1. Reliance urges employees to invest in Jio IPO with 5% discount on shares

Reliance urges employees to invest in Jio IPO with 5% discount on shares

India

  • Reliance has asked most of its nearly 4.2 lakh employees to consider investing in the Jio Platforms IPO.
  • Eligible employees get a 5% discount, with up to Rs 500 crore of shares set aside for them.
  • Teams asked staff whether they and their families had trading accounts, urging them to open some.
  • The IPO opens on October 21 and closes on October 23, at Rs 1,065 to Rs 1,119 a share.

Source: livemint.com

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