Reliance lines up banks for Jio Platforms IPO that could be India’s biggest
Reliance Industries Ltd. is working with half a dozen banks for the planned share sale of its telecom unit, Jio Platforms Ltd., with more advisers likely to be added soon, according to people familiar with the matter.The company, which owns India’s largest wireless operator, is working with BofA Securities, Citigroup Inc., Goldman Sachs Group Inc., JM Financial Ltd., Kotak Mahindra Capital Co. and Morgan Stanley on the offering, the people said, asking not to be identified as the information private.Jio is ...