Best of the week | A bell, family and a ₹13 trillion promise: the week Jio went public
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Jio Platforms Ltd stepped into public markets on Wednesday morning as Akash and Isha Ambani rang the bell.
- ✓The stock opened at ₹1,358 and closed at ₹1,417, making the firm worth ₹13 trillion.
- ✓Anant Ambani said, "For him, business is puja, and every puja ends with prasad." Jio showed steady growth.
Story at a Glance
- Category
- MARKET
- Reported By
- mint
- Reading Speed
- 12 Minute(s)
- Market Focus
- India Economy
From RBI's rate hike and retail inflation to Trump's H-1B visa fee, FPI sell-off, Sebi's investor protection fund and changes to India's staffing model.
Some weeks, the market hands you a plot twist. This week, it handed you a family portrait.
On Wednesday morning, four generations of the Ambani family stood on stage at the National Stock Exchange as Jio Platforms Ltd stepped into public markets. Akash and Isha rang the bell at 10am. Mukesh Ambani, by all accounts, was moved to tears as his son Anant took the mic.
Anant put it the way only an Ambani could. For him, business is puja (worship), he said, and every puja ends with prasad. Today, Jio is shared with India. Isha spoke of a father who has found the courage, again and again, to build what others called impossible. Akash looked ahead: having democratized data in its first 10 years, Jio now wants to do the same for AI, cloud, connected devices and even connectivity from space.
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