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  3. Jio targets raising Rs 40,000-50,000 crore IPO filing in weeks
ipo services in India
India IPO
  • 17 Apr 2026
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 Jio targets raising Rs 40,000-50,000 crore IPO filing in weeks

Jio Platforms, the telecom arm of Reliance Industries, is set to raise Rs 40,000-50,000 crore through its IPO, making it the largest fundraise in history. The company will file its DRHP soon and the IPO is expected to be an OFS. This listing, targeted for the first half of 2026, will bring great value for […] | financialexpress.com

Jio targets raising Rs 40,000-50,000 crore IPO filing in weeks

Market 2 min ago

This is an AI assisted summary.

Jio Platforms, the telecom arm of Reliance Industries, is set to raise Rs 40,000-50,000 crore through its IPO, making it the largest fundraise in history. The company will file its DRHP soon and the IPO is expected to be an OFS. This listing, targeted for the first half of 2026, will bring great value for investors who joined Jio in 2020 or later.

Swipe up for next shorts

2 / 50

Govt relaxes wheat procurement norms

Economy 2 hr ago

This is an AI assisted summary.

The food ministry has eased procurement rules for Punjab due to unseasonal rains, allowing for 70% luster loss and increasing the shriveled or broken grain limit to 15%. This will aid farmers and prevent distress sales, with procurement volumes expected to increase soon. However, current wheat procurement has been slow, with only 5.13 MT purchased compared to 8.75 MT arrivals in the market.

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3 / 50

Your Money: Term plans from home give NRIs cover across borders

Money 2 hr ago

This is an AI assisted summary.

NRIs can now benefit from competitively priced term insurance premiums in India, providing comprehensive coverage and flexible policy tenures with optional riders. This is a financially wise decision for NRIs with home loans or children's education plans in India. The digitalization of distribution has made buying insurance remotely easier.

Swipe up for next shorts

4 / 50

Cameron Green: How Most Expensive IPL 2026 Buy Proved His Price During KKR vs GT

Sports 2 hr ago

This is an AI assisted summary.

KKR's record-breaking purchase of Cameron Green in the 2026 auction was met with skepticism, but the Australian all-rounder silenced critics with a destructive and calculated performance against Gujarat Titans. Green's 79 off 55 balls showed his versatility, consistency, and big match temperament, proving his worth as he single-handedly led KKR to a competitive total.

5 / 50

WATCH: Cameron Green’s SIX Puts A Dent In TATA’s Rs 22 Lakh Mid-Size SUV Sierra

Sports 3 hr ago

This is an AI assisted summary.

Cameron Green impresses with a powerful hit on TATA's Sierra during GT vs KKR match, leaving a dent on the Rs 22 Lakh SUV. This showcases Green's return to form and role as KKR's main finisher. Fans may find it amusing, but TATA may need to consider a "Green-proof" coating for their vehicles.

6 / 50

Babar Azam’s Net Worth 1/20th Of Kohli, Still He Overpowers Indian Icon In T20 Records

Sports 4 hr ago

This is an AI assisted summary.

The commercial sports world sees a significant gap between Virat Kohli and Babar Azam, with Kohli's net worth of $125 million dwarfing Babar's $5 million. However, Babar is dominating the T20 record books, surpassing Kohli in fours hit, centuries scored, and fastest to milestones. With experience in multiple leagues, Babar is emerging as the leader in T20 cricket.

7 / 50

Bet on value funds when the chips are down

Market 4 hr ago

This is an AI assisted summary.

Value funds are a great choice for investors during market downturns. They use undervalued stocks, mean reversion, and sector rotation to generate alpha. As the market improves, these funds excel. They are especially successful in early cycle recoveries and rotation-driven markets.

8 / 50

Akash Madhwal: Rohit Sharma’s Old MI Asset Rumored to be Khaleel’s Replacement at CSK

Sports 4 hr ago

This is an AI assisted summary.

CSK's IPL 2026 campaign is facing a setback with injuries to Khaleel Ahmed and Nathan Ellis, causing a pace-bowling crisis. To address this, they are eyeing the signing of Akash Madhwal, a former Mumbai Indians player. With a record for best bowling figures in an IPL playoff and a strong track record, Madhwal would add a new dimension to CSK's bowling attack.

