Jio Platforms said to plan filing for IPO next month

Jio Platforms said to plan filing for IPO next month


Reliance Industries Ltd. is likely to file draft paperwork for the initial public offering of Jio Platforms Ltd. in May, incorporating earnings for the full fiscal year, according to people familiar with the matter.

The Mukesh Ambani-led conglomerate had earlier aimed to submit the filing by the end of March using figures for the quarter ended December. The timeline was pushed back because of a market downturn stemming from the war in Iran, the people said, asking not to be identified as the information is private.

The listing could become India’s largest-ever IPO and mark the first public offering by a major Reliance unit in nearly two decades. Reliance is currently in a silent period ahead of its earnings release due next week, making any filing during this time unlikely, the people said.

The results for the fiscal year ending March 31 will present a more up-to-date picture of Jio’s performance, including recent subscriber growth and fresh numbers for the key measure of average revenue per user, the people added. This could help position the offering more favourably with investors, the people said.

Reliance formally kicked off IPO preparations last month, appointing as many as 19 banks to manage the issue. Kotak Mahindra Capital Co., Morgan Stanley, JM Financial Ltd., Goldman Sachs Group Inc., HSBC Holdings Plc, Bank of America Corp. and Citigroup Inc. are among those selected for advisory roles, people familiar with the matter have said.

Details including the structure and timing remain under discussion and are subject to change, the people said.

Representatives for Reliance and Jio didn’t immediately respond to requests for comment.

 

More stories like this are available on bloomberg.com

©2026 Bloomberg L.P.

Published on April 17, 2026



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White House works to give US agencies Anthropic Mythos AI

White House works to give US agencies Anthropic Mythos AI


The US government is preparing to make a version of Anthropic PBC’s powerful new artificial intelligence model available to major federal agencies amid concerns that the tool could sharply increase cybersecurity risk, according to a memo reviewed by Bloomberg News.

Gregory Barbaccia, federal chief information officer of the White House Office of Management and Budget, told officials at Cabinet departments in an e-mail Tuesday that OMB is setting up protections that would allow their agencies to begin using the closely guarded AI tool, Mythos. 

The e-mail doesn’t say definitively that the various agencies will get access to Mythos, nor does it provide a timeline for when it might come or how they might use it. It tells top technology and cybersecurity chiefs to expect more information “in the coming weeks.” 

US officials have previously urged private sector organisations to use Mythos to improve their cybersecurity. The Treasury Department has been seeking access to Mythos in order to uncover its own software flaws, Bloomberg has reported.

Anthropic has only provided Mythos to a limited group of technology companies, financial firms and others, urging them to use it to assess their cybersecurity risk. The firm limited the release of Mythos amid concerns that hackers could weaponise its capabilities to steal data or sabotage victim networks.

Before its limited release of Mythos, Anthropic briefed senior officials across the US government on the model’s full capabilities, including both its offensive and defensive cyber applications, according to a company official who spoke on condition that they not be identified discussing the talks with government. The talks included staff at the Cybersecurity and Infrastructure Security Agency and the Center for AI Standards and Innovation, among others, the company official said, and Anthropic has continued to work with government on security issues arising from the model. 

Barbaccia’s message was sent as leaders from Washington to Wall Street are grappling with the possibility that the model could make it dramatically easier for hackers to find ways to break into sensitive computer systems in industry and government. 

“We’re working closely with model providers, other industry partners, and the intelligence community to ensure the appropriate guardrails and safeguards are in place before potentially releasing a modified version of the model to agencies,” Barbaccia wrote in the email, which had the subject, “Mythos Model Access.”

A White House official said in an email that the government continues to work and engage with AI companies to ensure their models help secure critical software vulnerabilities. They didn’t answer specific questions on the matter. 

Anthropic declined to comment. 

Neither Anthropic nor the government said what, if any, federal agencies have gotten early access to Mythos.

Barbaccia’s email went to officials with the Department of Defense, Department of Treasury, Department of Commerce, Department of Homeland Security, Department of Justice and Department of State, among several other agencies. 

The move to roll a version of Mythos out to the agencies signals the government’s continued interest in Anthropic’s tools despite a public spat and ongoing legal fight between the company and top Trump administration officials.

