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Ambani’s Jio Surges in Debut After India-Record IPO

Bloomberg Markets Wednesday 28 October 2026, 04:59 UTC 1 min read
Key Points

Jio Platforms Ltd. surged in its trading debut on Wednesday after billionaire Mukesh Ambani’s telecom giant raised a record $3.1 billion in India’s biggest initial public offering, defying a poor track record for the country’s mega deals.

Jio Platforms Ltd. surged in its trading debut on Wednesday after billionaire Mukesh Ambani’s telecom giant raised a record $3.1 billion in India’s biggest initial public offering, defying a poor track record for the country’s mega deals. (Source: Bloomberg)
Ambani (PERSON) Jio Surges (PERSON) India (LOCATION) IPO Jio Platforms Ltd. (ORG) Mukesh Ambani (PERSON) Bloomberg (PERSON)
Originally published by Bloomberg Markets Read original →

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