Jio Platforms secured Sebi approval for its substantial $3.8 billion initial public offering. This significant approval paves the way for India’s potentially largest stock market listing. The company plans to offer new shares, raising approximately $4 billion for its operations. Proceeds will primarily be used to reduce debt at its telecom unit, Reliance Jio Infocomm. This listing occurs amidst a strong revival in India’s primary market activity.<\/p>","protected":false},"excerpt":{"rendered":"
Jio Platforms secured Sebi approval for its substantial $3.8 billion initial public offering. This significant approval paves the way for India’s potentially largest stock market listing. The company plans to offer new shares, raising approximately $4 billion for its operations. Proceeds will primarily be used to reduce debt at its telecom unit, Reliance Jio Infocomm.… Read More »Jio Platforms gets Sebi nod for $3.8bn IPO, potentially India\u2019s biggest listing<\/span><\/a><\/p>\n","protected":false},"author":0,"featured_media":130841,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sitemap_exclude":false,"_sitemap_priority":"","_sitemap_frequency":"","neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","_themeisle_gutenberg_block_has_review":false,"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/posts\/130840"}],"collection":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/comments?post=130840"}],"version-history":[{"count":0,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/posts\/130840\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/media\/130841"}],"wp:attachment":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/media?parent=130840"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/categories?post=130840"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/tags?post=130840"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}