ongoing concerns over crude oil prices and foreign investor selling. Short-covering ahead of expiry also contributed to the market gains. ...Less

Communications Minister Jyotiraditya Scindia highlighted India's technology-agnostic policy towards satel ...More

Communications Minister Jyotiraditya Scindia highlighted India's technology-agnostic policy towards satellite communications during a recent event. He noted that several companies, including Reliance Jio, OneWeb, and Starlink, received the necessary licenses. While SpaceX's Elon Musk called for quicker licensing for Starlink, the government emphasized its fair authorization framework. The final decision regarding spectrum pricing is forthcoming, which will impact when operators can launch services. ...Less

The Department of Telecommunications in India has amended caller identification regulations for telecom s ...More

The Department of Telecommunications in India has amended caller identification regulations for telecom services. Caller IDs will now display the subscriber's registered name from November 1, 2026. This updated definition of Calling Line Identification includes the caller's name in telecom provider records. ...Less

Jio Platforms MD Akash Ambani said the company will continue to focus on affordability while delivering q ...More

Jio Platforms MD Akash Ambani said the company will continue to focus on affordability while delivering quality services, even as rivals raise tariffs. His comments came after Bharti Airtel increased postpaid prices by Rs 50. Ambani also outlined Jio’s technology ambitions, including its satellite stack and planned low-Earth orbit constellation. ...Less

Jio Platforms has filed the red herring prospectus for its initial public offering, aiming to raise ₹30,2 ...More

Jio Platforms has filed the red herring prospectus for its initial public offering, aiming to raise ₹30,213 crore. The IPO includes a fresh sale of up to 270 million equity shares, with no offer for sale component. Parts of the proceeds will be used to prepay significant borrowings at Reliance Jio Infocomm. Eligible shareholders of Reliance Industries can apply for shares in this IPO. ...Less

Jio Platforms has set a price band of Rs 1,065-1,119 for its upcoming IPO. The company plans to raise bet ...More

Jio Platforms has set a price band of Rs 1,065-1,119 for its upcoming IPO. The company plans to raise between Rs 28,755 crore and Rs 30,213 crore with the offer. Public subscription is scheduled to start on October 21, with shares potentially listing on October 28. ...Less

Elon Musk has advocated for Starlink's potential to enhance internet accessibility in underserved areas o ...More

Elon Musk has advocated for Starlink's potential to enhance internet accessibility in underserved areas of India. He claims that certain oligarchs are obstructing its entry to maintain monopolistic control over the market. The Indian government has rejected these allegations, emphasizing a fair regulatory framework is in place. Starlink representatives have stated their readiness to launch services, awaiting necessary security clearances. ...Less

In a significant regulatory update, Sebi has extended the timeline by six months for companies to adjust ...More

In a significant regulatory update, Sebi has extended the timeline by six months for companies to adjust their issue sizes without the need for new approvals. This applies to initial public offerings set to commence by March 31, 2027. Lead managers are now permitted to modify offer documents to accommodate these size revisions, ensuring that the main objectives continue to be met. ...Less

A failed college assignment by Isha Ambani helped spark the idea for Jio, which is now preparing for a Rs ...More

A failed college assignment by Isha Ambani helped spark the idea for Jio, which is now preparing for a Rs 30,213 crore IPO at a valuation of around Rs 10.3 lakh crore. Akash Ambani said the proceeds would go towards debt reduction, as Reliance seeks to unlock value from its digital business. ...Less

Jio Platforms is set to launch its IPO bidding on October 21, offering 27 crore shares without any offer ...More

Jio Platforms is set to launch its IPO bidding on October 21, offering 27 crore shares without any offer for sale. The price band is set between ₹1,065 and ₹1,119 per share, targeting a total of ₹30,213 crore. Following recent IPOs like Hyundai and LIC, which struggled below their original prices, market sentiment is now emphasizing profitability. Analysts will closely monitor Jio's listing amid this competitive landscape. ...Less

Telecom giants, including Reliance Jio and Bharti Airtel, are set to harness AI technology to enhance the ...More

Telecom giants, including Reliance Jio and Bharti Airtel, are set to harness AI technology to enhance their 5G networks, potentially boosting performance by up to 30 percent using current hardware. According to Ericsson, these software upgrades could roll out without needing to wait for 6G infrastructure. However, the integration of AI raises cybersecurity concerns as these networks evolve. ...Less