9 / 50

300 acres and nearly 1,000 years of history: Inside the Ambani’s Rs 592 cr English estate

Lifestyle 4 hr ago

This is an AI assisted summary.

Reliance Industries purchased the 300-acre estate of Stoke Park in Buckinghamshire, England for £57 million in April 2021. The property, known for its ties to royalty and Hollywood, boasts a Georgian mansion, championship golf course, and luxury country club.

10 / 50

Reliance Industries Q4 FY26 results: Check date and time

Business 5 hr ago

This is an AI assisted summary.

Reliance Industries will release Q4 FY26 results on April 24, with discussions on potential dividends. Analysts predict impact on refining and petchem markets due to Iran War, but diversified feedstock mix may limit cost pressures. Q3 FY26 showed 0.6% increase in net profit and 10.5% increase in revenue, with oil and chemicals business remaining strong.

11 / 50

Inside Sam Altman’s fitness routine: The workout that makes the CEO 1.5x more productive

Lifestyle 5 hr ago

This is an AI assisted summary.

OpenAI CEO Sam Altman has a carefully planned physical routine that he believes enhances his cognitive abilities. This includes weight training, high-intensity intervals, and intermittent fasting. He also prioritizes sleep and uses a sleep tracker, light therapy, and the drug Metformin for anti-aging. This routine is not just a workout plan, but a performance system designed for peak output.

12 / 50

Your loan queries: Two extra EMIs a year save more interest than a 5% hike in EMI

Money 5 hr ago

This is an AI assisted summary.

The article advises on taking and repaying loans, such as home and car loans. It suggests paying two extra EMIs every year instead of increasing the EMI by 5% to clear the loan early. Comparing car loan providers can minimize prepayment penalties.

13 / 50

Buy gold on Akshaya Tritiya and add on every dip till Diwali

Money 5 hr ago

This is an AI assisted summary.

Investing in gold on Akshaya Tritiya can help build long-term wealth and has seen an average return of 30% annually over the past five years. Spreading out purchases over time is recommended to reduce risk, especially with high prices. Gold remains a strong diversifier in portfolio construction, and options like gold ETFs, Sovereign Gold Bonds, and silver should be considered.

14 / 50

Will a loss today against GT mean end of IPL 2026 campaign for Shahrukh’s Rs 125 Cr KKR?

Sports 5 hr ago

This is an AI assisted summary.

KKR, with a squad worth Rs 125 crore, is facing a must-win situation against Gujarat Titans at the Narendra Modi Stadium. They have had the worst start in franchise history, with only one point from six games and a dismal net run rate. However, with inspiration from past comebacks, KKR must win tonight to keep their IPL 2026 campaign alive and start a miracle run.

15 / 50

Marine exports at record $ 8.43 billion, up 14% on year, despite US tariff

Economy 5 hr ago

This is an AI assisted summary.

Despite facing high US tariffs, India's marine products exports rose by 14% due to increased shipments to Europe and Southeast Asia. The devaluation of the Rupee and opening up of EU markets also contributed to this growth. Non-US markets, including Russia, Canada, and Thailand, have become the new growth engine.

16 / 50

Strong global confidence in domestic markets: Tuhin Kanta Pandey

Market 3 hr ago

This is an AI assisted summary.

India's securities markets are gaining stability and competitiveness, with strong international investor confidence. Despite recent volatility and foreign outflows, the market capitalisation is at $4.4 trillion, with $154 billion raised in FY26. Sebi Chairman Tuhin Kanta Pandey highlighted India's financial system's role in driving economic growth.

17 / 50

Oil chokepoints weaponised? Risk shifts from Hormuz to Malacca

Economy 2 hr ago

This is an AI assisted summary.

The US blockade in the Strait of Hormuz has caused attention to shift to the Strait of Malacca, raising concerns about the stability of crucial oil transit routes. The conflict, sparked by US and Israeli attacks on Iran, has escalated into a regional standoff with naval deployments and restrictions on important corridors.

