Premium Domain Names for Sale at
MUMBAI, May 11 (Reuters Breakingviews) – Mukesh Ambani is getting ready to list one of his consumer businesses but it isn’t either of the ones the market was expecting. Back in 2019 the boss of $200 billion Reliance Industries (RELI.NS) had pledged to spin out its giant retail and digital units. He has since lured big strategic and financial investors including Meta (META.O), Alphabet’s (GOOGL.O) Google and KKR (KKR.N)into those businesses. His fledgling financial services venture is now easier to take public.
Jio Financial could be listed as soon as September. Yet it is barely up and running, with just $244 million of loans as of March 2022. Its assets mostly comprise a 6% stake in its parent – worth about $12 billion at current market prices; that alone is large enough to make the entity among the top five Indian lenders by book value.
The attraction for new shareholders, though, is the potential for Jio to disrupt India’s $1.7 trillion small-loans market. Ambani has a good track record elsewhere, upending industries from telecoms to streaming. Moreover, the various parts of his conglomerate already have millions of customers, including mom-and-pop store owners. They’re obvious targets for Jio to cross-sell its loans to.
That’s why analysts at Jefferies reckon the upstart lender can scale up the business rapidly enough to challenge incumbents – and why they thus ascribe a multiple of four to the $1.7 billion book value of Jio’s nascent core financing business. That’s high, putting it nearly on par with where $61 billion mortgage giant Housing Development Finance Corporation (HDFC.NS) trades.
Another factor in Jio’s favour is that India’s appetite for borrowing remains unsated. Inquiries for credit cards leapt 77% in the three months to December from the same period in 2021; yet in total, barely one tenth of adult Indians have borrowed from a formal financial institution.
Jefferies analysts reckon Jio Financial is worth around 1.2 trillion rupees, or some $15 billion, after applying a 20% holding company discount to its Reliance stake. How close its shares trade to that on its debut will indicate whether investors share their belief that Ambani’s knack for disruption will continue.
Follow @ShritamaBose on Twitter
(The author is a Reuters Breakingviews columnist. The opinions expressed are their own.)
Reliance Industries said on May 3 that its shareholders and creditors approved a plan to spin off its subsidiary Reliance Strategic Investments. The entity will be renamed Jio Financial Services.
Jio Financial will list as soon as September, a person familiar with the situation told Breakingviews.
(The author is a Reuters Breakingviews columnist. The opinions expressed are her own. Updates to add chart.)
Our Standards: The Thomson Reuters Trust Principles.
The U.S. government could soon shrink one of its most promising investments. The budget deal agreed to by President Joe Biden and top congressional Republican Kevin McCarthy would move $20 billion away from the Internal Revenue Service over the next two years. The change shores up cash for other agencies, but projections suggest the IRS funding would’ve made a significant step toward closing the government’s $925 billion budget gap.
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.
Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology.
The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs.
The industry leader for online information for tax, accounting and finance professionals.
Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile.
Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts.
Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks.
All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays.
© 2023 Reuters. All rights reserved

Premium Domain Names:

A premium domain name is a highly sought-after domain that is typically short, memorable, and contains popular keywords or phrases. These domain names are considered valuable due to their potential to attract more organic traffic and enhance branding efforts. Premium domain names are concise and usually consist of one to two words or two to four individual characters.

Top-Level Domain Names for Sale on

If you are looking for top-level domain names for sale, you can visit is a platform that offers a selection of domain names at various price ranges. It is important to note that the availability of specific domain names may vary, and it’s recommended to check the website for the most up-to-date information.

Contact at

If you have any inquiries or need assistance regarding the domain names available on, you can reach out to them via email at Feel free to contact them for any questions related to the domain names or the purchasing process.

Availability on,, and

Apart from, you can also explore other platforms like,, and for available domain names. These platforms are popular marketplaces for buying and selling domain names. Each platform may have its own inventory of domain names, so it’s worth checking multiple sources to find the perfect domain name for your needs.

#PremiumDomains #DomainInvesting #DigitalAssets #DomainMarketplace #DomainFlipping #BrandableDomains #DomainBrokers #DomainAcquisition #DomainPortfolio #DomainIndustry #DomainAuctions #DomainInvestors #DomainSales #DomainExperts #DomainValue #DomainBuyers #DomainNamesForSale #DomainBrand #DomainInvestment #DomainTrading

Leave a comment