In the latest financial report, ICICI Life Insurance announced a remarkable 25% increase in net profit fo ...More

In the latest financial report, ICICI Life Insurance announced a remarkable 25% increase in net profit for the second quarter, reaching ₹374 crore. Over the first half of FY27, profits rose by 26.5% to ₹760 crore. With annualised premium equivalent growing by 15.1% to ₹4,935 crore, the firm continues to strengthen its focus on protection and retirement products, leading to enhanced profitability and a 22. ...Less

Jio Platforms has received over $20 billion in bids ahead of its proposed IPO, Bloomberg reported, with g ...More

Jio Platforms has received over $20 billion in bids ahead of its proposed IPO, Bloomberg reported, with global investors including Fidelity, Allianz and Capital Group expressing interest. The issue could raise around Rs 30,200 crore at a valuation of Rs 10.3 lakh crore, making it India’s largest-ever IPO. ...Less

Jio Platforms will open its Rs 30,000 crore IPO for subscription on October 21, with anchor investor bidd ...More

Jio Platforms will open its Rs 30,000 crore IPO for subscription on October 21, with anchor investor bidding scheduled for October 19. The issue could become India’s largest-ever public offering, surpassing Hyundai Motor India’s record IPO. Here are 10 key details on issue size, dates, shareholder quota, financials and valuation. ...Less

Reliance Jio is preparing for the initial public offering of Jio Platforms, which could set a historic re ...More

Reliance Jio is preparing for the initial public offering of Jio Platforms, which could set a historic record. Chairman Akash Ambani emphasized the responsibility to deliver value to shareholders, especially retail investors. The company aims to share the value created with Indian citizens through this public issue. Jio's proposed valuation ranges between $110 billion and $140 billion, raising approximately $4 billion. ...Less

JioHotstar has partnered with NBCUniversal’s The Peacock Hub for the ninth and final season of Koffee Wit ...More

JioHotstar has partnered with NBCUniversal’s The Peacock Hub for the ninth and final season of Koffee With Karan, hosted by Karan Johar, premiering October 14. The collaboration marks a shift from distributing global content to supporting Indian originals, reflecting growing international interest in homegrown intellectual property. ...Less

Jio Platforms’ Rs 30,200 crore IPO commands a grey market premium of Rs 221, suggesting nearly 20% listin ...More

Jio Platforms’ Rs 30,200 crore IPO commands a grey market premium of Rs 221, suggesting nearly 20% listing gains. Emkay Global and SBI Securities highlight its telecom leadership, earnings growth, digital expansion and technology strengths, while flagging regulatory, competitive and financial risks. ...Less

Jio Platforms is gearing up for its initial public offering by pursuing a strategy focused solely on fres ...More

Jio Platforms is gearing up for its initial public offering by pursuing a strategy focused solely on fresh shares. This means that no current investors will be liquidating their holdings during the IPO. The goal is to utilize the funds, estimated at around ₹27,500 crore, to alleviate the debt burden of Reliance Jio Infocomm. ...Less

Reliance Jio is set to roll out an ambitious Rs 30,213 crore IPO featuring solely new equity shares, not ...More

Reliance Jio is set to roll out an ambitious Rs 30,213 crore IPO featuring solely new equity shares, not existing ones. In light of mixed results from recent Indian IPOs, this move aims to cut down Jio's debt while bolstering its financial standing. The company's IPO, valued at Rs 10. ...Less

Jio Platforms’ Rs 30,213-crore IPO will open for subscription on October 21 and close on October 23, 2026 ...More

Jio Platforms’ Rs 30,213-crore IPO will open for subscription on October 21 and close on October 23, 2026. The issue comprises a fresh issue of 27 crore equity shares, with allotment expected on October 26 and listing tentatively scheduled for October 28 on the BSE and NSE. ...Less

Reliance Industries shareholders had to buy shares by October 13 to qualify for Jio Platforms’ Rs 2,500 c ...More

Reliance Industries shareholders had to buy shares by October 13 to qualify for Jio Platforms’ Rs 2,500 crore shareholder quota. The IPO opens October 21, with shares priced at Rs 1,065-1,119 and listing expected October 28. ...Less

Akash Ambani is positioning Jio Platforms to capture a significant share of India’s projected $1.4 trilli ...More