The Pentagon this year declared Anthropic a supply chain threat, under an authority normally reserved for foreign adversaries, over a dispute over artificial intelligence safeguards. The company won a court order last month blocking a ban on government use of the technology, after Anthropic argued the move could cost it billions of dollars in lost revenue.

Within Anthropic, company leaders became worried the model could be a national security risk after testers were able to use Mythos to turn up the types of critical bugs that it would normally take the world’s best hackers to uncover. These concerns prompted the company’s limited release of the model.

It’s similarly set off alarms in various parts of the US government.

Among officials focused on national defence, the introduction of Mythos has created profound uncertainty about how to evaluate cybersecurity risk, a person familiar with the matter previously told Bloomberg. Equipping an individual hacker with the model, or similar AI tools, would likely be a transformation equivalent to turning a conventional soldier into a special forces operator, the person said.

On the day, Anthropic publicly disclosed Mythos’ existence, US Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell convened Wall Street leaders for a meeting in Washington to urge them to use the model to find weaknesses in their own systems.

More stories like this are available on bloomberg.com

©2026 Bloomberg L.P.

Published on April 17, 2026



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एशिया के नए ‘किंग’ बने गौतम अडानी, मुकेश अंबानी को पछाड़ा, जानें कितने बिलियन पहुंची नेटवर्थ

एशिया के नए ‘किंग’ बने गौतम अडानी, मुकेश अंबानी को पछाड़ा, जानें कितने बिलियन पहुंची नेटवर्थ


Asia Richest Person Gautam Adani: एशिया को अपना नया बिजनेस किंग मिल गया है. गौतम अडानी मुकेश अंबानी को पीछे छोड़कर एशिया के सबसे अमीर शख्स बन गए हैं. यह अरबपतियों की रैंकिंग में एक नया बदलाव है. ब्लूमबर्ग बिलियनेयर्स इंडेक्स के ताज़ा आंकड़ों के मुताबिक, गौतम अडानी की कुल संपत्ति बढ़कर $92.6 बिलियन हो गई है. इस आंकड़े के साथ उन्होंने एशिया में टॉप स्पॉट हासिल कर लिया है.

अगर आंकड़ों पर नज़र डालें तो गौतम अडानी की नेट वर्थ अब $92.6 बिलियन तक पहुंच गई है, जिससे वे दुनिया के अमीरों की लिस्ट में 19वें पायदान पर आ गए हैं. वहीं मुकेश अंबानी अब $90.8 बिलियन की संपत्ति के साथ एशिया में दूसरे और वैश्विक स्तर पर 20वें स्थान पर खिसक गए हैं. दिलचस्प बात यह है कि पिछले एक ही दिन में अडानी की संपत्ति में करीब $3.56 बिलियन का बड़ा उछाल देखा गया था, जिसने उन्हें जीत की रेखा के पार पहुंचा दिया.

अडानी ग्रुप के शेयरों में देखी गई जबरदस्त तेजी 

इस बदलाव की मुख्य वजह शेयर बाजार का उतार-चढ़ाव रहा. जहां अडानी ग्रुप के शेयरों में जबरदस्त तेजी देखी गई, वहीं रिलायंस के शेयरों में सुस्ती और बाजार की अस्थिरता के कारण अंबानी की संपत्ति में इस साल अब तक लगभग $16.9 बिलियन की गिरावट आई है. इसके विपरीत अडानी ने इस साल अपनी कुल वेल्थ में $8.1 बिलियन जोड़े हैं. यह दिखाता है कि इंफ्रास्ट्रक्चर और एनर्जी सेक्टर में अडानी ग्रुप की पकड़ कितनी मजबूत हुई है.

एलन मस्क दुनिया के सबसे अमीर शख्स

सिर्फ भारत ही नहीं, पूरी दुनिया में अमीरों की रैंकिंग बदल रही है. दुनिया के सबसे अमीर व्यक्ति के तौर पर एलन मस्क ($656 बिलियन) अब भी सबसे आगे हैं. उनके बाद लैरी पेज और जेफ बेजोस का नंबर आता है. साल 2026 की शुरुआत से ही दुनिया के टॉप 20 रईसों में से कई की संपत्ति में गिरावट दर्ज की गई है, जिनमें बर्नार्ड अर्नाल्ट और वारेन बफेट जैसे नाम भी शामिल हैं.

