Jio IPO: Bharti Airtel shares jump 2% as Mukesh Ambani says Jio to file DRHP today

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Bharti Airtel shares rose over 2% after Mukesh Ambani announced Jio Platforms will file its DRHP with SEBI. The proposed IPO could become India’s largest. Jio’s strong subscriber base and valuation outlook highlight intensifying competition with Airtel in the telecom and broadband space.