Jio Financial Services Ltd. plans to raise as much as 158.3 billion rupees ($1.8 billion) from a share sale to its founders, ...

Billionaire Mukesh Ambani and his promoter group are set to invest Rs 15,825 crore into Jio Financial Services, increasing ...

The preferential allotment will be made on a private placement basis to two promoter group entities: Sikka Ports & Terminals ...

The fund raise will significantly help Jio Financial Services to scale its presence in lending, insurance, and asset ...

Reliance Industries Ltd. is proposing to sell just 5% of its Jio telecommunications unit in a potential listing that may ...

The promoter stake in Jio Financial Services (JFSL) will go above 54% from the current 47.12% after the infusion of Rs 15,825 ...

Jio Financial promoters, including the Ambani family and different group holding entities, together own 47.12% of the company ...

Reliance has not yet appointed bankers to lead the offering but has started early discussions with stock market officials.

Mukesh Ambani's Reliance Industries is mulling selling a 5 percent stake in Jio in an IPO that could raise approx Rs 52,000 ...

Jio Financial has been growing fast and is working on several new projects, including a partnership with BlackRock to start a ...

Mukesh Ambani-owned Jio Financial Service is set to announce a fundraise programme. According to an exchange filing, a board ...

Reliance Industries Limited (RIL), led by the country's richest man Mukesh Ambani, is planning to bring the biggest IPO ever.