Mukesh Ambani’s Reliance Jio Platforms has held talks with 13 marquee foreign investors to sell down 8 per cent of individual stakes in an upcoming IPO of the company, a Reuters report said. Jio ...

Among telecom operators, Reliance Jio Infocomm added 1.6 million subscribers, Bharti Airtel added 1.2 million, while Bharat Sanchar Nigam added 0.4 million subscribers. In contrast, Vodafone Idea lost ...

Allianz Jio Reinsurance Ltd (Allianz Jio Re), the 50:50 joint venture between Jio Financial Services Ltd (JFSL) and Allianz Group (Allianz), through its wholly-owned subsidiary Allianz Europe B.V., ...

Jio Platforms is likely to file its Draft Red Herring Prospectus (DRHP) with Sebi in the coming few days, setting the stage for what could be India’s largest-ever IPO. According to market sources, the ...

Based on a potential offering size of up to $4 billion for Jio Platforms Ltd., the total fee pool may be as high as $26 million, with the bulk likely to be shared among lead banks such as Kotak ...

AI Quick Read Mumbai: Allianz Jio Reinsurance has appointed Sonia Rawal as the chief executive officer of the joint venture, which has commenced operations on 26 March. Rawal brings 17 years of ...

The Reliance Jio IPO is being structured as an offer-for-sale, a common strategy in India where no new funds are raised by the companies and existing shareholders offload stakes, to be taken up by the ...

The venture will combine Jio Financial Services' local reach and digital capabilities with Allianz's global expertise in underwriting and reinsurance Allianz Jio Reinsurance Ltd begins operations in ...

Jio Platforms executives met with representatives of 17-19 investment banks this week before filing its draft papers with the regulator for the initial public offering (IPO).(Bloomberg) Billionaire ...

Bharti Airtel led wireless subscriber additions in January, adding about 4.4 million users, ahead of Reliance Jio’s 2.4 million, even as Vodafone Idea continued to lose subscribers during the month, ...

Shares of Jio Financial Services Ltd (JFSL) slipped 3.54 per cent to close at Rs 239.45 on Thursday. At this level, the stock has corrected 23.71 per cent over the past six months. On the operational ...