Reliance to hive off and list Jio Financial Services

Indian conglomerate Reliance will spin off and list its financial services, a move that it said will allow the oil-to-telecom giant to enter and expand into financial services such as consumer and merchant lending business. Reliance, run by billionaire Mukesh Ambani, said in a statement that it will be incubating (read: acquire) new firms in […] Reliance to hive off and list Jio Financial Services by Manish Singh originally published on TechCrunch...