Jio Platforms, Reliance Industries’ digital arm, has appointed Akash Ambani as managing director for five years starting April 9, 2026. The move was unanimously approved by the board and filed with the MCA. It comes as the company reportedly reworks its IPO route and pricing, with analysts valuing Jio Platforms between $200 billion and $240 billion.
Jio Platforms has appointed Akash Ambani as managing director for five years from April 9, 2026, according to MCA filings. The move comes ahead of an anticipated IPO as the company reportedly revises its public offering structure, weighing options beyond an offer-for-sale amid disagreements on valuation and pricing. Jio Platforms’ latest results show rising profit and revenue.
Your news, in seconds
Get the Beige app — every story in 60 words, updated hourly. Free on iOS & Android.
Mumbai Indians owner Akash Ambani reportedly left Wankhede Stadium midway through IPL 2026’s clash against CSK, as MI’s chase of 208 turned grim early. With wickets falling and the batting order struggling to gain momentum, the decision to exit became a talking point amid a night that failed to match MI expectations.
Swipe through stories, personalise your feed, and save articles for later — all on the app.
