More News12 May 2026 | 5:58 PMMumbai, May 12 (UNI) Reliance Industries Ltd-owned Reliance Jio Platforms Ltd is expected to file the draft red herring prospectus of its initial public offer (IPO) within the next fortnight or as even early as next week, as well as complete other regulatory formalities, so that the company can list on the stock exchange by July, according to investment officials.
Jio’s IPO valuation is expected to be in the range of $180 billion USD or Rs 15 lakh crore.
see more.. 12 May 2026 | 5:17 PMNew Delhi, May 12 (UNI) The Public Sector Banks (PSBs) continued to register strong financial performance during FY 2025–26, reflecting sustained business growth, improved asset quality, record profitability and strong capital position.
see more.. 12 May 2026 | 4:14 PMNew Delhi, May 12 (UNI) India has adequate crude and LPG stocks and no immediate supply crisis, union Petroleum Minister Hardeep Singh Puri said on Tuesday, while highlighting that the country is maintaining strong energy buffers despite global volatility in oil markets.
see more.. 12 May 2026 | 3:52 PMHyderabad, May 12 (UNI) Amazon Bazaar, the ultra-affordable shopping platform of Amazon, has witnessed significant growth in Andhra Pradesh and Telangana, with orders and customer engagement increasing sharply over the past year, according to Sameer Lalwani, Head of Amazon Bazaar, Amazon India.
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12 May 2026 | 2:44 PMNew Delhi, May 12 (UNI) Moody's Ratings on Tuesday slashed India's GDP growth forecast for the year 2026 by 0.8 percentage points to 6 per cent amid higher energy costs. The cut in growth forecast is primarily due to subdued private consumption, capital formation, and industrial activity amid higher energy costs.
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