Silicon Valley, sovereign funds and Ambani sit tight on their Jio stake in potential ₹35,000 crore offer
Meta, Google, Saudi Arabia’s sovereign wealth fund and a clutch of global private equity investors will not sell shares in Jio Platforms Ltd’s planned initial public offering (IPO), as the company moves ahead with what could become India’s largest listing.
The digital arm of Reliance Industries Ltd on Friday filed draft papers with the Securities and Exchange Board of India (Sebi) for a proposed fresh issue of 270 million equity shares.