यह भी पढ़ें-

एशिया छोड़ो, यूरोप भी बर्बाद! बस 6 हफ्ते का बचा जेट फ्यूल, ईरान युद्ध के बाद सबसे बड़ा संकट



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Tata Trusts विवाद में आया नया मोड़, मेहली मिस्त्री ने कर दी प्रशासक नियुक्ति की मांग

Tata Trusts विवाद में आया नया मोड़, मेहली मिस्त्री ने कर दी प्रशासक नियुक्ति की मांग


Tata Group Row: टाटा ग्रुप की सबसे बड़ी हिस्सेदार और चैरिटी संस्था टाटा ट्रस्ट्स में विवाद गहराता जा रहा है. दरअसल, पूर्व ट्रस्टी मेहली मिस्त्री ने सर दोराबजी टाटा ट्रस्ट (SDTT) के प्रशासन में गंभीर गैर-कानूनी कामों का आरोप लगाया है और ट्रस्ट को चलाने के लिए एक प्रशासक की नियुक्ति की मांग की है.

उन्होंने महाराष्ट्र चैरिटी कमिश्नर के पास शिकायत दर्ज कराते हुए कहा है कि ट्रस्ट में सबकुछ पारदर्शी तरीके से नहीं चल रहा है. उनका आरोप है कि ट्रस्ट के वर्तमान वरिष्ठ सदस्य नियमों के खिलाफ जाकर काम कर रहे हैं. मिस्त्री ने ट्रस्टी बोर्ड की वैधता पर सवाल उठाया और तर्क दिया कि हाल के दिनों में की गई नियुक्तियां महाराष्ट्र पब्लिक ट्रस्ट एक्ट 1950 की धारा 30A का उल्लंघन करके की गई थीं. ट्रस्टी बोर्ड में अब नोएल टाटा (चेयरमैन), वेणु श्रीनिवासन (वाइस चेयरमैन), विजय सिंह, डेरियस खंबाटा, भास्कर भट और नेविल टाटा शामिल हैं. 

क्या है मामला?

पिछले साल नवंबर में मेहली मिस्त्री ने टाटा ट्रस्ट्स से ट्रस्टी के तौर पर इस्तीफा दे दिया था. 28 अक्टूबर 2025 को ट्रस्ट में ट्रस्टी के तौर पर तीन साल का कार्यकाल समाप्त होने के बाद उनकी पुनर्नियुक्ति का प्रस्ताव रखा गया था, लेकिन बोर्ड के तीन सदस्यों- नोएल टाटा, वेणू श्रीनिवासन और विजय सिंह ने इसके खिलाफ वोट दिया था. इसके बाद अपने इस्तीफे पत्र में मिस्त्री ने कहा था कि वह टाटा ट्रस्ट्स की साख को किसी भी सार्वजनिक विवाद में नहीं लाना चाहते हैं.

हालांकि, पद से हटने के बाद उन्होंने महाराष्ट्र चैरिटी कमिश्नर को लिखे पत्र में आरोप लगाया कि अक्टूबर 2024 के एक प्रस्ताव के तहत सभी ट्रस्टियों को आजीवन पद पर रहने का अधिकार है. ऐसे में उन्हें हटाया जाना अवैध है. उनके हटने के बाद भास्कर भट और नेविल टाटा की उनकी जगह पर नियुक्ति की गई.

हालांकि, इस महीने की शुरुआत में मिस्त्री ने चैरिटी कमिश्नर के पास एक आपत्ति दर्ज कराई थी, जिसमें उन्होंने बाई हीराबाई जमशेदजी टाटा नवसारी चैरिटेबल इंस्टीट्यूशन में ट्रस्टी के तौर पर वेणु श्रीनिवासन और विजय सिंह की मौजूदगी पर सवाल उठाया था. उन्होंने इसका आधार यह बताया था कि वे पारसी नहीं हैं और न ही मुंबई के निवासी हैं, जैसा कि ट्रस्ट डीड में जरूरी है.

