Jio Platforms, backed by Meta and Google, has seen its IPO anchor book oversubscribed over 30 times, attracting $26.3 billion in bids for an $854 million portion. The company aims to raise up to $3.2 billion in India's largest-ever IPO by rupee value, valuing Jio at around $108 billion. Major institutional investors including BlackRock, Capital Group, and India's Life Insurance Corporation have secured shares. The public IPO opens Wednesday through Friday, marking a significant step as Jio positions itself as a tech company beyond traditional telecom services.
Jio Platforms' IPO has attracted significant investor interest, with anchor bids topping $26 billion. For readers following the broader technology sector, here is Pluang's market snapshot as of Oct 20, 2026 10:01 WIB: out of 150 priced US technology stocks, 118 rose and 28 fell today. Notable movers include Twilio Inc (TWLO) at USD 257.29 with a 5.29% increase and 100% buy order activity, Western Digital Corp (WDC) at USD 349.06 with a 5.14% increase and a 55% buy order activity, and Palantir Technologies Inc (PLTR) at USD 194.77 with a 4.70% increase and a 54% buy order activity.
Anteris Technologies received regulatory approval from Germany's BfArM to start enrolling patients in its global PARADIGM trial for the DurAVR Transcatheter Heart Valve. This approval allows the company to recruit patients at leading German centers, ...
XBiotech announced positive final efficacy results from its phase II TASKIN trial for vilamakitug (XB2001) in refractory metastatic colorectal cancer. The study, funded by the French National Cancer Institute, showed a 61.3% overall survival rate at ...
XBiotech announced positive final results from the Phase II TASKIN study, showing that adding Vilamakitug (XB2001) to standard chemotherapy improved 12-month overall survival to 61.3% in patients with refractory metastatic colorectal cancer, surpassi...
Solana recorded 8.92 billion non-vote transactions from July to September 2026, marking a 104% increase compared to the fourth quarter of 2025. These transactions exclude validator votes and include activities like transfers, trading, and decentraliz...
Brave has launched a payment system allowing AI agents to pay for individual Search API requests using stablecoins, without needing accounts or API keys. The company's BAT Roadmap 4.0 outlines plans to expand payment support across Brave products, in...
