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Jio Platforms IPO sets new benchmark for Indian markets, draws record institutional demand

Jio Platforms IPO sets new benchmark for Indian markets, draws record institutional demand

Jio Platforms has officially set a historic new benchmark for India's capital markets with its initial public offering (IPO), drawing unprecedented institutional interest and backing from the worldโ€™s most prominent investors. Jio Platforms has attracted aggregate institutional demand of approximately Rs 2,50,000 crore, marking the first time an Indian IPO has crossed this landmark threshold. This unprecedented response establishes a new benchmark for Indiaโ€™s primary capital markets and reflects the extraordinary scale of investor interest in Jio Platforms.ย ย  The Rs 8,110 crore anchor book attracted demand exceeding 30 times its size. This exceptional response represents a powerful endorsement of the…
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In 1608-09, a Mughal calligrapher signed the reverse of a courtierโ€™s portrait; after entering a British baronโ€™s collection by 1937, the album page sold in London for ยฃ571,500 in 2026, nearly five times its top estimate

In 1608-09, a Mughal calligrapher signed the reverse of a courtier’s portrait; after entering a British baron’s collection by 1937, the album page sold in London for ยฃ571,500 in 2026, nearly five times its top estimate

Photo credit: Christies.com A Mughal-era album page featuring a portrait of a courtier holding a book and calligraphy signed in 1608-09 has sold for ยฃ571,500 at an auction in London. The page, created more than four centuries ago, had entered the collection of a British baron by 1937 and later passed through several auctions before becoming the leading lot in a sale of Indian paintings and calligraphy in April 2026. According to the official website of British auction house Christie's, the painting is attributed to Manohar, a Mughal artist active in the early 17th century, while the calligraphy on the…
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Ahead of Jio Platforms IPO, a look at how a decade-old challenger outpaces telecom veterans

Ahead of Jio Platforms IPO, a look at how a decade-old challenger outpaces telecom veterans

Reliance Jio Platformsโ€™ upcoming initial public offering (IPO) has brought attention to how technology-led innovation can reshape an established industry. Launched in 2016, Jio has emerged as a major force in Indiaโ€™s telecommunications market, challenging established players through disruptive pricing, rapid 5G expansion and an integrated digital-services ecosystem. stark contrast, its older incumbent rival, Bharti Airtel, listed since February 2002, faces growing strategic challenges, highlighting how a younger market challenger has successfully reshaped India's digital ecosystem. Home broadband dominance Home broadband is a clear testament to Jioโ€™s innovation and execution. With over 300 million homes, India is a huge market…
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Jio targets developed and developing markets with home-grown telecom technology

Jio targets developed and developing markets with home-grown telecom technology

Jio Platforms is expanding its footprint beyond India by bringing its indigenous, end-to-end telecom technology stack to international operators in both developing and developed markets. Rather than utilising conventional models of building capital-intensive independent networks or supplying standalone software licenses, Jio intends to partner with established local operators through an asset-light, managed-services model.ย  ย  Jio plans to become Indiaโ€™s first global telecom tech exporter Jio aims to become the first Indian company to take a home-grown, end-to-end telecom technology stack to operators across developed and developing markets through a managed-services model. This ambition signals a potential shift in Indiaโ€™s role…
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From 14th entrant to market leader: Jioโ€™s journey from telecom disruptor to Indiaโ€™s technology powerhouse

From 14th entrant to market leader: Jio’s journey from telecom disruptor to India’s technology powerhouse

Jio entered the Indian telecom market as the 14th operator in 2016 and faced an intensely established industry where mobile data was expensive and limited. Rather than follow the industryโ€™s existing business model, Jio challenged it with a technology-led strategy built around affordable connectivity. Driven by a vision to make digital connectivity affordable and accessible, it overhauled industry economics through free voice calls and dramatic price reductions. According to Akash Ambani, data costs have plummeted from roughly Rs 228 per GB at launch to about Rs 4.90 per GB today, with average monthly customer consumption reaching 43.7 GB.ย  ย  Origin…
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Trump slams Emmanuel Macron over protests in France: โ€˜Paris is going to be Muslim city very soonโ€™