18 / 50

Not Part Of IPL Or Team India, Mumbai Cricketers Can Still Earn As Good As A Professional

Sports 7 hr ago

This is an AI assisted summary.

The Mumbai Cricket Association has introduced a graded contract system for domestic players. To be eligible, players must be registered with MCA, meet fitness standards, and not be selected by an IPL team or India in the past 2 seasons. The highest salary bracket is Rs. 20 lakhs per annum, providing players the opportunity to continue playing red-ball cricket without relying on an IPL contract.

19 / 50

BookMyShow gets a new competitor; Flipkart to enter ticket booking market: Report

Business 7 hr ago

This is an AI assisted summary.

Flipkart, owned by Walmart, will enter India's movie and concert ticket market in May, competing with BookMyShow and Zomato. They will also pilot food delivery. The country's live events and ticketing market is growing, driven by cricket. Flipkart is preparing for an IPO as India's e-commerce market is expected to reach $65-66 billion.

20 / 50

India’s quiet masterclass in managing an energy shock

Economy 7 hr ago

This is an AI assisted summary.

India's response to the West Asian conflict and energy crisis was impressive due to its pre-existing legal framework and energy diplomacy. The country successfully secured alternative LPG supplies from multiple nations, decreasing its reliance on imports. The state absorbed the crisis instead of burdening consumers, highlighting India's efficient management.

21 / 50

‘Only a recently removed MP is present in the House’: Raghav Chadha’s sharp jibe at AAP

India News 7 hr ago

This is an AI assisted summary.

AAP MP Raghav Chadha criticized his party's leadership changes in his Rajya Sabha speech, highlighting his own removal as Deputy Leader and the absence of the newly appointed leader. He denied allegations of refusing to walk out of Parliament and not signing an impeachment motion against the CEC.

22 / 50

Explained: Can Delimitation Bill pass Lok Sabha test? Here’s what the numbers say

India News 4 hr ago

This is an AI assisted summary.

Parliament to vote on bills for 33% reservation for women in Lok Sabha and state assemblies, with changes to Constitution and delimitation exercise. NDA and opposition clash over reservation and delimitation linkage. PM Modi makes last-minute appeal for support, but NDA lacks necessary numbers, highlighting challenges in implementing promised political representation for women.

23 / 50

Oxymed launches India’s first intelligent home oxygen concentrator

Technology 7 hr ago

This is an AI assisted summary.

Oxymed introduces India's first intelligent home oxygen concentrator, the Inteli 5 LPM, which adjusts flow based on SpO₂ levels for improved safety and comfort. The device boasts a DC compressor for quiet operation and energy efficiency, and premium sieve beds for consistent oxygen purity. With a three-year or 15,000-hour warranty, Oxymed aims to revolutionize home respiratory care.

24 / 50

Jio IPO countdown: Mukesh Ambani-led firm may file draft papers in May – Bloomberg

Market 8 hr ago

This is an AI assisted summary.

Reliance Industries is considering an IPO for its telecom subsidiary, Jio Platforms, with a potential filing in May 2026. Sources say they plan to file by March, but delays may be caused by market decline due to geopolitical conflicts. This could be one of India's biggest IPOs and the first public offering by a major Reliance unit in 20 years. Q4 earnings are highly anticipated.

25 / 50

New Air India–WestJet partnership opens more routes to Canada, US; Check details

Business 9 hr ago

This is an AI assisted summary.

Air India and WestJet have joined forces to improve travel options between India and North America. This partnership allows passengers to book single-ticket itineraries to 17 Canadian cities and 14 US cities, with easier access through Air India's European hubs. This collaboration responds to the increasing demand for travel between the two countries.

26 / 50

Women quota law comes into force as NDA stares at legislative defeat

India News 9 hr ago

This is an AI assisted summary.

The Centre has re-notified the 2023 Women's Reservation Act, with April 16 as the effective date. There are concerns that the NDA may not have enough votes to pass the related Constitution amendment Bills, which require a special majority from both Houses of Parliament. The NDA is currently short of the required strength and may face rejection from the Opposition.

