The company is seeking commitments Tuesday for as much as 50 billion rupees ($671 million) of notes maturing in five years at a coupon of 6.20%, according to people familiar with the matter. Jio last tapped the local-currency bond market in July 2018, and is planning to use the proceeds from the current proposed deal to refinance financial liabilities.
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FTSE pares gains; food inflation in focus The FTSE 100 was up 0.2% at 7,485.60. Richard Hunter, head of markets at Interactive Investor, said: “It remains to be seen whether
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