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Tuesday, October 20, 2026Updated 15:44 UTC

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Billionaire Mukesh Ambani launches India’s biggest-ever IPO

Source: Guardian World · Oct 20, 2026 09:53 UTC

Trading floor of the New York Stock Exchange with banks of monitors — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

Low-cost broadband provider Jio Platforms aims for £81bn valuation when it floats on the stock market on Wednesday Business live – latest updates India’s second-richest man, Mukesh Ambani, is launching what could be the country’s biggest-ever initial public offering (IPO), despite a stock market downturn. Mumbai-based Jio Platforms, a telecoms company backed by Meta Platforms and Google, is hoping

Read the full story at Guardian World

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