Reliance Industries Ltd. has started work on an initial draft prospectus for a listing of Jio Platforms Ltd., people familiar with the matter said, in what is expected to be India’s largest-ever initial public offering.The company is speaking informally with the banks to prepare a prospectus to file with the regulator as soon as possible, […]
Major domestic financial institutions, including mutual funds, insurance companies and pension funds, on Tuesday subscribed to Bharti Telecom’s twin bond issue worth Rs 10,500 crore, the largest issuance in the domestic market so far this fiscal. The parent of India’s second largest mobile network, Airtel, raised an identical Rs 5,250 crore through two bonds, a […]