Reliance Jio Eyes Record-Breaking IPO, While Reliance Retail Awaits Operational Overhaul

With a market capitalization of just Rs 325 Crore, the stock has displayed remarkable performance in recent times, delivering  an impressive 288 per cent return in the last two years and over the last three years would leave investors stunned, which is around 1273 per cent.  

Assessing the demerger of Jio Financials from Reliance, Chetan Shah notes its intricacy, with possible gains and risks in tow. As the value for shareholders remains uncertain, this strategic move is anticipated to exert a substantial influence on the Indian financial services landscape. 

The company has attracted significant buying interest due to its outstanding returns of over 9 per cent.

Jio 5G will ensure that every Indian gets to access the most transformative digital services and platforms offered anywhere in the world.

Jio-bp - a fuels and mobility joint venture between RIL and bp - and Zomato, today announced that they have entered an agreement to support Zomato’s commitment towards The Climate Group’s EV100 initiative of 100 per cent EV fleet by 2030. Towards the same, Jio-bp will provide EV mobility services to Zomato along with access to ‘Jio-bp pulse’ branded battery swapping stations for last mile delivery.