Tag: Jio Shares listing

BENGALURU: Jio Financial Services (JFS), the financial arm of Indian conglomerate Reliance Industries, is set to be listed on the stock exchanges on August 21, per a stock exchange circular on Friday.Billionaire Mukesh Ambani's Reliance had last month spun off JFS, with the market ascribing a valuation of around $20 billion.Ambani has said Jio Financial Services aims to provide simple, affordable and innovative digital first solutions.In July, JFS and US-based BlackRock said they would form an equal joint venture to launch asset management services in India.Reliance's shares reversed...