BlackRock Advisors Singapore Pte. Ltd. and Jio Financial Services have formed a joint venture to launch a company named Jio BlackRock Investment Advisers Private Limited on September 6 to carry out the primary investment advisory business in India, as per the company filing on BSE. ;
1 min read8 Sep 2024Stocks in focus: Ruchit Jain of 5paisa has recommended two stocks today - Jio Financial Services Ltd, and Aditya Birla Capital Ltd.
3 min read3 Sep 2024In July 2023, the company had announced a joint venture with BlackRock for an asset management firm, and subsequently, in April 2024, it expanded the partnership to include wealth management and broking services.
2 min read30 Aug 2024In the reported quarter, total revenue from operations amounted to ₹418 crore, marking a 0.9 per cent increase from ₹414 crore in the same period last year.
1 min read16 Jul 2024During the quarter, the company undertook the beta launch of the JioFinance mobile app which has seen 500,000 downloads as of 14 July.
2 min read15 Jul 2024Jio Financial posted a 6 per cent year-on-year (YoY) decline to ₹312.63 crore. According to the filing, the profit sequentially increased by 0.6 per cent from ₹310.6 crore in the June quarter.
1 min read15 Jul 2024Jio Financial share price will be in focus on Monday as the Reliance Group company has fixed Q1 results 2024 date on 15th July 2024
2 min read15 Jul 2024Reliance Industries chose a vertical split when listing Jio Financial Services. While investors may be rooting for a repeat, it’s just as likely that Reliance’s promoters may opt for the IPO route to retain a controlling stake in Jio Platforms.
3 min read12 Jul 2024Jio Financial Services approved by RBI to become a CIC from an NBFC, following the demerger of Reliance Industries’ financial services division.
1 min read12 Jul 2024Bajaj Finance vs Jio Financial: Bajaj Finance and Jio Financial reveal mixed Q4 performance. Bajaj Finance reports YoY double-digit profit and interest income increase, while Jio Financial sees single-digit rise QoQ.
4 min read28 Apr 2024The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared