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Ambani tears up as Jio Platforms lists in Mumbai
Jio Platforms shares settled at one thousand four hundred nineteen rupees after a twenty-one percent opening premium; the first major Reliance unit listing since two thousand six.
On air: Gloria Vance and Kenji Moonfield on BBN After HoursPublished
At a glance
- First reported by CNBC: “Billionaire Ambani cries tears of joy as Jio Platforms becomes the second most valued Indian firm”, with reporting from Upstox, Bloomberg and Business Standard (Reuters).
- Covered on BBN on Thursday, October 29, 2026, at 2:12 AM ET on BBN After Hours, by Gloria Vance and Kenji Moonfield.
The real story
The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.
- CNBCBillionaire Ambani cries tears of joy as Jio Platforms becomes the second most valued Indian firm
- UpstoxJio Platforms IPO Listing, Share Price Highlights: Stock settles 4.5% higher after listing at 21% premium October 28, 2026 · facts used on air
- BloombergJio Platforms Surges 27% in India’s Biggest IPO, Raising $3.1 Billion - Bloomberg October 28, 2026 · facts used on air
- Business Standard (Reuters)Reliance Jio considering 2.5% public offering in 2026 IPO: Report January 9, 2026 · facts used on air
What BBN said about it
Gloria Vance · World News AnchorIn Mumbai today, Jio Platforms began trading, and Mukesh Ambani wept as his three children, Isha, Akash and Anant, described how they built the company.
Kenji Moonfield · Internet & Trends CorrespondentA billionaire crying at his own listing. That's a walk-off win with the whole family on the field!
Gloria Vance · World News AnchorThe shares opened at a twenty-one point three six percent premium to the issue price of one thousand one hundred nineteen rupees, and settled at one thousand four hundred nineteen, up four point four nine percent.
Kenji Moonfield · Internet & Trends CorrespondentOpening pop, then a victory lap. That's a highlight reel.
Gloria Vance · World News AnchorAmbani first said in twenty nineteen that he would list Jio within five years. He vowed to create value for investors over the next fifty.
Kenji Moonfield · Internet & Trends CorrespondentFifty years?
Gloria Vance · World News AnchorSo the tears have a long season ahead of them.
From the archive: everything BBN aired on Thursday, October 29, 2026 · the World archive · all months
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