iWorld
Reliance Jio’s 2025 IPO poised to shatter Indian market records
Mumbai: In a move set to redefine India’s financial landscape, Reliance Jio Infocomm, the telecommunications arm of Mukesh Ambani’s Reliance Industries Ltd (RIL), plans to launch its initial public offering (IPO) in 2025. Analysts project the company’s valuation to exceed $100 billion, positioning it as potentially the largest IPO in India’s history.
Reliance Jio has rapidly ascended to become India’s leading telecom operator, boasting 479 million subscribers. This growth underscores its robust business model and revenue streams, making it a prime candidate for public listing. A Reuters report highlights that RIL has “firmed up plans to launch the Reliance Jio IPO in 2025,” reflecting the company’s confidence in its market position.
In July, Global brokerage firm Jefferies estimated Jio’s IPO valuation at $112 billion, suggesting a 7-15 per cent upside for RIL’s share price. While the telecom arm gears up for its market debut, Reliance Retail’s IPO is expected to follow at a later date. The company aims to address internal operational challenges before proceeding with the retail unit’s public offering. This strategic sequencing ensures that each segment is optimally positioned for investor engagement.
The anticipated IPO aligns with Ambani’s 2019 announcement to list both Reliance Jio and Reliance Retail within five years. The forthcoming public offering is poised to attract significant investor interest, given Jio’s market dominance and growth trajectory.
As the Indian IPO market experiences a surge, with 270 companies raising $12.58 billion by October 2024, Jio’s entry is set to be a landmark event. The company’s strategic initiatives and market leadership position it to make a substantial impact on the financial markets.
iWorld
Subedaar puts Indian original cinema on the global map with record-breaking Prime Video debut
MUMBAI: Prime Video has a runaway hit on its hands. Subedaar, the gritty action drama starring Anil Kapoor, has stormed to become the most-watched Indian original movie on the platform in its opening weekend, cracking the Top 10 across 31 countries and landing in 91 per cent of India’s pin codes within days of its March 5 premiere.
The film, a visceral, emotionally-charged story of a retired soldier, Subedaar Arjun Maurya, wrestling with civilian life amid crime and corruption, has struck a nerve. Directed by Suresh Triveni and co-starring Radhikka Madan, Mona Singh, Saurabh Shukla, Aditya Rawal, Faisal Malik, and Khushboo Sundar, the film is already being hailed as a showcase for what Indian original storytelling can achieve on the world stage.
“Subedaar’s success is a reflection of the growing scale and global resonance of Indian storytelling,” said Nikhil Madhok, director and head of originals at Prime Video India. “The film’s emotional narrative, its rooted portrayal of a soldier confronting his toughest battles beyond the battlefield, has struck a chord. Anil Kapoor delivers an acting masterclass, while Suresh Triveni’s solid direction and great performances from the ensemble cast have resulted in love and appreciation from customers across the world.”
Kapoor, 62, has been here before, but rarely at this altitude. Written by Triveni and Prajwal Chandrashekar, with dialogues by Triveni, Saurabh Dwivedi, and Chandrashekar, the film is a production by Opening Image Films in association with Anil Kapoor Film & Communication Network (AKFCN), produced by Vikram Malhotra, Kapoor, and Triveni.
Subedaar streams exclusively on Prime Video in Hindi, Tamil, and Telugu across India, and in over 240 countries and territories worldwide.
For Prime Video, the numbers tell the real story: one weekend, one film, a global footprint, and a very loud signal that Indian original cinema is no longer just travelling well. It’s arriving.
