The Indian government has relaxed IPO regulations, reducing the minimum share allocation requirement for large company IPOs from 5% of paid-up capital to 2.5%. This move will facilitate the listing of Reliance Jio, which is expected to become India's largest IPO with a valuation exceeding $4 billion. Amid volatility in global oil markets, this listing is anticipated to significantly boost the performance of its parent company, Reliance Industries.

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