Business

Reliance and a Jio Platforms IPO

What is good for India is good for Reliance. That is something Mukesh Ambani, chairman and managing director of Reliance Industries Ltd, espoused too, clearly taking on from his father, the late Dhirubhai Ambani. But is it possible that with Jio Platforms Ambani has created a company that’s too much for Indians to stomach?

Bloomberg News reported on Tuesday that Reliance was looking at listing Platforms—the subsidiary housing all the conglomerate’s digital businesses, as well as telecom operator Reliance Jio—overseas.

The way I understand, two reasons are being given.

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