Reliance Jio IPO valuation likely at ₹11 lakh cr - Will Mukesh Ambani's RIL gain; Bharti Airtel, Vodafone feel heat?

Reliance Industries’ planned Jio Platforms IPO could raise about ₹30,200 crore at a valuation near ₹11 lakh crore. Motilal Oswal says the listing may influence telecom-sector valuations.