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Asia's richest man Ambani announces what could be India's biggest share sale

BBC News·June 19, 2026
Asia's richest man Ambani announces what could be India's biggest share sale

Asia's richest man, Ambani, has announced a massive share sale that could be India's largest. The sale is expected to raise approximately $4 billion, with India's largest telecom operator being the primary beneficiary. Media reports suggest the sale will generate around £3.02 billion. Ambani's move is set to have significant implications for India's financial market.

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