Akash Ambani is positioning Jio Platforms to capture a significant share of India’s projected $1.4 trillion digital economy by FY31. Ahead of its Rs 30,213 crore IPO, he highlighted 7,200 patents, 5G leadership and technology partnerships. ...Less

Elon Musk has highlighted the essentiality of offering affordable prices for Starlink in India to drive c ...More

Elon Musk has highlighted the essentiality of offering affordable prices for Starlink in India to drive customer adoption. He believes that increased competition will provide greater choices for consumers, ultimately benefiting the populace. Musk also took aim at Mukesh Ambani's advocates for their inconsistent views on Starlink's market viability. Meanwhile, the Indian government noted the presence of various players in the satellite communication space, dismissing monopoly claims. ...Less

Sebi has proposed a fine of ₹50,000 for each instance of non-cooperation by listed companies. Monitoring ...More

Sebi has proposed a fine of ₹50,000 for each instance of non-cooperation by listed companies. Monitoring agencies would be empowered to submit reports directly to stock exchanges. Stricter enforcement measures may include freezing promoters' demat accounts. Companies are required to provide information to monitoring agencies within prescribed timelines. This initiative aims to ensure better accountability regarding the utilization of funds raised through public issues. ...Less

Reliance Industries is gearing up for the highly anticipated Jio Platforms IPO, which is expected to gene ...More

Reliance Industries is gearing up for the highly anticipated Jio Platforms IPO, which is expected to generate significant capital. Despite this, recent declines in RIL shares reveal a cautious mood among investors about potential future gains. Analysts note that although the IPO could establish Jio's market valuation, immediate advantages for RIL shareholders remain unclear, given concerns about refining margins, capital needs, and core business performance affecting sentiment. ...Less

Bharti Group, with a 17.88% stake, is the second largest shareholder in Eutelsat OneWeb after the French ...More

Bharti Group, with a 17.88% stake, is the second largest shareholder in Eutelsat OneWeb after the French government. The low-Earth orbit (LEO) satellite operator, which competes with Starlink, was the first to seek Indian government approval for starting its services. ...Less

The Indian rupee has appreciated in value against the dollar following banks' compliance with recent curr ...More

The Indian rupee has appreciated in value against the dollar following banks' compliance with recent currency derivative guidelines. The Reserve Bank of India has required banks to hold a 20% reserve for foreign exchange risks. This policy seeks to mitigate speculative trading practices and provide currency stability. As a result, banks are revisiting their dollar hedging costs, striving to protect the rupee from declining further. ...Less

Investors that have shown interest in the anchor book include the Government of Singapore Investment Corp ...More

Investors that have shown interest in the anchor book include the Government of Singapore Investment Corporation (GIC), Fidelity, Norway's Government Pension Fund Global, New World Fund Inc and Smallcap World Fund Inc, besides those cited above, the people said. ...Less

The Ministry of Home Affairs is currently evaluating security-related issues affecting satellite communic ...More

The Ministry of Home Affairs is currently evaluating security-related issues affecting satellite communication services in India. Minister Chandra Sekhar Pemmasani reported that the Department of Telecom has issued licenses and provisional spectrum to all companies. Elon Musk recently claimed that certain oligarchs are blocking his company’s satellite services to maintain monopolistic control. ...Less

Silver prices fell sharply on October 14 as rising crude oil prices, a stronger dollar and caution ahead ...More

Silver prices fell sharply on October 14 as rising crude oil prices, a stronger dollar and caution ahead of US inflation data weighed on sentiment. ...Less

The IPO is expected to remain open until October 23, with the anchor book likely to open on October 19. T ...More

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. ...Less

Fusion CX is poised to raise ₹500 crore through a fresh equity offering and ₹202 crore via an offer for s ...More

Fusion CX is poised to raise ₹500 crore through a fresh equity offering and ₹202 crore via an offer for sale. Post-IPO, the promoter's stake will be trimmed to about 80%. With impressive revenue and profit growth over the past three years, alongside the acquisition of VA Platinum to bolster its Australian market presence, this IPO presents a compelling long-term investment opportunity for investors. ...Less

Jio Platforms IPO GMP today: Jio Platforms’ Rs 30,200 crore IPO has a grey market premium of Rs 220 ahead ...More

Jio Platforms IPO GMP today: Jio Platforms’ Rs 30,200 crore IPO has a grey market premium of Rs 220 ahead of its October 21 opening. Emkay Global and SBI Securities highlight its telecom leadership, earnings growth and digital expansion, while flagging valuation, regulatory and capital expenditure risks. ...Less

