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Jio Financial Services

Billionaire Mukesh Ambani Anticipates Imminent Listing of Financial Services Unit

by Craig Fedirighi
Billionaire Mukesh Ambani Anticipates Imminent Listing of Financial Services Unit

Reliance Industries Ltd. said it expects shares of its financial services business to be listed soon as the conglomerate seeks to propel its recently carved out unit into India’s largest …

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Categories Business

With a $20 billion arsenal, Mukesh Ambani successfully disrupts NBFC hierarchy with JFSL demerger.

by Craig Fedirighi
With a  billion arsenal, Mukesh Ambani successfully disrupts NBFC hierarchy with JFSL demerger.

Billionaire Mukesh Ambani, the king of disruption, is once again making waves in the financial world. Just as Bajaj Finance became India’s most valued NBFC after a $40 billion reverse …

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Categories Business

Reliance Initiates Special Trading Session to Establish Jio Financial Price

by Craig Fedirighi
Reliance Initiates Special Trading Session to Establish Jio Financial Price

BENGALURU: Shares of India’s Reliance Industries started trading on Thursday in a special session aimed at determining the share value of Jio Financial Services, its demerged financial services unit. Reliance’s …

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Categories Business

Analysts valuing Reliance spin-off Jio Financial Services at Rs 160-190 per share: Stock outlook

by Craig Fedirighi
Analysts valuing Reliance spin-off Jio Financial Services at Rs 160-190 per share: Stock outlook

The financial services business of India’s Reliance Industries will be valued at 160-190 rupees per share, according to estimates by five analysts, with the impending demerger boosting the stock price …

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Categories Business

Jio Financial Services spin-off from Reliance valued at Rs 160-190 per share

by Craig Fedirighi
Jio Financial Services spin-off from Reliance valued at Rs 160-190 per share

MUMBAI: The financial services business of India’s Reliance Industries will be valued at Rs 160-190 per share, according to estimates by five analysts, with the impending demerger boosting the stock …

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Categories Business

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