India's biggest listing comes amid volatility in Reliance's core oil business
Reliance Industries Chairman Mukesh Ambani is taking Jio Platforms public as the telecom business tries to remake itself as a tech company and Ambani plans for succession by his three children. (Nikkei montage/Source photos by Reuters and Getty Images)
SOUMYAJIT SAHA
October 21, 2026 14:00 JST
MUMBAI -- In September 2016, shareholders of the petrochemical giant Reliance Industries saw Chairman Mukesh Ambani take the podium at its annual general meeting behind a curious new red emblem.