Reliance Industries (RIL) subsidiary Jio Financial Services (JFSL) market valuation eroded over Rs 31,000 crore in four days after listing on the exchanges. Amid likely selling by both passive funds …
While Asia’s richest billionaire Mukesh Ambani has hived off his financial services unit from incubator Reliance Industries, about 60% of the Rs 1.6 lakh crore-market capitalisation of Jio Financial Services …
Jio Financial Services, the demerged entity of Reliance Industries (RIL), will be removed from the FTSE All-World index and other global indices with effect from August 22, global index aggregator …
Retaining its price target, Macquarie, in a note, said that it did not ascribe value accretion from JFSL (erstwhile Reliance Strategic Investments). With the key tactical catalyst in the form …