Reliance Industries shares gain 3% as Jio files DRHP for India’s largest IPO (opens original article in a new tab)

Jio Platforms filed DRHP for India's largest IPO, with Reliance Industries shares in focus as the company outlines growth plans in AI, new energy, and retail expansion.

• Jio Platforms filed DRHP for India's largest IPO, which is a fresh offer with no OFS component
• Reliance Industries' shares are in focus ahead of the IPO, with Mukesh Ambani outlining growth plans in AI, new energy, O2C operations, and retail expansion
• The IPO will allocate 50% to QIBs and 35% to retail investors, with details on RIL shareholders and employees yet to be announced