27 / 50

Indian refiners use Chinese Yuan via ICICI Bank to pay for Iranian oil under US waiver

Business 10 hr ago

This is an AI assisted summary.

Indian refiners are using Chinese yuan, facilitated by ICICI Bank, to pay for Iranian oil purchased under a temporary US sanctions waiver. However, the US will not renew the waivers, making it challenging for buyers to arrange payment. Chinese yuan is also being used for Russian oil purchases.

28 / 50

Lupin to pay $30 million to settle multiple lawsuits in US; denies all allegations

Business 10 hr ago

This is an AI assisted summary.

Indian pharmaceutical company Lupin has paid $30 million to settle lawsuits in the US for antitrust violations, despite denying all allegations. The settlement is with insurance company Humana. Lupin's stock has dropped in the last 5 trading sessions, but its Q3FY26 performance saw a 37% YoY profit growth, thanks to strong US sales.

29 / 50

At 50, how an Indian origin woman built a $7.9 billion empire by ‘fixing’ human DNA

Trending News 11 hr ago

This is an AI assisted summary.

Suma Krishnan was in her late 40s when she first began considering something most people in biotech would have called too risky, maybe even impossible: a gene therapy to treat a rare disease that makes skin as fragile as butterfly wings.

33 / 50

SpiceJet owes over Rs 400 crore with interest, Kalanithi Maran claims

Business 11 hr ago

This is an AI assisted summary.

Kalanithi Maran, chairman of Sun Group, claims that SpiceJet owes over Rs 400 crore in their arbitration dispute, including interest. SpiceJet argues that paying the amount in cash could push them to the brink and suggests using a commercial property as security.

34 / 50

JEE Main Results 2026: Session 2 final answer key soon at jeemain.nta.nic.in

Jobs and Career 11 hr ago

This is an AI assisted summary.

NTA will declare JEE Main 2021 Session 2 results by April 20. The provisional answer key is available and the final key will be released soon. Candidates can check their scorecard on the official website using their application number and password. The scorecard will display subject-wise percentile, overall NTA score, All India Rank, and qualifying status.

35 / 50

Is Wipro buying time or value? Brokerages split on Rs 15,000 cr buyback vs weak forecast

Market 12 hr ago

This is an AI assisted summary.

Wipro's Q4FY26 results have left investors with more questions than answers. While the company announced its biggest-ever buyback, the forecast for Q1 was lackluster. Brokerages are divided on their forecasts, with concerns around slowing deal conversion and optimism driven by valuations and buyback benefits. Four major brokerages have varying views on Wipro's post-growth trajectory.

36 / 50

Centre fast-tracking national floor wage rate after Noida unrest

India News 12 hr ago

This is an AI assisted summary.

The government is expediting the process of setting a new national floor wage rate, considering variations in wage levels and inflation caused by the Iran conflict. Amid labor unrest in the NCR, the government is reviewing current wage rates and inflation trends to establish region-specific floor wages.

37 / 50

Mukesh Ambani no longer Asia’s richest; pipped after rival’s $3.5 bn boost

Lifestyle 12 hr ago

This is an AI assisted summary.

Gautam Adani has overtaken Mukesh Ambani to become the richest person in Asia, with a net worth of $92.6 billion. Adani's fortune surged by $3.56 billion in a day, while Ambani's net worth increased by $76.7 million. The Bloomberg Billionaire Index also saw a decline in the net worth of several global industrialists, including Bernard Arnault.

38 / 50

Adani Group shares buzzing after CCI dismisses bid-rigging allegations

Market 13 hr ago

This is an AI assisted summary.

Adani Group companies' share prices rose after being cleared of bid rigging and dominance abuse allegations. Mutual funds showed interest, with Jefferies maintaining a 'Buy' rating but lowering the price target for Adani Enterprises. Analysts predict a potential increase in the second half of 2026 due to erratic weather conditions and focus on power demand.

39 / 50

India questions legal basis of Section 301 probe by US

India News 11 hr ago

This is an AI assisted summary.

India rejects US investigation into industrial policies and forced labor, stating it does not meet legal standard. US launched two probes under Section 301 against 60 economies. India denies claims of excess capacity and unfair trade practices, argues trade surplus with US not solely due to its actions.

