Macro Finance
Jio’s IPO Surge Ends Tata’s Reign as Most Valuable India Group
Bloomberg Markets·October 28, 2026·1 min read
Jio Platforms Ltd.'s blockbuster stock market debut has propelled it and parent Reliance Industries Ltd. into rarified air, helping Mukesh Ambani's conglomerate topple Tata Group as India's largest by market value. The surge marks a historic shift in the country's corporate landscape, driven by investor enthusiasm for digital services.
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