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April 23, 2026
Home Posts tagged Mukesh Ambani
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JioStar, the entertainment venture backed by Reliance and Disney, has terminated its Indian Premier League (IPL) broadcast agreement in Bangladesh after its local partner failed to meet payment obligations. The company ended its sublicensing deal with TSports, stating that repeated payment defaults forced the immediate termination of the contract, leaving the IPL without a Continue Reading
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Reliance Industries, led by Mukesh Ambani, has reportedly begun preparations for the initial public offering (IPO) of its digital and telecom arm, Jio Platforms. According to Bloomberg, the company may file its draft red herring prospectus (DRHP) by the end of March 2026. While the report remains unverified officially, Reliance has already initiated the process […]Continue Reading
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At the India AI Impact Summit 2026, Mukesh Ambani, Chairman and Managing Director of Reliance Industries Limited, announced that Reliance Jio will drastically reduce the cost of artificial intelligence in India, just as it previously slashed mobile data prices. He declared that Jio aims to connect the country to the “intelligence era,” delivering affordable and […]Continue Reading
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India’s Reliance Industries said on Monday that its ambitious plans to build a large-scale battery storage manufacturing ecosystem remain fully on schedule, dismissing a media report suggesting delays. The company told Reuters it continues to work toward its goal of creating an integrated setup spanning battery cells to containerised energy storage systems (ESS). The Continue Reading
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Mukesh Ambani has unveiled a draft artificial intelligence manifesto aimed at transforming Reliance Industries into an AI-native deep-tech enterprise. Addressing employees, Ambani described artificial intelligence as the most consequential technological development in history and set a target of achieving a ten-fold productivity boost across Reliance’s workforce of over Continue Reading
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Jio Platforms Ltd. is reportedly targeting a valuation of $130–170 billion as it prepares for a record-breaking IPO, potentially placing it among India’s top three most valuable listed companies — ahead of Bharti Airtel. The listing would mark Reliance Industries’ biggest market debut since Reliance Petroleum in 2006, and its first major unit to be […]Continue Reading
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Reliance Industries Chairman Mukesh Ambani on Friday announced the conglomerate’s entry into artificial intelligence (AI) with the launch of a wholly owned subsidiary, Reliance Intelligence, aiming to transform the group into a deep-tech enterprise. “A decade ago, digital services became a new growth engine for Reliance. Now, the opportunity before us with AI is just […]Continue Reading
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In a surprising turn of events, Mukesh Ambani’s Reliance Jio has signed a distribution deal with Elon Musk’s SpaceX to bring Starlink satellite internet services to India. This comes after months of contention between the billionaires over spectrum allocation, with New Delhi ultimately siding with Musk’s approach. As part of the agreement, Jio will stock […]Continue Reading
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During Reliance Family Day, Chairman Mukesh Ambani highlighted the unprecedented opportunity for Reliance Industries Ltd (RIL) as India aims to become the world’s third-largest economy. Ambani expressed the company’s ambition to be among the top 10 global business conglomerates. Looking ahead to 2024, he outlined RIL’s roadmap, emphasizing a focus on Continue Reading
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