Reliance Industries Ltd. is working with six banks, including BofA Securities and Goldman Sachs Group, on the planned IPO of its telecom unit, Jio Platforms Ltd.. The offering could be Indias largest, raising over $4 billion following recent government listing approvals.

Reliance said to work with six banks for Jio’s upcoming IPO

Synopsis

Reliance Industries Ltd. is working with six banks, including BofA Securities and Goldman Sachs Group, on the planned IPO of its telecom unit, Jio Platforms Ltd.. The offering could be India’s largest, raising over $4 billion following recent government listing approvals.

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