Jio IPO: What is Project Jupiter? How Mukesh Ambani’s Reliance worked behind closed doors for India's biggest offering

Reliance engaged with regulators to secure greater flexibility in IPO rules, encouraging key investors to divest their holdings, and designing the country's largest public offering while keeping its structure under wraps. The highly confidential initiative was internally code-named Project Jupiter, reflecting both its scale and strategic importance.

By TOI BUSINESS DESK