Day: March 18, 2026

Telecom Industry

Reliance is reportedly collaborating with six banks in preparation for the anticipated IPO of Jio Platforms

March 18, 2026
Jio
Reliance Jio
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Summary: Reliance Industries Limited is working with six banks on the planned IPO of its telecom arm, Jio Platforms Limited, which could become India’s largest ever. The process has gained speed after regulatory changes allowing lower equity dilution, with estimates valuing Jio at up to $170 billion and a potential fundraising of about $4.3 billion. […]