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BLOOMBERG MARKETS — Ambani Heirs Face Tough Questions in Roadshow for Record Jio IPO · Oct 9, 1:12 AM ET
Bloomberg Markets

Ambani Heirs Face Tough Questions in Roadshow for Record Jio IPO

Jio Platforms Ltd.’s push for a record initial public offering has drawn investor skepticism over its lofty valuation aspirations, providing an early test for Ambani heir Akash who’s leading a major Reliance Industries Ltd. transaction on his own for the first time.

P R Sanjai, Rajesh Mascarenhas, Baiju Kalesh and Sangmi Cha
By P R Sanjai, Rajesh Mascarenhas, Baiju Kalesh and Sangmi Cha· Bloomberg· Published · Photo: P R Sanjai, Rajesh Mascarenhas, Baiju Kalesh and Sangmi Cha · Bloomberg

Rights: fair use excerpt

No AI assistance disclosed

Jio Platforms Ltd.’s push for a record initial public offering has drawn investor skepticism over its lofty valuation aspirations, providing an early test for Ambani heir Akash who’s leading a major Reliance Industries Ltd. transaction on his own for the first time.

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P R Sanjai, Rajesh Mascarenhas, Baiju Kalesh and Sangmi Cha · Bloomberg

Source & Credit

Reporting and photography credited as noted above. Originally published by Bloomberg.

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