The IPO comes at a time when Jio’s operating performance remains robust. For the March quarter of FY26, the telecom giant reported a 13% year-on-year increase in operating revenue to Rs 44,928 crore, while net profit rose 13% to Rs 7,935 crore. EBITDA grew 18%, aided by a 230 basis-point expansion in operating margins.
Oil prices fall 1% as investors weigh pause in US strikes on Iran
Oil prices dropped as market participants assessed a pause in US strikes on Iran. Hopes for a diplomatic solution eased concerns about Middle East energy