EconomyHow Ambani’s Jio became India’s second-largest company
Jio Platforms raised $3.2bn in India’s largest-ever IPO. Its shares jumped 21 percent on debut, valuing the company at $131.5bn and making it India’s second most valuable company, behind parent Reliance Industries. Jio disrupted the telecoms market with free data and now serves more than 530 million customers while expanding into digital services.
How Ambani’s Jio became India’s second-largest company
Economy