Markets
Ambani's Jio set to file for India IPO within days, FT reports
- Reliance Jio Infocomm could file draft papers for its expected $4 billion IPO within days
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Brief AI Generated summary
Reliance Jio Infocomm is reportedly preparing to file draft papers for a $4 billion IPO within days, potentially before Mukesh Ambani's annual speech to shareholders.
Read the full article for:
- Reliance Jio's potential $4 billion IPO filing.
- Timing of the IPO filing before Mukesh Ambani's speech.
- Sources cited by the Financial Times regarding the IPO.
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Reliance Jio Infocomm could file draft papers for its expected $4 billion IPO within days and just before billionaire Mukesh Ambani’s closely watched annual speech on Friday to Reliance Industries’ shareholders, the Financial Times reported on Wednesday, citing sources.
Reuters could not immediately verify the report.