An overseas listing may be on the cards for Jio Platforms, the digital and telecommunications subsidiary of Reliance Industries (RIL). According to sources aware of the development, work in this regard may commence soon after RIL sells 20-25 per cent in Jio Platforms and the government issues direct listing guidelines.
In the past one month, five global players have picked up a 17.12 per cent stake in Jio Platforms for a total consideration of Rs 78,562 crore, valuing the company at Rs 4.91 trillion (or $73 billion). Highly placed sources said once the new guidelines for ...
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