Meta and Google, originally minority shareholders in Jio Platforms, are now forming strategic partnership ...More

Meta and Google, originally minority shareholders in Jio Platforms, are now forming strategic partnerships with Reliance. The new collaborations focus on enterprise AI initiatives and dedicated cloud infrastructure in India. Meta's joint venture will leverage Llama models for developing AI platforms, while Google focuses on establishing cloud services. Both companies aim to enhance Reliance's capabilities in AI and cloud technology sectors. ...Less

Tata Elxsi reported a 10% year-on-year rise in net profit to Rs 170 crore in Q2, while revenue from opera ...More

Tata Elxsi reported a 10% year-on-year rise in net profit to Rs 170 crore in Q2, while revenue from operations grew 15% to Rs 1,056 crore. Higher employee and operating expenses, along with lower other income, weighed on margins. Net profit for the first half of FY27 rose 14%. ...Less

Indian IT stocks experienced a significant increase following HCL Technologies' strong earnings report fo ...More

Indian IT stocks experienced a significant increase following HCL Technologies' strong earnings report for the September quarter. The Nifty IT index rose by 5.2%, marking its largest gain in 17 months. All 10 components of the index ended higher, with HCL Technologies leading the gains. Concerns over artificial intelligence adoption have impacted investor sentiment, although a stronger dollar provided additional support. ...Less

Akash Ambani said Jio can raise mobile tariffs but prefers growing revenue through digital services, broa ...More

Akash Ambani said Jio can raise mobile tariffs but prefers growing revenue through digital services, broadband and enterprise solutions. Ahead of its Rs 30,213 crore IPO, Jio aims to expand margins and connect 100 million homes. ...Less

Canara Bank shares fell sharply on Thursday despite reporting an 8% year-on-year rise in Q2 FY27 standalo ...More

Canara Bank shares fell sharply on Thursday despite reporting an 8% year-on-year rise in Q2 FY27 standalone net profit to Rs 5,175 crore. Brokerages remain divided, with Morgan Stanley retaining an Underweight rating, while Motilal Oswal and JM Financial recommend buying the stock. ...Less

Jio Platforms is set to file its RHP for a potential Rs 30,000-crore IPO, which could become India’s larg ...More

Jio Platforms is set to file its RHP for a potential Rs 30,000-crore IPO, which could become India’s largest-ever share sale. The Reliance Industries subsidiary is expected to open the issue for subscription from October 21 to 23. The IPO may value Jio at up to Rs 10.3 lakh crore, with a likely price band of Rs 1,065–1,119 per share. Existing investors are not expected to sell their stakes. ...Less

Musk, who owns social media platform X, has accused Indian authorities of delaying Starlink’s entry into ...More

Musk, who owns social media platform X, has accused Indian authorities of delaying Starlink’s entry into the country and suggested that Ambani’s influence could be a factor. After a series of tweets this week, he once again took to the platform to share media reports about Reliance's political funding, including donations to the ruling Bharatiya Janata Party (BJP) and its ally the Shiv Sena. ...Less

Jio Platforms’ Rs 30,213 crore IPO will dilute the percentage stakes of existing investors, including Rel ...More

Jio Platforms’ Rs 30,213 crore IPO will dilute the percentage stakes of existing investors, including Reliance Industries, Meta and Google, while leaving their share counts unchanged. At the upper end of the price band, Jio is expected to be valued at Rs 10.3 lakh crore, more than double the valuation at which most investors entered in 2020. ...Less

Reliance Industries could see a valuation re-rating as Jio Platforms’ proposed Rs 30,000 crore IPO brings ...More

Reliance Industries could see a valuation re-rating as Jio Platforms’ proposed Rs 30,000 crore IPO brings greater transparency to its digital business. Religare has a target price of Rs 1,696 on the stock, implying 46.7% upside from its current market price. ...Less

Sebi has extended the IPO relaxation allowing companies to revise fresh issue sizes by up to 50% without ...More

Sebi has extended the IPO relaxation allowing companies to revise fresh issue sizes by up to 50% without filing a new draft red herring prospectus. The flexibility will apply to IPOs opening on or before March 2027, helping issuers and merchant bankers adjust fundraising plans amid changing market conditions and record activity. ...Less

