RIL could transform into a holding company says CreditSights
- 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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