Reliance Jio IPO – Mukesh Ambani-led telco might be gearing up for India’s biggest IPO
Mukesh Ambani-led Reliance Jio might be gearing up for an initial public offering (IPO), which is expected to emerge as the country’s largest stock market debut, beating the state-owned Life Insurance Corporation of India’s listing. Jio had recently announced a tariff hike, increasing the prices of its prepaid plans by up to 25%. This was followed by Airtel and Vi announcing a price increase.
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