Ambani’s $4 Billion Jio IPO Hits Roadblocks on Iran War Impact
Reliance Industries Ltd.’s plan to sell shares in digital arm Jio Platforms Ltd. — potentially India’s biggest-ever initial public offering — is running into a thicket of challenges exacerbated by...
By Sanjai P R, Baiju Kalesh, Julia Fioretti, Manuel Baigorri · Bloomberg Markets
Reliance Industries Ltd.’s plan to sell shares in digital arm Jio Platforms Ltd. — potentially India’s biggest-ever initial public offering — is running into a thicket of challenges exacerbated by the war in Iran.