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Detailed stories on technology startups, business and economic current affairs.
What is good for India is good for Reliance. That is something Mukesh Ambani, chairman and managing director of Reliance Industries Ltd, espoused too, clearly taking on from his father, the late Dhirubhai Ambani. But is it possible that with Jio Platforms Ambani has created a company that’s too much for Indians to stomach?
Bloomberg News reported on Tuesday that Reliance was looking at listing Platforms—the subsidiary housing all the conglomerate’s digital businesses, as well as telecom operator Reliance Jio—overseas:
Reliance Industries Ltd. is working with banks on early preparations for an overseas listing of its digital and wireless business, …
The kingdom is moving to tighten the rules around public listings, algorithmic trading, trading in foreign securities and company disclosures—all in an effort to chase transparency.
As the smart fan maker gears up for an IPO, prospective investors could do with some clarity on what the company’s next phase of growth will look like.