Reliance Jio heading for an IPO? Tariff hikes, 5G monetisation moves hint at listing; could be India's largest

Reliance Jio Infocomm’s tariff hike and 5G monetisation hint at a major IPO. Based on the latest tariff hike and 5G monetisation efforts, Jefferies values Jio at approximately $133 billion (Rs 11.11 lakh-crore). At this valuation, Jio's IPO could become India's largest to date.