Jio Financial Services falls 5% after listing as markets ‘look for clarity’
Shares tanked as investors started monetizing the holdings right away.
21 August, 2023•2 min
0
21 August, 2023•2 min
0
Getting your Trinity Audio player ready...
More in Business
Business
TVS’s premium push runs into starting trouble
Delays, quality complaints and thin deliveries of the Apache RTX 300 risk eroding trust just as India’s third largest two-wheeler maker tries to move upmarket.
You may also like
Business
Reliance’s growth engines may be losing steam
Telecom and retail, which account for half the conglomerate’s revenue and most of its valuation, aren’t accelerating fast enough to justify their price tags.
Business
Jio Financial is learning from Bajaj Finserv and that should worry Aditya Birla Capital
Alongside a decent set of numbers, the Mukesh Ambani-helmed financial services co. has articulated a long-term playbook that could reshape the competitive landscape of financial services.
Business
Reliance’s battery plans run into a China wall
Mukesh Ambani’s $10-billion bet faces a harsh reality: much of the clean-energy stack still sits overwhelmingly in Chinese hands.