Friday, 24 March, 2023

Reliance To Spin Off And List Its Financial Services

<p>The Indian oil-to-telecom giant Reliant to hive off and lists its financial services. This move was aimed for the company to enter and expand into financial services and build fintech for &quot;all Indians&quot;. The firm run by billionaire Mukesh Ambani said to press that it will be incubating, acquiring and inking joint ventures in the new unit, which is to be called the Jio financial services to expands its offerings to add payment, insurance, digital broking and asset management.</p>