Jio Platforms IPO: Share allotment for India's telecom giant begins on Oct 26

Share allotment for Indian billionaire Mukesh Ambani's Reliance Industries’ digital and telecoms arm Jio Platforms' IPO begins on Oct 26. It will start trading on the National Stock Exchange and Bombay Stock Exchange on Oct 28. This is now India's biggest IPO in rupee terms. The telecom giant hopes to raise up to US$3.2 billion through the share sale. This comes even as India's stock markets saw sharp drops on Oct 23. Neha Poonia filed this report for CNA from New Delhi. (Source: CNA (Channel NewsAsia) | Region: New Delhi, India)