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RIL Jio IPO: Mukesh Ambani's Largest Sale
Reliance Industries' digital arm, Jio Platforms, launched India's largest IPO, aiming to raise $3.2 billion through the sale of new shares. The offering, expected to be the country's biggest share sale, comes amid a subdued market but strong institutional interest. The IPO highlights Jio's significant market position, though it faces competition and regulatory risks.
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