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Reliance Jio opens India's largest-ever IPO, targeting $3.2 billion

21 October 2026 at 10:34
Reliance Jio Platforms, the telecoms and technology arm of Indian billionaire Mukesh Ambani's conglomerate, opened India's largest-ever initial public offering on Wednesday, seeking $3.2 billion from investors. The listing is the second mega IPO to reach Indian markets within a month, arriving despite subdued broader equity trading.

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