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AMBANI'S RELIANCE JIO DELAYS INDIA IPO BEYOND THIS YEAR

  • NEWS Desk Global
  • Jul 9, 2025
  • 1 min read

Indian telecoms and digital giant Reliance Jio Platforms, led by billionaire Mukesh Ambani, has decided not to launch its planned IPO this year, delaying one of the country's most anticipated stock offerings.

Valued by analysts at more than $100 billion, Jio wants to achieve higher revenue and a bigger subscriber base for its telecoms business while expanding its other digital offerings to boost its valuation before an initial public offering.

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