Bloomberg Business

Billionaire Ambani Expects to List Financial Services Unit Soon

Reliance Industries Ltd. said it expects shares of its financial services business to be listed soon as the conglomerate seeks to propel its recently carved out unit into India’s largest non-banking lender, leveraging the prowess of the digital and retail businesses.

China Boosts Aid Efforts to Rain-Hit Areas as Storms Kill Six

China has increased aid to storm-affected areas, distributing an additional 350 million yuan ($48.8 million) to support rescue and anti-flooding efforts as heavy rains continue to hit different parts of the country, killing six people in the northeast.

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