Explainer: All you need to know about Reliance-Jio Financial demerger
Five analysts estimate that Reliance's Jio Financial Services will be valued at 160-190 rupees per share. Billionaire Mukesh Ambani's Reliance Industries, India's most valuable company, will demerge its financial services business on today as part of a move to unlock value. A man walks across the LED board showing the logo of Jio(REUTERS) The local stock exchanges will...