Jio Platforms secured Sebi approval for its substantial $3.8 billion initial public offering. This significant approval paves the way for India's potentially largest stock market listing. The company plans to offer new shares, raising approximately $4 billion for its operations. Proceeds will primarily be used to reduce debt at its telecom unit, Reliance Jio Infocomm. This listing occurs amidst a
Install BITZ Club
Add to your home screen for quick access to your membership card and benefits.
Install BITZ Club App
Quick access to membership, bookings & offers
Indian Destinations
Jio Platforms gets Sebi nod for $3.8bn IPO, potentially India’s biggest listing
Jio Platforms secured Sebi approval for its substantial $3.8 billion initial public offering. This significant approval paves the way for India's potentially largest stock market listing. The company plans to offer new shares, raising appro
28 August 2026domestic1 views
Tags:#travel#auto
More from Indian Destinations
Indian Destinations
Why India and China are betting on the Northern Sea Route & why it matters
India’s interest in the Northern Sea Route is being shaped by two factors: its commercial potential and the need to broaden trade connectivity. The NSR also offers a clear geographical advantage on certain Asia-Europe trade lanes.
Indian Destinations
Oil prices today: Crude heads for weekly losses as Hormuz flows remain choppy
Oil prices remained largely steady on Friday. Both Brent and WTI benchmarks were set for sharp weekly declines. Stalled US-Iran diplomatic talks and uneven Hormuz crude flows influenced traders. India's MCX crude futures also traded lower o
Indian Destinations
Govt achieves 78% of FY27 disinvestment, asset monetisation target in 5 months
The government has raised over Rs 62,000 crore through disinvestment and asset monetisation. This figure represents 78% of the full-year budget target for FY27. The Life Insurance Corporation stake sale contributed significantly to these pr