Jio Seeks Up to $3.2 Billion in What Could Be India's Biggest IPO

Jio Platforms is seeking to raise up to $3.2 billion in an offering that could become India's biggest IPO. The Reliance Industries digital arm set a price band of ₹1,065 to ₹1,119 per share for up to 270 million new shares, implying a valuation of about $108.3 billion at the upper end.