Reliance Jio’s upcoming IPO aims to raise approximately $3 billion. The company intends to allocate Rs 27,500 crore to prepay debt, strengthening its balance sheet for future investments in 6G, artificial intelligence, broadband, and digital services expansion.
Reliance Jio plans a mega IPO to raise Rs 27,500 crore, approximately $3 billion. The company will primarily use these funds to prepay debt, significantly strengthening its balance sheet. This strategic move will enable Jio to invest in future growth areas such as 6G, artificial…
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