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Billionaire Mukesh Ambani’s Jio Platforms Surges Over 27% On Market Debut

· forbes.com · popularity 38/100 · 0 similar stories today

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Summary

Shares of Jio Platforms—controlled by billionaire Mukesh Ambani’s Reliance Industries—surged more than 21.5% on its trading debut on the National Stock Exchange in Mumbai after raising 302 billion rupees ($3.2 billion) in its maiden share sale in the country’s biggest-ever IPO. Jio jumped more than …

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