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Reliance Industries Shares Surge 11.6% as Oil and Jio Businesses Boost Earnings

By Uniquetimesorg November 2, 2026 0

Shares of Reliance Industries surged 11.6% on Monday, recording their strongest single-day performance in more than six years. The rally followed better-than-expected quarterly results, with the company reporting a 40.6% increase in net profit to ₹25,548 crore for the September quarter. Stronger refining and petrochemical margins played a major role in driving the earnings Continue Reading

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Jio Reports 13.7% Quarterly Profit Growth After Stock Market Debut

By Uniquetimesorg October 30, 2026 0

Jio Platforms, the telecom and digital services company backed by billionaire Mukesh Ambani, reported a 13.7% increase in quarterly net profit on Friday, October 30. This marks its first earnings announcement since its record-breaking stock market debut earlier this week, which made it India’s second most valuable listed company. Net profit rose to ₹83.89 billion Continue Reading

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Jio Platforms Hits $137 Billion Valuation After Record IPO

By Uniquetimesorg October 28, 2026 0

Reliance Jio Platforms, the telecom and digital services company owned by billionaire Mukesh Ambani’s Reliance Group, surged 27% on its stock market debut in Mumbai on October 28, 2026. Following India’s largest-ever initial public offering (IPO), valued at $3.2 billion, Jio reached a market capitalisation of approximately $137 billion, becoming India’s second-most Continue Reading

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Akash Ambani Takes Centre Stage as Jio Prepares for IPO

By Uniquetimesorg October 23, 2026 0

Akash Ambani, the eldest son of billionaire Mukesh Ambani, is stepping into the spotlight as Jio Platforms prepares for its stock market debut. The company’s $3.2 billion initial public offering (IPO) was fully subscribed within two hours of opening for public bidding. As managing director of Jio Platforms and chairman of its telecoms business, Akash […]Continue Reading

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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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HCLTech to buy HPE communications technology group assets for $225 million

By uniquetimes May 24, 2024 0

HCLTech Ltd announced its plan to acquire Communications Technology Group (CTG) assets from Hewlett Packard Enterprise (HPE) for $225 million (approximately ₹1,874 crore) in an all-cash transaction. As part of this deal, about 1,500 CTG employees with expertise in the telecom sector will transition to HCLTech across various countries, including Spain, Italy, India, Japan, Continue Reading