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
JFS and BlackRock India had last year formed Jio BlackRock JV to make a foray into the asset management industry
MSCI methodology makes India underweight in global indices. As a result, investors fail to capitalise on Indian equities.
The two tycoons have signed an exclusive arrangement for 500 MW of power purchase by Reliance on a long-term basis
BHEL has received an order worth ₹4,000 crore from Adani Power for setting up the 2x800 MW thermal power plant at Raigarh, Chhattisgarh.
The 5G capital expenditure cycle of Reliance Industries is expected to conclude soon.
In a bull-case scenario, the brokerage house expects RIL shares to rise to ₹4,495 by FY26, suggesting a potential upside of 56% from the current market price.
Post the completion of this transaction, TV18 Broadcast’s equity stake in Viacom18 will increase to 70.49%.
The Reliance-Viacom18-Disney deal will add ₹40 per share to RIL’s sum-of-the-parts valuation (SOTP), says Jefferies.
Nita Ambani to be chairperson of RIL-Disney JV; RIL to invest ₹11,500 cr
Reliance and Disney to merge their media operations in India and Mukesh Ambani-led conglomerate is likely to hold a 61% stake in the merged entity, as per a report.