Business
The latest business stories from GIST.

Jio lists at a 21% premium: what India's biggest-ever IPO actually tells us
Jio Platforms raised ₹30,213 crore, debuted at ₹1,358 a share and is now India's second most valuable listed company. Here's the gist, in plain numbers.

Reese Witherspoon's Hello Sunshine cuts about half its staff after buyback
Roughly 30 jobs go as Witherspoon and Mediawan take the company back from Candle Media, as per reports. A $900 million valuation in 2021 has shrunk to a fraction.