Jio Platforms, which owns India's largest carrier and counts Meta and Google as investors, gets regulatory approval to float India's largest-ever IPO of ~$4B (Vallari Sanzgiri/The Hindu BusinessLine)

Jio Platforms, the digital arm of Reliance Industries that operates India’s largest carrier and counts Meta and Google among its investors, received regulatory clearance to launch an IPO valued at roughly $4 billion, the biggest public offering in the country’s history. The offering is backed by strong cash flows and debt-repayment capacity, which have driven investor confidence in the deal.