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Reliance shareholders, creditors approve demerger of financial services arm

Reliance shareholders, creditors approve demerger of financial services arm

by AIP Online Bureau | May 4, 2023 | Health, Indian News, Life, Non-Life

The financial services arm will now be renamed to Jio Financial Services Limited and will undertake a host of financial services including setting up a life insurance as well as one general insurance company and the shareholders of Reliance Industries will receive one...
Jio Financial Services plans IPO in Oct

Jio Financial Services plans IPO in Oct

by AIP Online Bureau | Apr 29, 2023 | Indian News, Life, Non-Life, Wealth Management/ Philanthropy

Jio Financial Services along with host of various financial services companies will also float one life insurance and one general insurance company Mumbai: Reliance Industries Ltd. is planning to list its digital financial services unit,Jio Financial Services, as soon...

Mukesh Ambani ranks 9th in Forbes World’s Billionaires List 2023, highest in Asia

by AIP Online Bureau | Apr 5, 2023 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

While Forbes’ global count of billionaires slipped from 2,668 last year to 2,640 in 2023, the tally in India improved from 166 in 2022 to 169 this year. Forbes noted that falling stocks, wounded unicorns and rising interest rates translated into a down year for...
Reliance shareholders, creditors approve demerger of financial services arm

Mukesh Ambani 9th wealthiest in the world, Adani at 23rd rank

by AIP Online Bureau | Mar 22, 2023 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

Mukesh Ambani, Chairman and Managing Director,Reliance Industries’ In stark contrast to the 2022 M3M Hurun Global Rich List, India is at the top of the league table when it comes to wealth depletion Chennai: Despite an erosion of 20 per cent or $21 billion in...
Reliance shareholders, creditors approve demerger of financial services arm

Mukesh Ambani to foray into genome testing with a $145 kit

by AIP Online Bureau | Mar 2, 2023 | Health, Indian News, Regulation

The genome test, which is about 86% cheaper than other offerings available locally, can reveal a person’s predisposition to cancers, cardiac and neuro-degenerative ailments as well as identify inherited genetic disorders, he said. Billionaire Mukesh Ambani’s group is...
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