Vodacom Group reported an 11.4% year-on-year revenue increase in Q1, driven by strong performance in its Egypt unit and growing adoption of financial services.
Reliance Jio Platforms is reportedly considering a public listing of around 2.5% of shares on the Indian stock exchange, move that could raise roughly US$4 billion and potentially mark India’s largest-ever IPO.
Jio Platforms has reportedly shortlisted Morgan Stanley and Goldman Sachs to steer its long-awaited initial public offering, as preparations gather pace for what is expected to be one of India’s biggest listings.