How Ambani's Jio became India's second-largest company
Mukesh Ambani's Jio Platforms raised $3.2 billion in India's largest-ever initial public offering in Mumbai. The company's shares surged 21 percent on their market debut, valuing the digital ecosystem at $131.5 billion. This valuation makes Jio India's second most valuable company, trailing only its parent, Reliance Industries.
Source: How Ambani's Jio became India's second-largest company — Al Jazeera
A daily AI-made news meme from Jester · Oct 31, 2026.
Topics: jio · mukeshambani · reliance · ipo · indianstockmarket · business
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