Synopsis:Jio Financial Services Limited published its financial Results for the Q2 FY26 where it highlighted a jump in its revenue by 41%, also the 10 times increase in the AUM of the NBFC. The shares of this NBFC was in the news due to the result it declared on 16...
Synopsis: Jio Financial Services Ltd will raise ₹15,825 crore through 50 crore warrants at ₹316.50 each via preferential allotment to promoter entities. Post-conversion, promoter stake will rise from 3.10% to 10.17%. The shares of Mukesh Ambani’s company,...
Index rebalancing ensures market accuracy by adjusting for factors like market capitalization, liquidity, and sector representation. Stocks that no longer meet the criteria are removed, while new ones are added, maintaining the index’s integrity and offering...
The Nifty index undergoes semi-annual rebalancing, managed by NSE Indices Limited. The cut-off dates for this rebalancing are 31st January and 31st July, with the six-month average data leading up to these dates serving as the basis for evaluation. The market is...
The Securities and Exchange Board of India (SEBI) has given the green light to Jio Financial Services and BlackRock’s joint venture. This strategic partnership brings together Jio’s massive customer base of 450 million users and BlackRock’s global...
In earlier days, the power of connectivity was familiar through various meetings in physical and when the internet became prominent it was the value unlocking. Now, with connectivity through the internet, people hold the power to revolutionize the change. The...
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