Jio IPO likely in 2025; firm valuation estimated at $100bn

Jio IPO likely in 2025; firm valuation estimated at $100bn

Indian billionaire Mukesh Ambani targets a 2025 Mumbai listing for his telecom business Jio, valued by analysts at over $100 billion, and plans to launch his retail unit's IPO much later, two people familiar with the matter told Reuters.

Reliance Industries' boss Ambani hasn't update...


WhatsApp bans over 8.5mn accounts in India

WhatsApp bans over 8.5mn accounts in India

WhatsApp reported banning over 8.5 million accounts in India during September 2024, with 1,658,000 accounts being proactively banned before receiving user reports. This action is part of WhatsApp’s monthly compliance under the IT Rules 2021, which mandate...


Spanish PM seeks stronger ties with Indian film industry

Spanish PM seeks stronger ties with Indian film industry

Spanish Prime Minister Pedro Sanchez, on his recent visit to India, expressed a keen interest in strengthening ties with the Indian film industry, marking what he called “the beginning of a process of closer collaboration between the two filmmaking communities.” During a meeting in Mumbai on October 29, Sanchez met with key members of the Pro...