Reliance (RIL IS) Chair Ambani says the Co., with Jio, is to invest INR 10tln over 7 years and JOI intelligence will build India computing infrastructure

Reliance's Chair Ambani announcing a significant INR 10 trillion investment over seven years, particularly in building India's computing infrastructure with Jio, reflects a strong bullish outlook on the tech sector and digital infrastructure.

Newsquawk StaffPublished 19 Feb 2026, 06:41 UTCOn the live feed at 06:21 UTC — 2 more headlines followed before this page went public

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Newsquawk Daily European Opening News - 19th February 2026

06:29

Ukrainian President Zelensky says he is aware that the US and Europe have been talking to Russia and we must be prepared to react to surprises

06:21

Reliance (RIL IS) Chair Ambani says the Co., with Jio, is to invest INR 10tln over 7 years and JOI intelligence will build India computing infrastructure

06:01

Nestle (NESN SW) FY 2025 (CHF): Net Profit 9.03bln (exp. 10.08bln), Revenue 89.5bln (exp. 89.7bln), Organic growth +3.5% (exp. 3.4%), sees FY26 organic growth between 3-4%; in advanced negotiations to sell remaining ice cream business to Froneri

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Renault (RNO FP) FY25 (EUR): Net -10.7bln, Revenue 57.9bln (exp. 57.7bln), operating margin 6.3% (prev. guided around 6.5%), sees FY26 operating margin around 5.5%

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Context

This move is likely aimed at enhancing market positioning in a growing digital landscape, which could attract further investment and strategic partnerships, influencing both equities and broader market sentiment positively.

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