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Jio Returns for Meta, Alphabet, KKR Crimped by Long Rupee Slide

Bloomberg Markets Thursday 15 October 2026, 04:52 UTC By Rajesh Mascarenhas 1 min read
Key Points

As Mukesh Ambani prepares for India’s biggest-ever initial public offering, the returns for the early global backers of Jio Platforms Ltd. are looking relatively modest, partly because of the rupee’s relentless multiyear slide.

As Mukesh Ambani prepares for India’s biggest-ever initial public offering, the returns for the early global backers of Jio Platforms Ltd. are looking relatively modest, partly because of the rupee’s relentless multiyear slide.
Jio Returns (PERSON) Meta (ORG) Alphabet (ORG) KKR (ORG) Mukesh Ambani (PERSON) India (LOCATION) Jio Platforms Ltd. (ORG)
Originally published by Bloomberg Markets Read original →

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