
Reliance Jio, India’s largest telecom operator, will soon go for the stock market listing. Currently, the company is under Reliance Industries Limited (RIL). Now, as per a report, more than half a dozen banks are working on the IPO of the platform. These banks include – BofA Securities, Citigroup, JM Financial, Goldman Sachs Group, Morgan Stanley, and Kotak Mahindra Capital. Reliance is also waiting for the norms to be updated by the government. Jio wants to only float 2.5% stake in the market, as that would already be quite large for India to…

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