Onmanorama Lite App
Jio Platforms’ upcoming mega IPO is expected to draw strong listing gains, but analysts say long-term investor returns will depend on how well it monetizes its huge telecom base through higher-margin digital services.
Reliance denied Elon Musk’s claims that billionaire Mukesh Ambani blocked Starlink’s Indian entry, stating that its own satellite internet service also awaits clearance and that it genuinely welcomes fair market competition.
Elon Musk publicly criticised India for delaying Starlink's operating licence, accusing local oligarchs of protecting a monopoly.
As part of its AI push, Reliance also announced the launch of a wholly-owned subsidiary, Reliance Intelligence.
Ambani emphasised the importance of long-term institutional impact and continuous adaptation to technological opportunities for Reliance Industries.
He added that the investments will create over 25 lakh new jobs in the region across sectors such as food processing, agriculture, and clean energy.
The deal follows a similar partnership between Starlink and No. 2 telecom player Bharti Airtel announced for the India market a day before.
A few weeks ago, Radhika was spotted with her parents at the Shrinathji Temple in Nathdwara in Rajasthan.
Reliance's letter is Ambani's last-ditch effort in an ongoing tussle with Musk over how India should grant spectrum for satellite services.
The 67-year-old is a big fan of traditional South Indian and Gujarati meals.
Results 1-10 of 125
