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

Following this issuance, the promoter group’s stake in JFSL will increase significantly, from the current 47.12% to over 54%. This capital infusion will be executed via a preferential issue of ...

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

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

Jio Financial approves ₹15,825 crore fundraise via warrants to strengthen promoter group stake and support growth in lending, ...

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

Some of the most expensive assets owned by Mukesh Ambani are the Rs 15,000 crore worth Antilia, IPL Mumbai Indians and his ...

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

According to Tata Steel Q1 results, the Tata Group company saw a net profit of Rs 2007 crore, beating market estimates, which ...

Mukesh Ambani and his daughter Isha Ambani have ventured into the Ayurveda beauty products sector, and launched the Puraveda ...

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

Reliance Jio added more than twice the wireless subscribers of rival Bharti Airtel in June, while cash‑strapped Vodafone Idea ...