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India's Jio Platforms targets $106 billion valuation in IPO, sources say

Business 10 Oct 2026
India's Jio Platforms targets $106 billion valuation in IPO, sources say

Indian billionaire Mukesh Ambani's Jio Platforms is targeting a valuation of 10.3 trillion rupees ($106 billion) in what would be the country's biggest listing, four bankers on the deal said ​on Friday.