Is Bank of America Stock Outperforming the Dow? Bank of America has outpaced the broader market over the past year, and analysts are fairly upbeat about its future potential. Barchart · Aug 30
Reliance Jio IPO: 7 risk factors investors should know as firm gets Sebi nod for Rs 37,000-crore issue Reliance Jio’s proposed Rs 37,700-crore IPO has received Sebi approval, bringing the much-awaited listing closer. While the offering could value Jio Platforms at nearly Rs 9.5 lakh crore, its DRHP flags several risks, including spectrum challenges, intense competition, high capital expenditure, vendor dependence, infrastructure concentration and cybersecurity threats. The Economic Times · Aug 29
Will Dalal Street see record Rs 70,000 crore IPOs in September? Jio and NSE buzz raises stakes India’s IPO market could see a record fundraising month in September, with companies potentially raising up to Rs 70,000 crore if Jio Platforms or NSE launches its public issue. More than 25 IPOs are expected, as strong domestic liquidity, improved listing performance, and pent-up supply drive the primary market revival. The Economic Times · Aug 29
Reliance Jio IPO approved: Is it too late to buy RIL shares to be eligible for shareholder quota? Jio Platforms has received SEBI approval for its upcoming initial public offering. Reliance Industries shareholders may still qualify for a reserved portion of the offering. The final details regarding share reservation and the record date are pending. This IPO marks a major value creation milestone for Reliance shareholders. The Economic Times · Aug 28
Sebi approves 7 IPOs including Jio Platforms, Paras Healthcare and Bharat PET Sebi has approved seven IPOs, led by Reliance-backed Jio Platforms’ proposed Rs 37,700 crore offering. Paras Healthcare, Bharat PET, Paramotor Digital Technology, Pushp Brand, MK Sons Fine Jewels and Sadbhav Futuretech also received approvals, expanding India’s primary-market pipeline. The Economic Times · Aug 28
Jio IPO soon! RIL's telecom arm gets Sebi nod for Rs 37,700 crore offering Jio Platforms has received Sebi approval for its proposed Rs 37,700 crore IPO, bringing Reliance Industries’ much-awaited listing closer. The issue could value Jio at nearly Rs 9.5 trillion and become India’s largest IPO. The company plans to use Rs 27,500 crore of proceeds to repay borrowings of Reliance Jio… The Economic Times · Aug 28
Airtel leads July mobile subscriber additions with 26.9 lakh users, Jio adds 24.5 lakh Bharti Airtel led mobile subscriber additions in July, adding 26.88 lakh users. Reliance Jio followed, adding 24.46 lakh users during the same period. Vodafone Idea and BSNL also saw subscriber base increases. India's overall wireless subscriber base grew to 128.79 crore in July. The broadband subscriber base also experienced a… The Economic Times · Aug 28
Working from a moving train for 6 hours? Woman shares her unusual internet backup plan A woman who works remotely has shared the elaborate connectivity setup she used during a six-hour train journey to Mysore while continuing her job. She carried Airtel, Jio and BSNL SIM cards, used a separate phone for internet access and connected it to her laptop. She also discovered that passengers… The Economic Times · Aug 23
Jio to relaunch Prime membership with 1-year price guarantee after Airtel plan changes Reliance Jio is relaunching its Prime membership program soon. This offers customers a price guarantee for their plans. The company will also enhance benefits under its Rs 299 plan. This move follows Airtel discontinuing some of its lower-priced daily data plans. Experts see this as a shift towards higher telecom… The Economic Times · Aug 17
Jio BlackRock AMC launches regular mutual fund plans available via distributors JioBlackRock Asset Management has launched regular plans for eligible mutual fund schemes, expanding beyond its existing direct-plan offerings. Available through empanelled distributors from August 17, the move aims to broaden investor access while strengthening partnerships with India’s growing mutual fund distribution network. The Economic Times · Aug 17
NFO Alert: Jio-BlackRock enters India's ETF market with Nifty50 fund JioBlackRock Mutual Fund has launched its first exchange-traded fund, the JioBlackRock Nifty 50 ETF, marking its entry into India's fast-growing ETF market. The NFO is open until August 11. The passive fund will track the Nifty50 Index, offering investors exposure to India's 50 largest listed companies through a single investment… The Economic Times · Aug 4
Mukesh Ambani’s long game: How Reliance could turn a 3-year spending spree into Rs 90,000 crore of free cash flow Reliance Industries could generate nearly Rs 90,000 crore in cumulative free cash flow over FY26-FY28 as its heavy investment cycle eases, brokerages say. Stronger earnings from energy and Jio, coupled with moderating capex, may reduce leverage and mark the beginning of a sustained cash flow and earnings upcycle. The Economic Times · Jul 24
Reliance Industries share price target: What are brokerages saying after Q1 results? Reliance Industries shares gained after the conglomerate reported better-than-expected June quarter earnings, driven by robust growth across its energy, digital and refining businesses. Brokerages remained bullish on the stock, with several reiterating Buy ratings and raising target prices, citing strong operational performance, improving refining margins and long-term growth prospects across… The Economic Times · Jul 20
