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RIL plans to list Reliance Jio, Reliance Retail in 5 years: Ambani
short by Pragya Swastik / on Monday, 12 August, 2019
Reliance Industries (RIL) is planning to list its consumer businesses Reliance Jio and Reliance Retail in the next five years, RIL Chairman Mukesh Ambani said on Monday. He added the two verticals would soon be bringing in 50% of the group's consolidated EBITDA. Reliance Industries has received strong interest from strategic and financial investors in its consumer businesses, Ambani added.
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