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In 2024, Jio Financial Services opened a subsidiary called Jio Leasing Services Ltd, an unrelated leasing services business. [11] The subsidiary's first customer was another promoter owned company, Reliance Retail. [12] This was a massive $4.4 billion deal and some commentators saw it as a way to prop up the revenue of the promoter's retail ...
Website. jio .com. Reliance Jio Infocomm Limited ( d/b/a Jio) is an Indian telecommunications company and a subsidiary of Jio Platforms, headquartered in Navi Mumbai, Maharashtra. It operates a national LTE network with coverage across all 22 telecom circles. Jio offers 5G, 4G and 4G+ services all over India.
Reliance Industries. Reliance Industries Limited is an Indian multinational conglomerate headquartered in Mumbai. Its businesses include energy, petrochemicals, natural gas, retail, entertainment, telecommunications, mass media, and textiles. Reliance is the largest public company in India by market capitalisation [ 5] and revenue, [ 6] and the ...
Kokilaben Ambani (mother) Relatives. Anil Ambani (brother) Tina Ambani (sister-in-law) Mukesh Dhirubhai Ambani (born 19 April 1957) is an Indian businessman and the chairman and managing director of Reliance Industries. [ 4] With an estimated net worth of $123.3 billion as of July 2024, he is the richest person in Asia and 11th richest in the ...
Jio Platforms Limited is an Indian multinational technology company, headquartered in Mumbai.It is a subsidiary of Reliance Industries.Established in 2019, it acts as a holding company for India's largest mobile network operator, Jio, and other digital businesses of Reliance.
Financials as of March 31, 2024. [update] [ 4] Reliance Retail is an Indian retail company and a subsidiary of Reliance Industries. Founded in 2006, it is the largest retailer in India in terms of revenue. [ 5] Its retail outlets offer foods, groceries, apparel, footwear, toys, home improvement products, electronic goods, and farm implements ...
Reliance Group is an Indian conglomerate, headquartered in Mumbai, India. The company, which was formed after Dhirubhai Ambani 's business was divided up, is headed by his younger son Anil Ambani. [ 1] Reliance Group has five listed companies, Reliance Power, Reliance Infrastructure, Reliance Home Finance, and Reliance Health.
Jio Financial Services (77%) State Bank of India (23%) Website. www .jiobank .in. Jio Payments Bank Limited is an Indian payments bank, it started operating in 2018 and is currently a subsidiary of Jio Financial Services, which was initially owned by Reliance Industries but was listed separately on stock exchanges in 2023.