RIL Q1 Takeaways: What Mukesh Ambani said on Jio IPO and how Reliance Consumer doubled revenue Reliance Industries highlighted strong consumer business momentum in Q1 FY27, with Jio Platforms advancing towards its IPO and Reliance Consumer more than doubling revenue. Campa and Independence drove growth, while Jio posted higher ARPU, subscriber additions and earnings, supporting long-term value creation. The Economic Times · Jul 17
The Economic Times · Jul 17 Reliance Jio's ARPU rises to Rs 215.6 as subscriber base crosses 533 million in Q1FY27 Reliance Jio reported strong June quarter results with ARPU rising to Rs 215.6. The telecom operator's subscriber base crossed 533 million, including 285 million Jio True5G users. Jio Platforms achieved record quarterly EBITDA of Rs 20,865 crore, expanding its margin. Reliance Industries saw consolidated revenue increase 24.5 percent year-on-year. Jio…
The Economic Times · Jul 17 Reliance Jio Q1 Results: IPO-bound telco’s net profit rises 9% YoY to Rs 7,764 crore; ARPU climbs to Rs 215.6 Reliance Jio Q1 Results: Jio Platforms reported a 9% YoY rise in Q1 FY27 net profit to Rs 7,764 crore, supported by higher ARPU, subscriber additions and digital services growth. The IPO-bound telecom major also highlighted its expanding broadband business and deep-tech focus as it prepares for a landmark public…
The Economic Times · Jul 17 RIL investors lose Rs 3.5 lakh crore this year. Can Q1 earnings bring the stock back to life? Reliance Industries investors have lost significant wealth this year. The company's stock has faced pressure due to various business segment concerns. Upcoming first-quarter earnings results are crucial for investor sentiment. Analysts expect steady performance driven by oil-to-chemicals and digital services. Positive results could lead to a stock price rally and…
The Economic Times · Jul 17 Jio Financial Services shares rally 6% after stellar Q1 results. Buy, sell or hold the stock? Jio Financial Services shares surged 6% after the company posted a strong Q1FY27 performance. Consolidated net profit jumped 155% year-on-year to Rs 830 crore, while revenue from operations soared 227% to Rs 2,004 crore. Interest income, fee and commission income, and profit before tax also recorded robust growth, reflecting strong…
The Economic Times · Jul 17 Investors are watching Jio but Mukesh Ambani-led RIL’s Q1 surprise may come from refining Reliance Industries' upcoming first-quarter earnings may depend on refining gains. Jio's steady expansion is expected to provide a stable growth engine for the company. Refining margins surged dramatically, raising expectations for the oil-to-chemicals business. However, planned refinery shutdowns could impact the full benefit of margin upswings. Investors will focus on…
The Economic Times · Jul 16 RIL Q1 preview: Will strong O2C performance drive overall earnings growth? Reliance Industries is expected to post a steady June-quarter (Q1) performance, with brokerages projecting consolidated EBITDA growth of 4–10% year-on-year. The recovery is largely driven by the oil-to-chemicals (O2C) business, which is benefiting from stronger refining margins, improved petrochemical spreads, a weak rupee and SEZ refinery gains.
Times Life · Jul 14 Rajasthan's Forgotten Village Road Trip Circuit: The Offbeat Desert Route Worth Taking The Circuit Nobody Told You AboutMandawa does not have a single traffic light. The painted havelis here, merchant mansions covered floor to frieze in frescoes of steam trains, European women, and Hindu gods, sit in a town most Rajasthan itineraries skip entirely. This is the Shekhawati region, and it is…
The Economic Times · Jul 13 Jio Platforms replaces CEO Kiran Thomas with Pankaj Pawar ahead of IPO Jio Platforms has appointed Pankaj Pawar as its new chief executive officer. This leadership change occurs ahead of the company's planned initial public offering. The company aims to raise approximately USD 4 billion through this significant stock offering. Jio Platforms seeks to unlock value from its diverse telecom and digital…
The Economic Times · Jul 4 Reliance market value now equals India's top five IT companies combined A sharp selloff in Indian IT stocks has reduced the combined market capitalisation of the top five IT firms to nearly match Reliance Industries at around ₹18 lakh crore. AI disruption fears, weak technology spending and macro uncertainty continue to pressure the sector.
The Economic Times · Jun 30 10 reasons why Nomura stays bullish on Bharti Airtel, sees 28% upside Nomura has named Bharti Airtel its top telecom pick, raising its target price to Rs 2,355 and calling it an 'ARPU compounder'. The brokerage highlighted the company's strong free cash flow generation, potential tariff hikes, and growth in its data centers, Airtel Money, and African businesses.
The Economic Times · Jun 30 How Ambani built Project Jupiter to launch India’s biggest IPO Reliance quietly executed Project Jupiter to prepare Jio’s IPO while managing regulatory changes, investor alignment and strict secrecy. The plan evolved from an offer-for-sale to a primary issue, enabling funds to remain with the company and positioning Jio for India’s biggest stock market listing.