Economic TimesLean R·
How Mukesh Ambani plans to spend Jio's mega Rs 27,500 crore IPO proceeds
Reliance Jio’s upcoming IPO aims to raise approximately $3 billion. The company intends to allocate Rs 27,500 crore to prepay debt, strengthening its balance sheet for future investments in 6G, artificial intelligence, broadband, and digital services expansion.
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