Reliance Industries Ltd to demerge financial services unit, to list it as Jio Financial Services

Reliance Industries Ltd to demerge financial services unit, to list it as Jio Financial Services

JFSL would be listed on the Indian stock exchanges. RSIL is currently a wholly-owned subsidiary of RIL and is a RBI-registered non-Deposit taking Systemically Important (ND-SI) Non-Banking Financial Company. JFSL would be listed on the Indian stock exchanges. RSIL is currently a wholly-owned subsidiary of RIL and is a RBI-registered non-Deposit taking Systemically Important (ND-SI) […]

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Reliance New Energy to invest  million in U.S. solar tech firm Caelux Corp

Reliance New Energy to invest $12 million in U.S. solar tech firm Caelux Corp

Reliance New Energy Ltd (RNEL), a wholly owned subsidiary of Reliance Industries Ltd has signed definitive agreements to invest in Caelux Corporation, a company headquartered in Pasadena, California, in the U.S. engaged in the development of perovskite-based solar technology. RNEL will invest $12 million to acquire a 20% stake in Caelux. “This investment will accelerate […]

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