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| Name | Reliance to demerge Jio Financial Services| Reliance Jio Financial demerger news |
| Video Uploader | Video From Upstox |
| Upload Date | This Video Uploaded At 10-07-2023 12:01:10 |
| Video Discription | Reliance Industries’ stock hit its 52-week high and its market capitalisation crossed ₹18 lakh crore on Monday, 10 July 2023. This came after the company announced the record date for the upcoming demerger of Reliance Strategic Investments (RSIL) from Reliance Industries (RIL). We bring you the key highlights of this demerger, including the record date, renaming of RSIL to Jio Financial Services and its future listing as a separate entity. You will also learn about the implications of Jio Financial Services' entry into the financial services sector, with experts predicting increased competition and its potential to challenge existing NBFCs. As a result, shares of Bajaj Finance, Paytm, and Cholamandalam Investment declined due to the potential disruption in the retail financing business. To open a demat account with Upstox, click here: https://bkafq.app.link/ps2ay62Fpxb For more such insights on the world of finance, follow us on our social channels for regular updates: 1) Subscribe to our Telegram community here: https://uptx.to/Telegram-Oct-Community 2) Follow us on Instagram here: https://uptx.to/Instagram-Oct 3) Follow us on Twitter here: https://uptx.to/Twitter-Oct 4) Follow us on LinkedIn here: https://uptx.to/LinkedIn-Oct #Relianceshareslatestnewstoday #RILsharesnews #JioFinancialServices #RelianceJio ##RelianceJiodemerger #reliancesharenews #Reliancedemergernews #Reliancedemerger #RILSharelatestnews |
| Category | News & Politics |
| Tags | #Upstox | #Hindi | #India | #Investment | #Trading | #DematAccount |
