Jio Platforms, Reliance Industries’ digital arm, is set to launch India’s largest-ever IPO, aiming to raise up to $4 billion. The offering will be a primary share sale, with proceeds earmarked for debt reduction and corporate needs, marking a significant value-creation milestone for the company. This move signals a major event for the Indian stock market, with Jio expected to command a valuation exceeding $100 billion.
Related Posts
UP govt forms 3-member SIT to investigate Ram temple donation case
Uttar Pradesh government has formed a three-member SIT to investigate alleged embezzlement of donations at the Ram Temple in Ayodhya.…
Dark seas, floating drug bags, foreign smugglers: Inside Gujarat’s biggest cocaine bust
Gujarat ATS and Coast Guard seized 115kg of cocaine worth Rs 1,150 crore from a cargo vessel near Mundra port,…