Mukesh Ambani’s Jio Financial in talks with Allianz for insurance JVs in India post plans to exit Bajaj

Jio Financial Services Ltd., led by Mukesh Ambani, is in early talks with Allianz SE to form insurance companies in India. Allianz seeks to exit existing ventures with Bajaj Finserv due to a directional dispute, but remains committed to the Indian market.
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