he's not crying, he's trying to keep it from getting away.

Billionaire Ambani cries tears of joy as Jio Platforms becomes second most valued Indian firm

Mukesh Ambani's Jio Platforms listed on the NSE on Wednesday at a 25% premium, giving it a market capitalization of 13.05 trillion rupees ($137.1 billion). The listing makes Ambani the owner of India's two most valuable companies, with Reliance Industries holding a 64% stake. Ahead of the debut, Ambani teared up as his children spoke of building Jio. The IPO proceeds will repay telecom debt.

Source: Billionaire Ambani cries tears of joy as Jio Platforms becomes second most valued Indian firm — CNBC

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Topics: mukeshambani · jio · reliance · ipo · india