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 this month. This could be India’s largest ever IPO. Seventeen bankers have been appointed to manage the issue. The offering is expected to be a secondary share sale by existing investors.
Silver rockets Rs 13,500/kg, gold gains Rs 3,700/10 gms as Iran war ceasefire lifts inflation worries. Right time to buy?
Gold and silver prices surged on Wednesday, mirroring global gains as U.S. President Trump’s ceasefire with Iran eased inflation fears. MCX silver futures jumped 6%,