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The absence of clarity on the new company’s areas of operation and strategies, going into an unfamiliar and highly competitive space, has left investors confused.

The retired banker wants India’s top companies to invest in AI. But the capital, ambition, and urgency simply aren’t there.
FY26 numbers show that Airtel is stealing a march on its larger rival on most counts and is unrelenting in its ambition, casting a cloud on Jio’s valuation.
Telecom and retail both continue with their ‘hit and miss’, while O2C delivers an unsurprisingly poor performance in Q4. This is a year RIL will be glad to see the back of.