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The Nexus
BUSINESSMay 21 · 03:13 UTCBLOOMBERGSanjai P R, Baiju Kalesh, Julia Fioretti, Manuel Baigorri

Ambani’s $4 Billion Jio IPO Hits Roadblocks on Iran War Impact

Mukesh Ambani's planned $4 billion IPO for Jio is facing obstacles due to geopolitical tensions related to the Iran conflict. The IPO, which was expected to be a major financial milestone, is encountering headwinds from international instability affecting market conditions and investor sentiment.

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