Jio IPO Roadblock: How the Iran Conflict Stalls Mukesh Ambani’s $4 Billion Blockbuster Listing
The blockbuster Jio IPO is facing an unexpected and significant roadblock as geopolitical tensions and escalating war in Iran send shockwaves through global financial markets. Reliance Industries Ltd. (RIL), led by billionaire Mukesh Ambani, is reportedly slowing down its preparations and re-evaluating the structure of what was promised to be India’s biggest-ever initial public offering. … Read more