The IPO, touted as India's biggest by a private company, will see Reliance Jio selling 2.5% stake. The company is likely to be valued between $100 billion and $120 billion, the people said.
With a binding 15-year contract in hand, the user explained, Reliance can easily approach banks with guaranteed revenue to secure loans, while Samsung gets "skin in the game" to ensure delivery.
Reliance Jio has introduced special voice-centric prepaid plans that focus mainly on calling and SMS services rather than ...
Discover how new graded IPO rules could pave the way for Jio and NSE listings—see what this means for investors and future ...
The company, which owns India’s largest wireless operator, is working with BofA Securities, Citigroup Inc., Goldman Sachs ...
Reliance Industries Ltd. is working with six banks, including BofA Securities and Goldman Sachs Group, on the planned IPO of its telecom unit, Jio Platforms Ltd.. The offering could be India’s largest ...
Reliance Industries is working with six banks on a potential Jio Platforms IPO that could value the telecom unit at $170 ...
India has relaxed its initial public offering (IPO) rules. The move could open the door for a major listing by Jio Platforms, ...
Motilal Oswal has initiated coverage on Jio Financial Services with a ‘buy’ rating and a target price of Rs 320, citing its digital ecosystem advantage, Jio-BlackRock AMC venture and payments platform ...
Delays by the government in officially finalizing changes to stock market listing rules are creating uncertainty around the ...
AJIO has collaborated with Jio Studios to launch an exclusive merchandise collection inspired by the spy-action film Dhurandhar. Featuring Ranveer Singh–signed pieces and a Sara Arjun-inspired range, ...