|
Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
| 755.8 USD | -0.72% |
|
-1.15% | -6.65% |
MUMBAI (Reuters) - India's Jio Financial Services has entered into a joint venture with U.S.-based BlackRock Inc to set up a wealth management and broking business, the companies said on Monday.
Jio Financial Services, part of billionaire Mukesh Ambani led-Reliance Group, and BlackRock formed a 50:50 joint venture to launch asset management services in India in July 2023.
The two companies had planned an initial investment of $150 million each in the joint venture.
(Reporting by Sethuraman NR and Indranil Sakar in Bengaluru; Editing by Tasim Zahid)
Price
|
Change
|
5d. change
|
Capi.
| ||
|---|---|---|---|---|---|
| 755.8 USD | -0.72% | -1.15% | 113B | ||
| 377 INR | -0.92% | -1.49% | 28.97B | ||
| 1st Jan change | Capi. | |
|---|---|---|
| -6.65% | 113B | |
| -7.01% | 88.42B | |
| +20.42% | 63.11B | |
| +4.10% | 62.22B | |
| +9.28% | 42.87B | |
| +8.51% | 41.47B | |
| +18.79% | 34.8B | |
| +2.05% | 25.03B | |
| +1.26% | 18.91B | |
| -1.98% | 17.1B |
BLACKROCK, INC. 
