Ambani’s Jio in Talks with Allianz for insurance JVs in India
Jio Financial Services Ltd., controlled by billionaire Mukesh Ambani, has held talks with Allianz SE to set up an insurance partnership in India as the German firm seeks to scrap two existing joint ventures in the country, according to people familiar with the matter.Allianz and Jio Financial are looking to establish a general insurance and…