Mukesh Ambani Launches India's Biggest-Ever IPO
Billionaire Mukesh Ambani has launched what is described as India's biggest-ever IPO. An IPO is when a company first sells its shares to the public on the stock market.
Context
Context: Mukesh Ambani leads Reliance Industries, one of India's largest companies, spanning oil, retail and telecom. Jio, the telecom arm, is the business in focus, so the listing affects both investors and millions of mobile users.
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