BlackRock chief Larry Fink said India could emerge as one of the world's defining growth engines over the next two decades, driven by policy stability, infrastructure push and rising confidence
Capital expenditure has been raised to ₹12.2 lakh crore (~9 per cent YoY), reinforcing the infrastructure- and manufacturing-led growth strategy without resorting to populist fiscal slippage
Jio BlackRock Asset Management, which launched its services in May, has built an investor base of 10 lakh, with nearly 18 per cent comprising first-time mutual fund investors, its MD and CEO Sid Swaminathan said on Tuesday. The joint venture between Jio Financial Services and BlackRock has also seen strong participation from investors beyond major metros, with 40 per cent of its retail investors coming from B-30 cities, significantly higher than the industry average of 28 per cent. B-30 cities in India refer to cities beyond the top 30. Speaking to reporters here, Swaminathan attributed this deeper market penetration to its technology-led approach and sustained focus on investor education. Jio BlackRock AMC manages assets worth over Rs 13,700 crore, with equities accounting for around 30 per cent of the total assets under management, while the remaining 70 per cent is invested in fixed income and cash. Looking ahead, the company plans to focus on key strategic initiatives, includi
The search is now a four-man race, some of the people said, among Rieder, National Economic Council Director Kevin Hassett, Fed Governor Christopher Waller and former governor Kevin Warsh
As inflation eased and the job market cooled, the Federal Reserve turned more dovish, driving strong inflows into BlackRock's fixed-income products
Meta, Citigroup and BlackRock have announced major layoffs this month, cutting hundreds to thousands of jobs as companies restructure in 2026
BlackRock's Global Infrastructure Partners will also have a 'greenshoe option' to invest a further ₹1,000 crore in the Indian company, taking the total investment to ₹3,000 crore
HPS Investment Partners, the private-credit arm of BlackRock, is among global lenders seeking to recover hundreds of millions after being duped in a multi-year telecom fraud by Bankim Brahmbhatt
The acquisition is the latest in a series of big-ticket deals involving Big Tech and Silicon Valley startups that has been fueled by the boom in AI
The lease is among the largest transactions in India's co-working space, underscoring the growing preference of global institutions for flexible office providers
JioBlackRock, a JV between Jio Financial and BlackRock, opens NFO for 5 index funds from August 5-12, offering low-cost, digital-first investment options across major platforms
New offerings by Jio BlackRock include Nifty midcap, next 50, smallcap, and 8-13 year G-Sec index funds
Jio BlackRock AMC collected ₹17,800 crore in three days via its debut NFOs in overnight, liquid and money market funds, entering the top 35 fund houses by total AUM
The Jio-BlackRock joint venture raised ₹17,800 crore across three debt funds, securing over 67,000 retail and 90 institutional investor
Jio BlackRock Broking Pvt Ltd, a wholly owned subsidiary of Jio BlackRock Investment Advisers Pvt Ltd, has received regulatory approval from the Securities and Exchange Board of India (Sebi) to commence operations as a brokerage firm. JioBlackRock Broking aims to bring affordable, transparent, and technology-driven execution capabilities for investors, the company said in a statement. The broking entity's parent company, JioBlackRock Investment Advisers, is a 50:50 joint venture between Jio Financial Services Ltd (JFSL) and BlackRock Inc of the US. Along with the recent regulatory approvals received by Jio BlackRock Asset Management Pvt Ltd and Jio BlackRock Investment Advisers to commence operations, the receipt of the broking license enables the Jio BlackRock joint venture to offer holistic investment solutions. "With JioBlackRock Investment Advisers, we will be able to offer personalised advice to retail investors. Now with brokerage, we will also bring an execution platform for
JLL data shows institutional real estate investments declined to $3.1 billion in H1CY25 amid global uncertainty, with Blackstone's Kolte-Patil deal leading the pack
Jio BlackRock Mutual Fund, which last month got asset management licence from market regulator SEBI, on Monday introduced Aladdin, BlackRock's unique investment analytics and risk management platform. Jio BlackRock Asset Management Pvt Ltd is a 50:50 joint venture between Jio Financial Services Ltd (JFSL) and US-based BlackRock. "Investing should be simple. And it should work for you. That's the belief that brought Jio Financial Services and BlackRock together. We've blended Jio's digital first approach with BlackRock's global investment expertise? to build solutions around what Indian investors truly need," the mutual fund company said in a post on X. And for the first time ever Aladdin, BlackRock's unique investment analytics and risk management platform, is now available in India, it said. "This is just the beginning. We are here to redefine investing by making it accessible and affordable for you. We are Jio BlackRock Mutual Fund," it said. The Securities and Exchange Board of
The Jio Financial-BlackRock joint venture marks another milestone with Sebi clearance for investment advisory services, following its mutual fund approval
This acquisition will be completed via share subscription and purchase, alongside an open offer that may raise Blackstone's stake beyond 40%
Jio BlackRock AMC receives Sebi's final approval to start mutual fund business and appoints Sid Swaminathan as MD & CEO, aiming for innovation and inclusivity