RIL shareholders approved deal of retail unit’s $4.3B lease to JFS
Reliance Industries Ltd shareholders have approved the $4.3 billion deal between its subsidiaries, Jio Financial Services and Reliance Retail. The deal involves Jio Financial acquiring equipment worth ₹360 billion (approximately $4.3 billion) from Reliance Retail. This move is aimed at facilitating JFS’s entry into the device leasing business. Reliance Industries shareholders have approved the $4.3 Read more: RIL shareholders approved deal of retail unit’s $4.3B lease to JFS..