Reliance, however, aims for the 2025 Jio IPO to be India's biggest ever, overtaking Hyundai India's record $3.3 billion IPO this year, said the first source. Both the sources, who declined to be ...

The year was 2015 and Reliance Jio was emerging as a potential game changer. Reliance had tried to become a telecom player in the first 2G wave, even though this proved to be only a limited success.