https://www.live-feeds.com/feed/billionaire-ambani-cries-tears-of-joy-as-jio-platforms-becomes-the-second-most-valued-indian-firmContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/billionaire-ambani-cries-tears-of-joy-as-jio-platforms-becomes-the-second-most-valued-indian-firmhttps://www.live-feeds.com/feed/billionaire-ambani-cries-tears-of-joy-as-jio-platforms-becomes-the-second-most-valued-indian-firm#u166721Sun, 01 Nov 2026 04:22:11 +0000Mukesh Ambani's Jio Platforms has become India's second-most valued firm after a record IPO, with shares surging up to 21% on the Mumbai stock exchange. The listing furthers Ambani's plan to turn Reliance Industries from an oil-and-chemicals conglomerate into an 'everything company' spanning consumer products and technology. Jio's valuation has reached $137 billion.Why it mattersJio Platforms' IPO has drawn significant attention as it marks a major milestone for Reliance Industries and Mukesh Ambani's vision for the company. The surge in Jio's valua