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Reliance Jio Platforms intends to launch a major IPO, offering about 2.5 percent of its shares to raise over USD 4 billion, supported by artificial intelligence initiatives and a robust market. The move could position India for its largest-ever public offering, pending regulatory approval and final pricing.
Adani Enterprises launched a 1000 crore public non-convertible debenture issue, fully subscribed within hours, with 500 crore base issue quickly taken. The offering attracted significant non institutional, high-net-worth and retail investor participation, offering 2-, 3-, and 5-year tenures at rates up to 8.9% per annum. CARE AA- and ICRA AA- ratings supported the issue.
Jio is offering all Unlimited 5G customers 18 months of free access to the Jio Gemini Pro Plan, now upgraded with Google’s latest Gemini 3 model. Valued at Rs 35,100, the benefit can be claimed through the MyJio app, making advanced AI technology more accessible to Indians.
To promote Micro, Small, and Medium Enterprises (MSMEs), the Central and State Governments are offering various incentive schemes. Let us learn about the Credit Card Loan scheme, which provides loans…