Anand Rathi Share and Stock Brokers reported a 50% year-on-year rise in consolidated net profit to Rs 41. ...More

Anand Rathi Share and Stock Brokers reported a 50% year-on-year rise in consolidated net profit to Rs 41.93 crore in Q2FY27, while revenue from operations grew 20.25% to Rs 273.21 crore. Growth was supported by higher MTF interest income, distribution revenue and continued client acquisition amid market volatility. ...Less

Elon Musk has publicly requested approval for Starlink to enter the Indian market, highlighting connectiv ...More

Elon Musk has publicly requested approval for Starlink to enter the Indian market, highlighting connectivity issues in rural areas. The Indian government has dismissed claims of bias against Starlink, stating a fair authorization framework exists. Musk has alleged that unnamed oligarchs are blocking Starlink's entry to the market. The company has spent five years complying with Indian regulations and adapting its operations. ...Less

Starlink has said it is ready to provide high-speed internet services in India, asserting that it has spe ...More

Starlink has said it is ready to provide high-speed internet services in India, asserting that it has spent over five years working with regulators, industry and operators and built dedicated infrastructure with the requisite government approvals. The Elon Musk-led company made the statement while tagging Reliance Industries' post on competition in satellite communications. ...Less

Rahul Gandhi underscored the importance of a level playing field for businesses in India while addressing ...More

Rahul Gandhi underscored the importance of a level playing field for businesses in India while addressing crony capitalism. His remarks followed an online exchange with Elon Musk regarding Starlink's licensing issues. Gandhi argued for an economy driven by innovation and hard work instead of political connections. The Indian government refuted allegations by Musk about blocking Starlink's services, clarifying compliance requirements. ...Less

Rajeev Chandrasekhar addressed Elon Musk's concerns regarding the licensing of Starlink in India. He emph ...More

Rajeev Chandrasekhar addressed Elon Musk's concerns regarding the licensing of Starlink in India. He emphasized the importance of national security while processing satellite internet licenses. Chandrasekhar stated that all satellite communication companies must comply with the same regulatory requirements. He also highlighted the principles guiding technology governance under Prime Minister Narendra Modi's leadership. The telecom ministry denied Musk's claims of domestic interests blocking Starlink's services. ...Less

Jio Platforms’ IPO grey market premium climbed to Rs 220 after the company filed its red herring prospect ...More

Jio Platforms’ IPO grey market premium climbed to Rs 220 after the company filed its red herring prospectus (RHP) on Wednesday. The GMP implies a nearly 20% premium over the upper price band of Rs 1,119. The Rs 30,213 crore IPO, opening on October 21 and closing on October 23, is set to surpass Hyundai Motor India’s 2024 offering to become India’s largest-ever public issue. ...Less

Jio Platforms’ Rs 30,188 crore IPO has attracted institutional bids worth around Rs 2.5 lakh crore, more ...More

Jio Platforms’ Rs 30,188 crore IPO has attracted institutional bids worth around Rs 2.5 lakh crore, more than 30 times the size of its anchor book. Over 70 investors, including global asset managers, sovereign wealth funds, domestic mutual funds and insurers, have expressed interest ahead of the October 21 opening. ...Less

Jio Platforms is making waves with its IPO, drawing in around Rs 2.5 lakh crore from institutional invest ...More

Jio Platforms is making waves with its IPO, drawing in around Rs 2.5 lakh crore from institutional investors, reflecting remarkable enthusiasm in the market. With backing from renowned global asset managers and sovereign wealth funds, this Rs 30,200 crore offering launches on October 21, featuring a price band of Rs 1,065 to Rs 1,119 per share. The company aims to use most proceeds to clear existing debts, enhancing financial stability. ...Less

SpaceX CEO Elon Musk renewed his push for Starlink's entry into India, accusing Mukesh Ambani's supporter ...More

SpaceX CEO Elon Musk renewed his push for Starlink's entry into India, accusing Mukesh Ambani's supporters of hypocrisy and arguing that competition would expand consumer choice. Musk said Starlink would need affordable pricing to attract customers. The Centre said three operators, including Starlink, are awaiting regulatory clearances before commercial operations. ...Less

Zetwerk Manufacturing Businesses raised Rs 2,251 crore from 99 anchor investors, including BlackRock, Gol ...More