क्या चाहते हैं मिस्त्री?

मिस्त्री चाहते हैं कि ट्रस्ट के मौजूदा बोर्ड को हटाकर एक स्वतंत्र प्रशासक को नियुक्त किया जाए, जो निष्पक्ष होकर ट्रस्ट की जांच करें और उसे चलाए. कुछ ट्रस्टियों का यह भी मानना है कि इस अंदरूनी कलह की वजह से ट्रस्ट की छवि खराब हो रही है. ऐसे में सरकार अपनी तरफ से एक या दो निष्पक्ष सदस्यों को बोर्ड में शामिल करें ताकि बोर्ड की बैठकों में पारदर्शिता आए. 

ये भी पढ़ें:

विवादों के बीच TCS ने कर्मचारियों को दी खुशखबरी, किसी की नहीं जाएगी नौकरी, सैलरी भी बढ़ेगी 



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Crude oil futures fall as Trump hints at possible end to war with Iran

Crude oil futures fall as Trump hints at possible end to war with Iran


Crude oil futures traded lower on Friday morning after US President Donald Trump expressed hopes of a possible agreement to end the war with Iran.

At 10 am on Friday, June Brent oil futures were at $98.20, down by 1.20 per cent, and May crude oil futures on WTI (West Texas Intermediate) were at $93.54, down by 1.21 per cent. April crude oil futures were trading at ₹8676 on Multi Commodity Exchange (MCX) during the initial hour of trading on Friday against the previous close of ₹8856, down by 2.03 per cent, and May futures were trading at ₹8382 against the previous close of ₹8576, down by 2.26 per cent.

Speaking to reporters in Washington on Thursday, Trump said Iran has offered not to possess nuclear weapons for more than 20 years. “We’re going to see what happens. But I think we’re very close to making a deal with Iran,” he said.

Trump also announced a 10-day ceasefire between Israel and Lebanon. In a series of posts on the social media platform Truth Social, he said: “I just had excellent conversations with the Highly Respected President Joseph Aoun, of Lebanon, and Prime Minister Bibi Netanyahu, of Israel. These two Leaders have agreed that in order to achieve PEACE between their Countries, they will formally begin a 10 Day CEASEFIRE at 5 P.M. EST. On Tuesday, the two Countries met for the first time in 34 years here in Washington, D.C., with our Great Secretary of State, Marco Rubio. I have directed Vice President JD Vance and Secretary of State Rubio, together with the Chairman of the Joint Chiefs of Staff, Dan Razin’ Caine, to work with Israel and Lebanon to achieve a Lasting PEACE.”

In another post, he said he would be inviting Netanyahu and Joseph Aoun to the White House for the first meaningful talks between Israel and Lebanon. “Both sides want to see PEACE, and I believe that will happen, quickly!” he said.

Trump hoped that Hezbollah acts nicely and well during this important period of time.

It is to be noted that Iran had asked Lebanon’s inclusion in ceasefire deal earlier.

Meanwhile, Fatih Birol, Executive Director of International Energy Agency (IEA), told the Associated Press (AP) that the economic pain of the current scenario in West Asia will be felt unevenly. “The countries who will suffer the most will not be those whose voice are heard a lot. It will be mainly the developing countries. Poorer countries in Asia, in Africa and in Latin America,” he said.

Referring to his interactions with many government leaders across the world, he said many countries are going to face huge challenges, if the Strait of Hormuz is not open until the end of May. The challenges will go from the high inflation numbers to coming close to slow growth or even to recession in some cases.

Stating that Europe may be having six weeks or so of jet fuel left, Birol said: “If we are not able to open the Strait of Hormuz … I can tell you soon we will hear the news that some of the flights from city A to city B might be cancelled as a result of lack of jet fuel.”

April natural gas futures were trading at ₹247.90 on MCX during the initial hour of trading on Friday against the previous close of ₹246.60, up by 0.53 per cent.

On the National Commodities and Derivatives Exchange (NCDEX), May guargum contracts were trading at ₹11000 in the initial hour of trading on Friday against the previous close of ₹10912, up by 0.81 per cent.

