Jio

Digital services company Jio Platforms on Friday posted a 12.5 percent year-over-year rise in net profit at Rs. 5,098 crore in the June 2023 quarter on account of subscriber additions and better realisation per user. The company had posted…

Jio Infocomm, the telecom division of Reliance Industries, on July 21 reported standalone net profit for the quarter ended June at Rs 4,863 crore, registering a growth of 12.17 percent year on year. Compared to previous quarter, it climbed…

Digital services company Jio Platforms on Friday posted a 12.5% year-over-year rise in net profit at Rs 5,098 crore in the June 2023 quarter on account of subscriber additions and better realisation per user. The company had posted a net…

MUMBAI: Reliance Industries Ltd’s financial services unit was valued at about $20 billion after a special session conducted by exchanges to discover its trading value. Jio Financial Services Ltd was priced at Rs 261.85 ($3.19) apiece based…

A special 1-hour trading session in Reliance Industries shares will be held on the NSE on Thursday to discover its price as the company hives off its financial services arm. Here’s how a special price-discovery process works and what to…

As JFSL is being spun out of Reliance Industries, the share price of Reliance Industries will have to be adjusted accordingly.Reliance shareholders are set to get one share of Jio Financial Services for holding one share of RelianceShares…

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 stock had closed at Rs…

The winds of change blowing through the Indian credit industry might blow some off their perch. Mukesh Ambani’s Reliance Industries is targeting the digital lending sector for its next disruption with a separate entity named Jio Financial…

An anxious lot of digital lending startups and their investors are watching from the sidelines as Jio Financial Services gets demerged from Reliance Industries.Looking at the Reliance playbook, be it in telecoms or retail, it is obvious…

NEW DELHI: The National Stock Exchange (NSE) has scheduled a special pre-open session on July 20 for RelianceIndustries Ltd due to the demerger of its financial services business, Reliance Strategic Investments Ltd. As part of this…