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Arm valued at $65.24Bn after blockbuster IPO debut, shares soar by 25% before close

May 3, 2026 by besar

Yesterday, SoftBank’s Arm Holdings clocked a blockbuster initial public offering (IPO) – the biggest of the year – by raising nearly $5 billion and setting the tone for a strong comeback of the depressed IPO market. Now, it has made a rather explosive return to the public markets after its shares opened above the IPO … [Read more…]

Posted in: Business Tagged: 65.24Bn, Arm, blockbuster, close, debut, IPO, shares, soar, valued

Reliance to debut 5G wireless hotspot device ‘Jio AirFiber’ next month, announces Jio True5G Lab & more at 46th AGM

April 17, 2026 by besar

Reliance Industries Limited, led by Mukesh Ambani, once again made big Jio-centric announcements at its 46th annual general meeting that took place here in Mumbai today. As customary, investors awaited significant revelations during this annual event. The event was streamed live on the company’s website, social media platforms, and YouTube channels. Mukesh Ambani, chairman and … [Read more…]

Posted in: Internet Tagged: 46th, AGM, AirFiber, amp, announces, debut, device, hotspot, Jio, Lab, month, Reliance, True5G, wireless

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