Jio is seeking a valuation of $114 billion, or about Rs 11 lakh crore, in its proposed initial public offering, according to the information provided.
The development comes as the Ambani heir has faced tough questions in meetings related to the record Jio IPO. The details of those discussions were not provided.
No further information was available on the timing, structure or current status of the IPO beyond the valuation being sought.
Source / Attribution: NDTV
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