Friday, August 29, 2025

India's largest telco Reliance Jio, owned by Asia's richest man Mukesh Ambani, says it aims to list its shares through an IPO in India by the first half of 2026 (Chandini Monnappa/Reuters)

Chandini Monnappa / Reuters:
India's largest telco Reliance Jio, owned by Asia's richest man Mukesh Ambani, says it aims to list its shares through an IPO in India by the first half of 2026  —  Telecom and digital giant Reliance Jio Platforms will file for an initial public offering in the first half of 2026 …



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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...