40 / 50

Citius Transnet InvIT IPO opens today: 5 things to know before you subscribe

Market 14 hr ago

This is an AI assisted summary.

Citius Transnet InvIT's IPO opens today with a target of raising Rs 1,105 crore through a fresh issue of 11.05 crore shares. The price band is set at Rs 99-100 per share, and the IPO will close on April 21. The trust has already raised Rs 497.2 crore from anchor investors, and allotment and listing are expected on April 24 and 29 respectively.

41 / 50

Europe has just 6 weeks of jet fuel left, warns IEA – What passengers need to know

World News 14 hr ago

This is an AI assisted summary.

Europe could be heading toward a serious aviation fuel crunch, with the head of the International Energy Agency warning that the region has “maybe six weeks of jet fuel left” if supply problems continue.

42 / 50

Om Power Transmission sees steady start: Lists at over 6% premium on NSE

Market 14 hr ago

This is an AI assisted summary.

Om Power Transmission, a power transmission infrastructure EPC company, made its debut on the National Stock Exchange and the BSE at a premium of 6.3% and 3.49% respectively, with shares listed at Rs 186 and Rs 181.10. The company raised Rs 150.06 crore through its IPO, with a final issue price of Rs 175 per equity share. The subscription stood at 3.33 times, with muted response from investors.

43 / 50

Trump admin announces new visa restrictions – Who will be affected?

US News 16 hr ago

This is an AI assisted summary.

The Trump administration has announced a major expansion of a visa restriction policy that targets people accused of working on behalf of countries seen as hostile to the United States.

44 / 50

Wipro: Buyback at 19% premium vs ‘lacklustre’ guidance — What’s next for investors

Market 15 hr ago

This is an AI assisted summary.

Wipro's Q4FY26 results were subdued, but the board approved a Rs 15,000 crore share buyback at a 19% premium through the tender offer route, pending shareholder approval. Jefferies has an underperform rating due to lower revenue and profitability, concerns over key business segments and deal momentum, and a cautious near-term outlook.

45 / 50

FIR against Vedanta Chairman Anil Agarwal after boiler blast killed 20 workers

India News 17 hr ago

This is an AI assisted summary.

An FIR has been filed against Vedanta Group chairman and others for the explosion at their power plant in Chhattisgarh that killed 20 workers and injured 16. The charges include negligence and a technical team has been formed to investigate the cause. The opposition has called for a judicial inquiry.

46 / 50

Who is Erica Schwartz? Trump picks former COVID-era official for CDC chief

World News 18 hr ago

This is an AI assisted summary.

President Trump has nominated Erica Schwartz, a former deputy surgeon general, to become the director of the Centers for Disease Control and Prevention. The move comes after multiple leadership changes at the agency and as the White House shifts focus to issues such as drug prices and food safety. Schwartz's nomination has been praised by former public health officials.

47 / 50

Inside Israel-Lebanon 10-day ceasefire: What are the key terms

World News 18 hr ago

This is an AI assisted summary.

A 10-day ceasefire between Israel and Lebanon was officially announced on April 16, 2026, by US President Donald Trump. The full text of the agreement was later released by the US State Department, laying out not just a pause in war, but a larger attempt to move towards peace.

48 / 50

White House weighs Anthropic Mythos access for US agencies: Report

US News 18 hr ago

This is an AI assisted summary.

The U.S. government will make Anthropic's Mythos AI model, part of Project Glasswing, available to federal agencies despite cybersecurity concerns. The model has identified thousands of vulnerabilities and the White House is working with providers and partners to ensure proper safeguards. Anthropic is in talks with the Trump administration, despite a previous dispute with the Pentagon.

49 / 50

Quinton de Kock Becomes First Foreigner To Hit IPL Centuries For 3 Different Teams

Sports 24 hr ago

This is an AI assisted summary.

Quinton de Kock's century for Mumbai Indians against Punjab Kings at Wankhede Stadium on April 16 made him the first overseas player to score a century for three different franchises in the Indian Premier League (IPL). His historic century not only helped Mumbai recover from an early collapse, but also secured his place in the record books.

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