Is India’s richest man betting on a tech cold war? Petrochemicals czar Mukesh Ambani plans to list his fledgling digital business overseas, Bloomberg News reported, citing people with knowledge of Jio Platforms Ltd’s initial public offering, which is planned for the next 12 to 24 months. Going to the New York Stock Exchange or Nasdaq would make sense. US-traded Chinese ...

Bloomberg Reliance Industries Ltd is working with banks on early preparations for an overseas listing of its digital and wireless business, people with knowledge of the matter said, after the unit attracted more than $10 billion of investment in a month. The conglomerate backed by Mukesh Ambani, Asia’s richest man, is preparing Jio Platforms Ltd for an initial public offering ...

Bloomberg JSW Steel Ltd, India’s most valuable steelmaker by market capitalisation, will focus on exports, cut costs and delay expansions as the coronavirus pandemic slashes demand at home. Once a bright spot for global demand, steel consumption in India plunged 91% last month while crude steel output tumbled 70% as a nationwide lockdown to combat the pandemic halted activity across ...