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Reliance Retail’s IPO prep; SoftBank eyes new AI buys

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Reliance Retail is streamlining its ops as it gears up for a potential 2028 IPO. This and more in today’s ETtech Top 5.

Also in the letter:
■ Cybercrime under Maha’s watch
■ US commentator targets desi engineers
■ India among NTT’s top 5


Reliance Retail plans 2028 IPO; qcomm growth to form key pillar

Reliance Retail

Reliance Industries has set an internal target of 2028 for the initial public offering of Reliance Retail, recalibrating its strategy to sharpen profitability and improve valuation ahead of the listing, sources told us.

The new playbook:

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