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Jio Finance and Allianz form 50:50 JV for non-life biz in India

Jio Finance and Allianz form 50:50 JV for non-life biz in India

by AIP Online Bureau | Apr 22, 2026 | Eco/Invest/Demography, Health, Indian News, Non-Life, Regulation

Mukesh D. Ambani, chairman and MD, Reliance Industries and promoter of Jio Finance JFSL and Allianz are also working towards a separate binding agreement for life insurance business in India. Mukesh D. Ambani, chairman of Reliance Industries and promoter of Jio...
Jio Finance and Allianz form 50:50 JV for non-life biz in India

Reliance Jio to launch IPO in first half of 2026, expand business overseas: Mukesh Ambani

by AIP Online Bureau | Aug 29, 2025 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

Mukesh Ambani,Reliance Industries Chairman and Managing Director Recently the company had announced 50:50 joint venture with Allianz Group for setting up an Indian reinsurance company. It had also signed agreement with Allianz to explore life and general insurance in...
India’s 100 richest tycoons surpass $1 trillion milestone, spot: Forbes list

India’s 100 richest tycoons surpass $1 trillion milestone, spot: Forbes list

by AIP Online Bureau | Oct 10, 2024 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy

Mukesh Ambani, the chairman and managing director of Reliance Industries Mukesh Ambani, the chairman and managing director of Reliance Industries, has once again claimed the top position on Forbes’ 2024 list of India’s 100 richest tycoons. His wealth increased...
Kusal Roy to become CEO of Jio Finance

Kusal Roy to become CEO of Jio Finance

by AIP Online Bureau | Apr 29, 2024 | Banking & Bancassurance, Indian News

Kushal Roy,Standard Chartered Plc’s India country manager Jio Financial, the holding company of Jio Finance also plans to launch a mutual fund and an insurance business in addition to a payments business. It has applied to the Reserve Bank of India to convert to a...

Mumbai overtakes Beijing to become Asia’s new billionaire capital

by AIP Online Bureau | Mar 26, 2024 | Eco/Invest/Demography, International News, Policy, Technology, Wealth Management/ Philanthropy

Leading the Indian billionaire list is Mukesh Ambani, the chairman of Reliance Industries, with a staggering net worth of $115 billion. Closely following is Gautam Adani, the founder of the Adani Group energy conglomerate, with assets valued at $86 billion, marking a...
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