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RIL could transform into a holding company says CreditSights

RIL could transform into a holding company says CreditSights

25 Sep 2023, 13:15

RIL could transform into a holding company says CreditSights

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Currently, RIL is both a holding company as well as an operating company across business verticals.
Its retail and telecom IPO plans, listing of Jio Financial Services and plans to unlock value in the O2C business indicate that RIl aims to become a holding company, the report says.
Each of Ambani siblings heading a distinct business can lead to disagreements at the group level, it adds.
Mukesh Ambani is expected to remain as emeritus board member after his retirement in five years.

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RIL could transform into a holding company says CreditSights

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