What Jio’s Listing Actually Changes

In this episode of Markets Today, we decode 3 big stories — Jio Platforms’ listing and what lies ahead, how E2E Networks and Netweb capture India’s AI boom, and RBI’s $75-80 billion defence of the rupee.

Jio Platforms Lists At A ~20% Premium Jio is now India’s second most valuable listed company, with 54 crore+ customers. The test is converting them into paying users of AI, cloud and satellite services.

E2E Networks vs Netweb Technologies E2E’s revenue rose 411% with a 76.6% EBITDA margin, while Netweb’s rose 336% with a 14.9% margin. E2E must sustain its unusually high margins, and Netweb must justify its valuation as component costs rise.

RBI’s Rupee Defence RBI has reportedly spent $75-80 billion since June, and forex reserves are about $721 billion. The real challenge is keeping the rupee’s fall orderly, not fixing it at a level.