RBI had mandated Jio Financial to undertake the conversion exercise while giving its approval for change in the shareholding pattern and control of the company pursuant to the demerger of the financial services business from Reliance Industries Limited (RIL).
Tech View: What Nifty’s multiple doji candles and inside bars suggest for Friday trade?
Indian benchmark indices ended flat on December 26 as FMCG and bank losses offset auto gains. Expert Satish Chandra Aluri predicts sideways consolidation, citing cautious