Ambani Leverages Reliance Workforce to Boost Jio's $3.2 Billion IPO
Reliance Industries, led by Ambani, is utilizing its massive workforce to support Jio's record $3.2 billion IPO. The IPO has attracted strong demand worth Rs 2.5 lakh crore from major investors including GIC, Norges, ADIA, and QIA. Jio aims to focus on technology monetisation and achieve debt-free status, appealing especially to young Indian investors.
Bloomberg.com·