Zetwerk Manufacturing Businesses raised Rs 2,251 crore from 99 anchor investors, including BlackRock, Goldman Sachs and Nomura, ahead of its IPO opening on October 15. The Rs 5,012 crore issue, priced at Rs 143–151 per share, comprises a fresh issue and an offer for sale. Subscription closes on October 19. ...Less

Paramotor Digital Technology has filed updated draft IPO papers with Sebi for a Rs 1,000 crore issue, com ...More

Paramotor Digital Technology has filed updated draft IPO papers with Sebi for a Rs 1,000 crore issue, comprising a fresh issue of Rs 698 crore and an offer for sale of Rs 302 crore. The fintech company plans to use the proceeds primarily for customer acquisition, technology development and business expansion. ...Less

Rahul Gandhi took a swipe at India’s telecom regulations after Elon Musk questioned why Starlink is yet t ...More

Rahul Gandhi took a swipe at India’s telecom regulations after Elon Musk questioned why Starlink is yet to receive an operating licence despite five years of compliance with Indian requirements. Musk called the situation “troubling”. Starlink has secured key authorisations but is awaiting security clearance before launching commercial services in India. ...Less

Communications Minister Jyotiraditya Scindia responded to Elon Musk's allegations regarding Starlink's de ...More

Communications Minister Jyotiraditya Scindia responded to Elon Musk's allegations regarding Starlink's delayed launch in India. He emphasized that India does not permit monopolies in any sector and highlighted the government's clarity on satellite communication licenses. Scindia noted that all three licensed companies are at the same regulatory stage pending security clearances. ...Less

The Reserve Bank of India has introduced several measures aimed at stabilizing the value of the rupee. Th ...More

The Reserve Bank of India has introduced several measures aimed at stabilizing the value of the rupee. These steps have successfully lifted the rupee's value against the dollar by approximately 150 paise. A new cash reserve requirement affects large foreign exchange derivatives, increasing hedging costs for companies. The central bank has also restricted speculative trading in rupee currency derivatives to help control the market. ...Less

Airtel chairman Sunil Bharti Mittal said Eutelsat OneWeb is also awaiting approvals to start satellite se ...More

Airtel chairman Sunil Bharti Mittal said Eutelsat OneWeb is also awaiting approvals to start satellite services in India, rejecting Elon Musk’s claim that Starlink is being blocked. The government said Starlink, OneWeb and Jio Satcom are at broadly the same regulatory stage, awaiting security clearances before spectrum can be assigned, and called allegations of discriminatory treatment baseless. ...Less

Bharti Airtel plans to raise its average revenue per user through an increase in postpaid subscriptions. ...More

Bharti Airtel plans to raise its average revenue per user through an increase in postpaid subscriptions. The company aims to grow postpaid customers from 8% to around 20% over the long term. Recent tariff hikes and the introduction of new service packages are strategies to encourage upgrades. Airtel also expresses confidence in its future data centre expansion efforts. ...Less

Microscan plans to invest about ₹350 crore in a subsea cable landing station in Alibaug near Mumbai to se ...More

Microscan plans to invest about ₹350 crore in a subsea cable landing station in Alibaug near Mumbai to serve hyperscalers, telecom carriers and cable owners. ...Less

An Indian policy group has advised the government to enforce strict conditions on foreign satellite opera ...More

An Indian policy group has advised the government to enforce strict conditions on foreign satellite operators. The Kutniti Foundation argues that SpaceX's Starlink poses strategic risks to India's telecommunications sovereignty. The report emphasises the need for India to establish its own satellite constellation to ensure data security. It highlights concerns about potential foreign intelligence vulnerabilities linked to external operators. ...Less

On Thursday, the financial markets took a hit, plummeting by almost 1.5% due to robust selling pressure. ...More

On Thursday, the financial markets took a hit, plummeting by almost 1.5% due to robust selling pressure. The Nifty index wavered near its April 2026 low, suggesting ongoing vulnerabilities. In a positive twist, TCS announced a notable 15% rise in its consolidated net profit for the second quarter. Meanwhile, ITC engaged in a substantial block trade, while shares of Infosys and Wipro faced declines during US market hours. ...Less

During this festive period, ecommerce platforms are gearing up to provide enticing discounts for just the ...More

During this festive period, ecommerce platforms are gearing up to provide enticing discounts for just the first few days. However, as rising input costs and inflation exert pressure, companies are anticipated to swiftly pull back on deeper discounts. While popular items such as smartphones, televisions, and laptops will see comparatively moderate price reductions this season, the availability and duration of these discounts will be affected by limited stock. ...Less

