Business & Markets: India — Today

₹37,700 crore ($3.8 billion) — the size of Jio Platforms' upcoming IPO, which received SEBI approval on August 28, making it India's largest-ever stock market listing.

The Billion-Dollar Filing

• Jio Platforms got SEBI's final observations for a fresh issue of up to 27 crore equity shares, equivalent to about 2.9% of its post-issue equity base.
• The offering could value Mukesh Ambani's digital services arm at approximately $137 billion,...