Bank of America to acquire up to 49.9% stake in Jio Credit for ₹18,268 crore
Jio Credit is betting on digital innovation and fresh capital to transform credit delivery across India
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Jio Credit is betting on digital innovation and fresh capital to transform credit delivery across India
Jio Financial Services Limited (JFSL) and Bank of America Corporation (BofA) have signed a definitive agreement under which BofA will ... Read More
Bank of America invests around Rs 18,268 crore for 49.9% stake in Jio Credit
Bank of America to acquire 49.9% in Jio Credit in potential Rs 18,268 crore deal
Jio Financial Services and Bank of America have signed a definitive agreement under which BofA will acquire an initial 26.5% equity interest in Jio Credit through a preferential al...
"The upcoming IPO will be an important milestone in Jio's journey and will give investors an opportunity to participate in India's digital growth story," Ambani said.
Indian telecom operator Reliance Jio has partnered with Kotak Neo to introduce an exclusive investment offer for Jio users, aimed ... Read More
Reliance Industries Limited (RIL) just came out with Q1 FY27 results. This included the results and performance of Jio Platforms ... Read More
Reliance Jio reported steady Q1 growth driven by subscriber additions and digital services. Check earnings highlights, Jio Platforms IPO roadmap, valuations and analyst views.
The company plans to issue up to 27 crore fresh equity shares, equivalent to about 2.9% of its post-issue equity base, according to its draft prospectus. The offering could value J...
Jio Platforms Limited (JPL), the digital arm of Reliance Industries will soon start reaching out to investors for its record ... Read More
Akash Ambani, Reliance Jio’s Chairman, recently wrote an internal note for the Jio employees. This note was special because it ... Read More
Bharti Airtel, Vodafone Idea: Jio offered price protection against any future tariff hikes to every user who purchases its newly-launched one-time Jio Prime membership, costing Rs...
Reliance Industries’ promoters increased their stake to 50.48% in the June quarter through market purchases worth an estimated Rs 8,500–9,000 crore. The move signals confidence des...
Reliance Jio’s proposed Rs 37,700-crore IPO has received Sebi approval, bringing the much-awaited listing closer. While the offering could value Jio Platforms at nearly Rs 9.5 lakh...
Vallari Sanzgiri / The Hindu BusinessLine: Jio Platforms, which owns India's largest carrier and counts Meta and Google as investors, gets regulatory approval to float India's larg...
Reliance Jio, India’s largest telecom operator, is all set to proceed with its Initial Public Offering (IPO) plans. To be ... Read More
Jio Platforms secured Sebi approval for its substantial $3.8 billion initial public offering. This significant approval paves the way for India's potentially largest stock market...
India’s largest telecom operator, Reliance Jio, will soon go for the Initial Public Offering (IPO). The company is targeting an ... Read More
The asset management company, a 50:50 joint venture between Jio Financial Services and global asset management firm BlackRock, is confident of crossing ₹25,000 crore in AUM this fi...
Jio Financial Services (JFS) and Bank of America (BofA) announced a definitive agreement, under which the US banking giant would pick up 49.9 per cent interest and become a joint v...
Jio Financial’s lending arm is set for a major BofA investment, while MSCI changes, infrastructure orders, Airtel’s plan revisions and Krystal’s acquisition of Citelum India provid...
Reliance Jio, India’s largest telecom operator, is offering 30 days of free Embibe subscription to the users. This is a ... Read More
At the estimated issue size of about ₹37,700 crore ($3.8 billion), the offering would surpass Hyundai Motor India's $3.3 billion-equivalent listing in 2024 and become the largest I...
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