Billionaire Mukesh Ambani launches India’s biggest-ever IPO
Reliance Industries mogul Mukesh Ambani is leading Jio Platforms, a low‑cost broadband and digital services firm, in India's largest initial public offering to date. The company plans to list on the stock exchange on Wednesday, seeking a market valuation of about £81 billion (roughly $103 billion). Proceeds are expected to fund expansion and strategic new ventures within the sector.