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Jio Platforms IPO Shifts to Fresh Fundraising as Investors Hold Stakes

By Uniquetimesorg May 11, 2026 0

Mukesh Ambani’s Jio Platforms has reportedly changed its planned Mumbai IPO strategy into a pure fundraising exercise, dropping earlier plans that would have allowed existing foreign investors to sell part of their holdings. Sources said investors such as Meta, Google and Vista Equity Partners prefer to remain invested in the company for the long term. […]Continue Reading

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Mukesh Ambani Pledges Rs 10 Lakh Crore AI Investment, Vows to Cut Cost of Intelligence

By Uniquetimesorg February 19, 2026 0

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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Jio Solidifies Global Leadership in Mobile Data Traffic with Record 5G Growth

By uniquetimes October 30, 2024 0

Reliance Jio has retained its position as the world’s leader in mobile data traffic for the third consecutive quarter, outperforming major global telecom players. The company reported a year-on-year (YoY) growth of 24%, significantly surpassing China Mobile’s 2% rise. China Telecom and India’s Airtel followed closely with 24% and 23% YoY growth, respectively, Continue Reading

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“Mata ji, Pita ji Bigger Than 5G”: Mukesh Ambani To Students

By uniquetimes December 3, 2022 0

Mukesh Ambani, the chairman of Reliance Industries, used an original strategy to remind kids of the value and significance of their parents in their life. Last week, Mr. Ambani spoke at the Pandit Deendayal Energy University commencement, telling the graduating students that their parents and families, who supported them, shared in their efforts. “Let me […]Continue Reading

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Reliance Jio Topples BSNL To Become Largest Fixed-Line Service Provider

By uniquetimes October 27, 2022 0

According to a TRAI report released on Tuesday, private telecom operator Reliance Jio overtook state-run BSNL in August to become the nation’s largest fixed-line service provider. For the first time since the nation’s telecom industry initially began, a private operator has taken the top spot in the wireline market. Jio’s wireline customer base reached Continue Reading

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Reliance Jio To Launch 5G Services Within 2 Months

By uniquetimes August 29, 2022 0

The leading telecom provider in India announced on Monday that Reliance Industries Ltd.’s Jio will start rolling out 5G services for its customers in the next two months. Chairman Mukesh Ambani announced at the company’s annual general meeting that the company has committed 2 trillion rupees ($25 billion) to the rollout of 5G services. According […]Continue Reading

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5G spectrum auction today: Jio, Airtel, Vi, Adani Data Networks in the fray

By uniquetimes July 26, 2022 0

On Tuesday, the eagerly anticipated 5G spectrum auction will take place, and the Center anticipates making between Rs 1-1.1 lakh crore from it. In this auction, a spectrum with a 72 gigahertz (GHz) bandwidth and approximately 72,000 megahertz (MHz) spread across nine bands with a 20-year validity period would be sold for Rs 4.3 lakh. […]Continue Reading

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After son Akash takes over Jio, Mukesh Ambani’s daughter Isha to have a big role

By uniquetimes June 29, 2022 0

In yet another indication that her father, Indian billionaire Mukesh Ambani, is moving through with a plan for succession in one of Asia’s wealthiest families, Isha Ambani is scheduled to be made chairman of the Reliance conglomerate’s retail division. According to informed sources who declined to be named before a formal announcement, Isha Ambani’s Continue Reading