May dhaniya futures were trading at ₹12880 on NCDEX in the initial hour of trading on Friday against the previous close of ₹12808, up by 0.56 per cent.

Published on April 17, 2026



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Nifty dips on profit booking; IT drags, defence and metals hold

Nifty dips on profit booking; IT drags, defence and metals hold


Equity benchmarks slipped in early trade on Friday after facing resistance at higher levels, with the Nifty 50 sliding into negative territory even as the Sensex held marginal gains, driven by diverging global cues and fresh selling in technology and financial stocks.

The Nifty 50 opened at 24,165.90, down from its previous close of 24,196.75, and slipped further to 24,149.90, a fall of 46.85 points or 0.19 per cent, by 9.16 am. The Sensex, which closed at 77,988.68 on Wednesday, opened at 77,976.13 and edged up to 78,128.35, a gain of 139.67 points or 0.18 per cent, in the same period.

Wipro was the session’s biggest drag after its Q4 earnings showed a marginal decline in net profit. The stock opened at ₹205 and fell to ₹204.46, down 2.76 per cent, on the highest traded value in the Nifty at ₹14,721.51 lakhs. The company also announced a ₹15,000 crore buyback at ₹250 per share, but the announcement was unable to arrest the selling. HDFC Life shed 2.23 per cent to ₹617.40 against its previous close of ₹631.50. HCL Technologies dropped 1 per cent to ₹1,435.70 from ₹1,450.20, while Tech Mahindra was down 0.90 per cent at ₹1,477.60 against ₹1,491.00. Hindalco, which had been among the previous session’s leaders, gave back some gains, slipping 0.85 per cent to ₹1,031.05.

On the gaining side, NTPC added 1.31 per cent to ₹395.90 against a previous close of ₹390.80. ITC rose 1.25 per cent to ₹307.20 from ₹303.40. Adani Ports climbed 0.85 per cent to ₹1,563.00 against ₹1,549.80, while Trent gained 0.84 per cent to ₹4,117.50 from ₹4,083.30. ONGC rose 0.69 per cent to ₹284.70.

Hariprasad K, SEBI-registered Research Analyst and Founder of Livelong Wealth, noted that the market is grappling with a divergence between global markets: …”Wall Street extended its rally, with the S&P 500 and Nasdaq closing at fresh highs… Asian markets appear less convinced, trading lower as investors remain wary of how durable these developments are.”

The session’s sectoral picture was mixed. Defence and metals found buyers, while banks, financials, and auto stocks saw selling pressure. The IT sector was under broad pressure following Wipro’s results, with multiple large-cap technology names trading lower. Devarsh Vakil, Head of Prime Research at HDFC Securities, noted that …”chip stocks, led by Nvidia, surged as renewed investor confidence in AI’s long-term growth potential drove buying interest”… on Wall Street overnight, though this sentiment had limited follow-through domestically given Wipro’s performance.

On the macro side, the Reserve Bank of India announced a ₹2 lakh crore seven-day variable rate reverse repo auction, a move aimed at absorbing excess liquidity from the banking system. Hariprasad K flagged that …”such actions tend to influence short-term interest rates and can have a broader impact on borrowing costs, thereby indirectly shaping consumption and investment trends.”

Foreign Institutional Investors were net buyers in the previous session, purchasing equities worth ₹382 crore, marking the second straight day of buying. Domestic Institutional Investors, however, sold equities worth over ₹3,400 crore, continuing their recent selling trend. Ponmudi R, CEO of Enrich Money, cautioned that …”after a phase of sustained outflows, recent sessions have shown signs of stabilisation and selective buying, offering some support to the market.”

Technically, the Nifty faces resistance between 24,350 and 24,400, a zone where selling emerged in the previous session after the index hit an intraday high of 24,400.95 before reversing sharply. Gaurav Udani, Founder of ThinCredBlu Securities, said …”fresh long positions should be considered only on a sustained move and close above 24,400, which would confirm strength and open up higher levels.”

India VIX remains above the 18 mark, pointing to elevated option premiums and an underlying layer of uncertainty. Jio Financial Services will also be closely tracked as it heads into its Q4 results, adding to the earnings-driven focus in the financials space.

Published on April 17, 2026



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