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.
Oil Price Today (May 1): Crude oil holds above $110/barrel. What lies ahead?
Oil prices stay above $110 a barrel as the Middle East conflict enters its second month. The Strait of Hormuz remains blocked, impacting global supply.