Billionaire Mukesh Ambani launches India’s biggest-ever IPO
Low-cost broadband provider Jio Platforms aims for £81bn valuation when it floats on the stock market on Wednesday Business live – latest updates India’s second-richest man, Mukesh Ambani, is launching what could be the country’s biggest-ever initial public offering (IPO), despite a stock market downturn. Mumbai-based Jio Platforms, a telecoms company backed by Meta Platforms and Google, is…
We haven't written up this one. Guardian Business has the full story — the link below goes straight to it.