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
Mumbai: Tata Motors Ltd will split into two listed businesses comprising the commercial vehicle and the passenger vehicle businesses that includes its British luxury car unit Jaguar Land Rover (JLR). Separation of the two businesses will help them capitalise on the opportunities and enhance focus and agility, N Chandrasekaran, chairman, Tata Motors said in a … Read more
Mumbai: Tata Motors Ltd will split into two listed businesses comprising the commercial vehicle and the passenger vehicle businesses that includes its British luxury car unit Jaguar Land Rover (JLR). Separation of the two businesses will help them capitalise on the opportunities and enhance focus and agility, N Chandrasekaran, chairman, Tata Motors said in a … Read more
Mumbai: A sizable early consent fee has attracted more bondholders to vote for the restructuring of Vedanta Resources Ltd (VRL) debt. The London-based holding company, which owns metals and resources businesses in India, is offering a 2% fee if consent is provided by January 2, and a 0.25% fee for late consent after this date. … Read more
