<\/span><\/h3>Jio Financial Services (JIOFIN) was demerged from Reliance Industries in August 2023. It is building financial services businesses including JioFinance (lending), Jio Insurance, and JioBlackRock (asset management, in JV with BlackRock).<\/p>","protected":false},"excerpt":{"rendered":"
Mukesh Ambani is India’s richest person and the chairman of Reliance Industries \u2014 India’s largest company by revenue, market capitalisation, and number of shareholders. The term ‘Ambani stocks’ typically refers to the publicly listed companies of the Reliance Group, which Mukesh Ambani leads. 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