Mukesh Ambani-led Reliance Industries Ltd (RIL) is planning to take Jio Infocomm public. According to a Bloomberg report, the conglomerate is looking to raise ₹52,200 crore by selling a 5% stake in the company. The company is holding informal talks with SEBI to secure regulatory approval. If approved, the move would reportedly break all previous IPO records in India.
short by
Dharini Mudgal /
03:43 pm on
30 Jul