Bharti Airtel Group led market cap gains among India’s top 10 business houses in Samvat 2081 with a 24.8% rise, driven by strong telecom profitability. The Bajaj and Mahindra groups followed, while HCL Tech and Tata saw declines.
Jio tells bankers it may file IPO prospectus as early as March
Reliance Industries is preparing for a massive IPO of its telecom arm, Jio Platforms. The company plans to file initial documents by the end of