Sunday, August 20, 2023

Jio Financial Services, Reliance’s $20 billion spin-off, makes market debut

For years, the Indian market has been anticipating for a public debut of Reliance Retail and Jio Platforms. But in a surprise move late last year, Mukesh Ambani, Asia’s richest man and chairman of conglomerate Reliance Industries, put together a different offering — a little known non-bank financial subsidiary — for the market. That offering, […]

Posted from: this blog via Microsoft Power Automate.

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