Baiju Kalesh

Coca-Cola Co. is considering filing a draft prospectus in December for an initial public offering of its Indian bottling unit, according to people familiar with the matter.

Coca-Cola Co. plans to submit a draft prospectus by December for the anticipated IPO of Hindustan Coca-Cola Beverages Pvt.

Jio Platforms Ltd. is likely to seek a valuation of about 11 trillion rupees ($114 billion) in its planned initial public offering, according to people familiar with the matter, falling short of earlier expectations for what may still be the country’s largest-ever listing.

Jio Platforms Ltd.’s push for a record initial public offering has drawn investor skepticism over its lofty valuation aspirations, providing an early test for Ambani heir Akash who’s leading a major Reliance Industries Ltd. transaction on his own for the first time.

Jio Platforms Ltd. is set to price its shares at 1,065 rupees to 1,119 rupees apiece in its planned initial public offering, according to people familiar with the matter.

Mitsubishi UFJ Financial Group Inc. is studying ways to eventually gain majority control of Shriram Finance Ltd., in a deal that would mark the largest foreign investment in India’s financial sector if it goes ahead, people familiar with the matter said.

Jio Platforms Ltd. has drawn more than $20 billion in bids for what could be India’s biggest-ever initial public offering, according to people familiar with the matter.

Jio Platforms Ltd has drawn more than US$20 billion in bids for what could be India's biggest-ever initial public offering, according to people familiar with the matter.

Fairfax Financial Holdings Ltd.’s acquisition of a controlling stake in IDBI Bank Ltd. was the biggest foreign investment in India’s banking sector. It was also unusual in that no major investment banks were involved.

Oravel Stays Ltd., the SoftBank Group Corp.-backed parent of travel platform OYO, is facing investor pushback over the valuation for its planned initial public offering, according to people familiar with the matter, the latest Indian startup to encounter skepticism over pricing.