Mukesh Ambani’s $4 billion Jio IPO hits Iran war roadblock

Reliance Industries' planned IPO for its digital arm, Jio Platforms, faces significant hurdles due to geopolitical tensions and market volatility exacerbated by the war in Iran. The conglomerate is reviewing the deal's structure, impacting timelines and potentially affecting investor returns amid a downturn in Indian stocks and capital flight.

Raccontata daeconomictimes.indiatimes.com