Reliance Jio Shares Close 26% Higher on Market Debut, Becomes India’s Second-Largest Company
Business/Alive News: Reliance Jio Platforms made a strong debut on the stock market on Wednesday, with its shares closing 26% above the upper end of the initial public offering (IPO) price band. The listing also made Jio Platforms India’s second-largest company by market capitalisation, behind its parent company, Reliance Industries Limited (RIL). Jio Platforms shares […]
Jio Platforms IPO: Retail Investor Quota Fully Subscribed, Bids Reach ₹1.20 Lakh Crore
Business/Alive News: Reliance Industries’ digital services arm, Jio Platforms, has attracted strong investor interest in its initial public offering (IPO), with bids reportedly reaching ₹1.20 lakh crore against an issue size of around ₹30,200 crore. The portion reserved for retail investors has been fully subscribed, according to the information provided. The IPO opened on October […]
US Secretary of State Marco Rubio Visits Reliance’s Jamnagar Refinery, Venezuelan Oil on Agenda
National/Alive News: US Secretary of State Marco Rubio visited Reliance Industries’ Jamnagar refinery in Gujarat on Wednesday, with discussions on Venezuelan crude oil, energy cooperation and investment expected to feature prominently in his talks with chairman Mukesh Ambani. The visit comes as Washington seeks reliable energy supplies and greater cooperation with India, which has significant […]