Jio Returns for Meta, Alphabet, KKR Crimped by Long Rupee Slide
As Mukesh Ambani prepares for India’s biggest-ever initial public offering, the returns for the early global backers of Jio Platforms Ltd. are looking relatively modest, partly because of the rupee’s relentless multiyear slide.
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