Elon Musk has questioned why Starlink is yet to receive an Indian licence, saying the satellite internet ...More

Elon Musk has questioned why Starlink is yet to receive an Indian licence, saying the satellite internet company operates in more than 165 countries and has spent five years complying with India’s laws and requirements. His remarks come a day after he alleged that “oligarchs” were blocking Starlink’s entry. ...Less

India’s satellite internet sector is on the cusp of commercial launches as key players seek the last stag ...More

India’s satellite internet sector is on the cusp of commercial launches as key players seek the last stages of approval. Companies like Starlink, OneWeb, and Reliance Jio have secured GMPCS licenses but still await spectrum allocations and regulatory nods. OneWeb is set to launch immediately after receiving the missing spectrum, while Jio envisions a robust satellite network for the future. ...Less

Ramakrishna P told ET AI at the IMC 2026 that since telecom operators are providing a wider range of serv ...More

Ramakrishna P told ET AI at the IMC 2026 that since telecom operators are providing a wider range of services for businesses, they might soon become more of a tech company. ...Less

Sridhar Vembu responded to Elon Musk's claims regarding regulatory obstacles for Starlink in India. Vembu ...More

Sridhar Vembu responded to Elon Musk's claims regarding regulatory obstacles for Starlink in India. Vembu highlighted India's competitive economy and low data prices benefiting consumers. He emphasized that the Indian government does not tolerate monopolies in the industry. Union Communications Minister Jyotiraditya Scindia confirmed that multiple companies, including Starlink, are seeking licenses. Security assessments are ongoing for all license applicants before commercial operations can begin. ...Less

Jio Platforms is on the verge of launching what is projected to be the largest public offering in India, ...More

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. ...Less

Elon Musk has accused unnamed “oligarchs” of blocking Starlink’s India entry to protect their monopolisti ...More

Elon Musk has accused unnamed “oligarchs” of blocking Starlink’s India entry to protect their monopolistic business interests, calling it “a crime against the people of India.” His comments came after SpaceX executive Lauren Dreyer said Starlink is ready to launch once it secures the remaining government approvals, including security clearance. ...Less

Elon Musk on Wednesday alleged that Starlink’s entry into India is being “blocked” by certain oligarchs s ...More

Elon Musk on Wednesday alleged that Starlink’s entry into India is being “blocked” by certain oligarchs seeking to protect their “monopolistic chokehold” over Indian consumers. Without naming the individuals or companies, Musk accused them of preventing the satellite internet service from entering the Indian market and called it a “crime against the people of India”. ...Less

Jio Platforms’ proposed Rs 30,000 crore IPO is set to be one of India’s biggest public issues, with Akash ...More

Jio Platforms’ proposed Rs 30,000 crore IPO is set to be one of India’s biggest public issues, with Akash and Isha Ambani leading global investor outreach. Existing investors, including Meta and Google, are not looking to exit, with some reportedly seeking to raise their stakes as Jio targets a valuation of up to Rs 10.3 lakh crore. ...Less

Telecom companies like Reliance Jio and Bharti Airtel are integrating AI tools into mobile plans for user ...More

Telecom companies like Reliance Jio and Bharti Airtel are integrating AI tools into mobile plans for user accessibility. Users can access advanced digital tools without high subscription costs, increasing the likelihood of long-term customer retention. Specifically, Reliance Jio offers a collaboration with Google while Airtel partners with Adobe for premium services. This innovative approach has led to significant growth in AI tool usage among Indian consumers. ...Less

India's telecommunication sector has evolved from a sparse network of landlines to a robust mobile connec ...More

India's telecommunication sector has evolved from a sparse network of landlines to a robust mobile connectivity framework, embracing technologies like 2G, 3G, and 4G, culminating in the recent rollout of 5G. As the nation gears up for 6G, it aims to enhance the global digital landscape while improving the daily online experiences of its citizens. ...Less

The Indian government rejected claims of bias in satellite communication approvals as “baseless and misco ...More

The Indian government rejected claims of bias in satellite communication approvals as “baseless and misconceived”, saying Starlink and other global operators face the same security vetting process. The response came after Elon Musk alleged Starlink’s India entry was being blocked by oligarchs protecting their “monopolistic chokehold”. ...Less