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 ...