broking

Jio Financial: Jio Financial forms joint venture with BlackRock

by
Jio Financial: Jio Financial forms joint venture with BlackRock

Mumbai: Mukesh Ambani’s Jio Financial Services has entered a joint venture with BlackRock, the world’s largest asset manager, to foray into wealth management and broking businesses in the country. The company had already partnered with BlackRock to launch an asset management business in India. In a release to stock exchanges on Monday, Jio said it … Read more

ICICI Securities: Public shareholders clear ICICI Securities’ delisting

by
ICICI Securities: Public shareholders clear ICICI Securities’ delisting

Mumbai: ICICI Bank’s contentious bid to delist ICICI Securities (I-Sec) has been cleared by the broking arm’s public shareholders. In the voting process that ended on March 27, investors holding 71.89% of the lender’s shares favoured the proposal, while those owning 28.11% voted against it, paving the way for ICICI Securities’ delisting from the bourses. … Read more