Ericsson has reported in a statement that millions of devotees have shared images and videos during the Mahakumbh and have been in touch with their family and friends. The Mahakumbh has been completed through already planned plans, advanced design, and real-time traffic monitoring in Mahakumbh. During the world’s biggest religious event, Reliance Jio has completed about two crore voice and about 40 crore data requests on its 5G network during Peak Day. About 55 percent of the total data traffic in Mahakumbh is handled with the help of Ericsson’s 5G solutions.
Mahakumbh started from 13 January. More than 66 crore people are expected to reach it. Reliance Jio may soon bring an initial public offer (IPO). Billionaire Mukesh Ambani’s company plans to raise around Rs 40,000 crore through listing in the stock market. This can be the largest IPO in the country.
Reliance Jio’s value can cost around $ 120 billion. Recently, a media report stated that along with selling existing shares in this IPO, new shares will also be released. It may also have pre-IPO placements for selected investors. Preparations are being done for this. However, Reliance Industries (RIL) has not confirmed this. If Reliance collects Rs 40,000 crore from the listing in Jio Stock Market, it will surpass the IPO of about Rs 27,870 crore after the Unit of Hyandai in the country. In October last year, Hyandai, who was among the big automobile companies, was listed in the stock market.
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