Stock Fundamentals

Jio — in the money

Anand Kalyanaraman | Updated on June 07, 2020

Jio on a roll

Mega IPO goal?

Raking money by the tonne

From big names, one by one.

Eight rounds, more mounting

₹98,000 crore and counting.

Silver Lake’s now bought twice

Mubadala and ADIA, too, thought it was nice.

KKR, Vista, GA

Facebook led the way.

Microsoft, Saudis now coming?

That’s what the street is humming.

Nasdaq listing beckoning?

Tech valuation in the reckoning.

Rights done, debt set to slash

The RIL stock took off in a flash.

Now near its all-time high

Sceptics wonder why.

Jio’s competition not sitting still

Though they face a task uphill.

Airtel-Amazon match?

Voda-Idea may get a Google patch.

Published on June 07, 2020

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