Trump slams Emmanuel Macron over protests in France: ‘Paris is going to be Muslim city very soon’

Paris: Amid violent protests in France, US President Donald Trump on Monday (local time) issued a stark warning regarding the future of Europe, saying that France and the broader continent face total collapse unless they immediately seal their borders and deport migrants who "hate their countries. "And, as you know, Paris is going to be a Muslim city very soon. And that wasnโ€™t the deal. That wasnโ€™t the deal. I told Emmanuelย Macron, you should close up your borders," Trump said. Trump attributes unrest in France primarily to immigration While talking to reporters outside the White House, President Trump attributed the…
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Yemenโ€™s Houthi rebels kill 53 soldiers in missile strike as Saudi Arabia faces fresh attacks

Yemen’s Houthi rebels kill 53 soldiers in missile strike as Saudi Arabia faces fresh attacks

Iran-backed Houthi rebels launched a ballistic missile attack on a military camp in Yemen's southern Shabwa province on Monday, killing at least 53 soldiers and injuring around 200 recruits, Yemeni military officials and the provincial government said. The Houthis acknowledged targeting the camp, in one of the deadliest attacks since fighting intensified again this summer. The attack marks a further escalation in Yemen's conflict, which has become another front in the wider war involving Iran that began in February. The renewed fighting has shattered a ceasefire agreement reached in 2022 that had largely halted hostilities in the country's civil war.…
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Rahul Gandhi Backs CJP Leaders Jailed After Protest

Rahul Gandhi Backs CJP Leaders Jailed After Protest

Leader of Opposition Rahul Gandhi has publicly backed Cockroach Janta Party (CJP) leaders Ashutosh Ranka and Saurav Das, who were sent to five-day judicial custody on Wednesday after being arrested during a protest at Jantar Mantar. ย  Ranka and Das were accused of trespassing at the venue after the Centre denotified Jantar Mantar as a designated protest site. The development marked Rahul Gandhiโ€™s first public expression of support for the CJP leadership. ย  โ€œWaving the Tricolour at Jantar Mantar in a peaceful protest is not a crime. Jailing youth for it is an act of cowardice,โ€ Rahul Gandhi said in…
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Video: Russian tourist rejects pani puri, tries bhel in Goa; her unexpected reaction gets people talking |

Video: Russian tourist rejects pani puri, tries bhel in Goa; her unexpected reaction gets people talking |

Russian tourist rejects pani puri, tries bhel in Goa A Russian tourist's food experience in Goa has sparked a conversation online after she tried bhel and shared her thoughts on the Indian snack. While she seemed to enjoy the dish, her comparison with poha and her dislike of pani puri caught viewers' attention. Social media users have since shared their own opinions on the snack and her reaction.Russian tourist tries bhel at a restaurant in GoaThe tourist was first offered pani puri by a server, but she declined, saying she did not like it. She was then recommended bhel and…
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India issues advisory to its nationals in Italy amid protests, urges them to exercise caution, avoid crowded areas

India issues advisory to its nationals in Italy amid protests, urges them to exercise caution, avoid crowded areas

Rome: The Indian Embassy in Rome on Monday advised Indian nationals across Italy to exercise caution and avoid crowded areas amid protests and demonstrations in several cities. The embassy urged Indians to remain vigilant and take necessary precautions in view of the ongoing demonstrations. The protests against the rising cost of living began peacefully across several cities on Sunday. In Milan, rioters clashed with police, looted stores and set property ablaze. Indian Embassy issues emergency numbersย  The embassy, in a social media post, said there were protests and demonstrations last week in some Italian cities. "There were protests and demonstrations…
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