During the AGM, Ambani didn’t share update on growth ambitions or the timelines of a potential IPO of Reliance Retail but analysts expect him to likely spin off/IPO Jio and Retail during his current tenure.
US stocks: US market drops as Trump’s rejection of Iran peace plan lifts oil prices
Following President Trump’s dismissal of Iran’s peace proposal, US market indexes experienced a downward trend, spurred by a notable surge in crude prices. This escalation