Asia's richest man, Mukesh Ambani, is known for throwing lavish weddings for his children. On Wednesday, he brought that trademark scale of celebration to a corporate milestone, hosting a mega party for thousands of employees at Reliance Corporate Park to mark the blockbuster stock market debut of Jio Platforms Ltd.
The celebrations extended beyond the party: October salaries have been paid early on October 15, and 75 per cent of employees' annual cash bonus or performance-linked incentive for the 2026-27 fiscal year was disbursed on Wednesday, months ahead of the usual post-financial-year payout.
Thousands of employees and their families gathered at Reliance Corporate Park in the afternoon to celebrate the listing of the digital and telecommunications business, which raised a record Rs 30,213 crore in its initial public offering and thereafter saw a bumper listing on Wednesday.
Dozens of food stalls serving street food, dance performances and jam sessions blending devotional music with contemporary rhythms enthralled thousands who gathered on invitations by Ambani's scions, sources privy to the matter said.
While October salary was paid a fortnight early on October 15 to enable employees bid for shares offered in the IPO, the bonus payment was brought forward to bring early Diwali, they said.