Why jio Is Trending Today?

Reliance Industries Limited (RIL) held its 48th Annual General Meeting (AGM) in 2025, with notable announcements including a 2,000-bed medical city and major green projects for Mumbai, unveiled by Nita Ambani. The event, held in the metaverse, saw the participation of tech giants Mark Zuckerberg and Sundar Pichai, discussing AI collaborations. Despite plans for a Jio IPO and AI push, RIL's share price dropped by over 2%, with investors expressing caution. Mukesh Ambani also launched a new company in the FMCG sector and hinted at a potential retail IPO, while his children, Akash, Isha, and Anant, were praised for their roles in the company's operations.