LONDON/MUMBAI/HONG KONG: Reliance Jio Platforms is considering an initial public offering this year that would see 2.5% of the company floated, a move that could make it the country’s biggest ever IPO, valued at more than $4 billion.The company, led by Mukesh Ambani, is the parent company of India’s largest telecom operator Reliance Jio, with […]
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, […]