CNBC
Billionaire Ambani cries tears of joy as Jio Platforms becomes the second most valued Indian firm
Thursday, October 29, 2026
Mukesh Ambani, chairman of Reliance Industries, became emotional during an event where his three children discussed the development of Jio Platforms before the company's listing. The children pledged to generate value for investors over the next 50 years. Jio Platforms subsequently became the second most valued Indian company by market capitalization.
Original reporting:
