Reliance Jio's $100 billion IPO will come in 2025, retail unit's IPO later!

Mukesh Ambani-led Reliance Industries is preparing to launch an IPO of its telecom business, Jio, by 2025. Analysts estimate Jio's valuation at more than $100 billion. On the other hand, Reliance Retail's IPO is likely to come only after 2025. According to Reuters, this decision of the company (…)