Summary
Jio Platforms Ltd, the digital services arm of Reliance Industries, has received Sebi approval for an initial public offering (IPO) aiming to raise approximately $3.8 billion, potentially making it India's largest stock-market listing. The IPO involves issuing up to 27 crore fresh equity shares, with proceeds primarily intended to repay borrowings of Reliance Jio Infocomm Ltd.
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