JFS forms another JV with Blackrock to set up wealth management, broking biz
JFS and BlackRock India had last year formed Jio BlackRock JV to make a foray into the asset management industry
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BlackRock cuts BYJU’s valuation to $1 bn
It’s around a 95% drop in the valuation of a company valued at $22 billion in early 2022
RIL’s Jio Financial Services forms JV with BlackRock to tap India’s asset management market
The Jio BlackRock JV brings a new player to the Indian asset management market, with JFS and BlackRock targeting an initial investment of $150 million each
US investors slash valuation of Byju's by 62%, Meesho by 10%
Blackrock, which manages over $10 trillion in assets, had first entered Byju's roster of marquee investors at a $12-billion valuation in 2020.
A ‘crash’ course in valuations for Byju’s
Edtech unicorn's valuation falls 50% as BlackRock marks down 1% stake in ed-tech major
Tata Power to raise ₹4,000 crore to boost renewable energy biz
BlackRock Real Assets-led consortium, including Mubadala, will invest ₹4,000 crore for a 10.53% stake in Tata Power Renewable Energy.
Risks rising, prefer equities over bonds in 2022: BlackRock
BlackRock has predicted a rough year for bond markets due to rising inflation and advocates for inflation-linked bonds and equities for positive returns.
Responsible investing: Old concept, modern usage
Responsible investing aligns investments with the investor’s personal values. Although an ancient concept, its need is being felt again in today’s fractured world.
Subhash Chandra steps down as Zee chairman
Chandra’s resignation as Zee’s chairman marks the end of an era in which he pioneered the growth of private sector broadcast TV in the country. He will remain a board member.
BlackRock to re-enter India soon: Experts
With huge scope for growth in mutual fund market in India, analysts and experts say BlackRock is likely to re-enter the country in a big way.
