Page 6 - Blackrock

TMS Ep486: IT return, Tweets turns X, Jio-BlackRock JV, gigafactory

Why do so few Indians pay income tax? Will the 'X' Factor help revive Twitter? Can the Jio-BlackRock JV stir the AMC pot? What is a gigafactory? All answers here

Can the Jio-BlackRock joint venture stir the AMC pot? What analysts say

Growth expectations of incumbent AMC players may get trimmed in the medium-to-long term, analysts said, once the Jio-BlackRock JV unveils its plans

Top headlines: Foxconn in talks for $200 mn plant in TN, Fed hikes rates

Business Standard brings you the top headlines at this hour

BlackRock to enter India's asset management sector with Jio Financial JV

Move marks re-entry of world's largest asset manager in domestic market

BlackRock to enter India's asset management sector with Jio Financial JV

JFS and BlackRock are targeting initial investment of $150 million each in the joint venture

BlackRock appoints Saudi Aramco's CEO Amin Nasser to its board: Report

Bader Al-Saad, director general and chairman of the Arab Fund for Economic and Social Development, won't stand for re-election to BlackRock's board next year, according to the statement

US doesn't have to fall into recession: BlackRock Inc's Rick Rieder

Rieder expressed his views on whether the US economy is out of crisis mode in terms of inflation, he said that once the inflation rate reaches close to three per cent, it becomes less concerning

Crypto wrap: Market highly volatile amid mixed signals from macro data

In the last few weeks, the market was witnessing a bull run after the news emerged of several big entities showing their interest in Bitcoin but in the later part of the week, the market saw a sell-of

BlackRock, MIT etc invest Rs 1,750 cr in Aditya Birla Capital QIP

Finance company raises total Rs 3,000 cr in equity

Bitcoin soars 20% in 11 days after BlackRock files application for spot ETF

BlackRock filed for a prospective spot bitcoin ETF on June 15, undeterred by the Securities and Exchange Commission's (SEC) past record of rejecting every such application

Crypto wrap: Market seeing bull run as institutions jump into industry

BlackRock's application for spot Bitcoin ETF and Deutsche Bank's interest in crypto custody services have kept investors motivated in the last week

Bitcoin breaches $30k-mark fuelled by Powell's comments, spot ETF filings

US Fed chair Jerome Powell on Wednesday said they see 'payment stablecoins as a form of money'

Bitcoin hits six-week high as financial titans step up crypto initiatives

The largest digital asset rose as much as 6.1% and traded at $29,789 as of 11:26 am in New York on Wednesday, lifting the token's rebound this year to almost 80%. Smaller coins such as Ether, Cardano

Janus Henderson further downgrades PharmEasy valuation to $ 2.7 billion

Several other Indian startups such as Meesho, Swiggy, Byju's, Pine Labs, and Ola have seen similar cuts in their valuations

BlackRock cuts edtech giant Byju's valuation by 62% in a year to $8.4 bn

BlackRock reportedly pegged the value of its 2,279 shares in the company at $4,043,471, estimating Byju's fair value at $8.4 billion as of March 31, 2023

BlackRock cuts Byju's valuation again. This time by 62% to $8.4 billion

However, Byju's recently secured $250 million in fresh funding at a valuation cap of $22 billion

Emerging markets have an edge over mature markets, says BlackRock

The world's biggest money manager favors stocks and bonds from the developing world over those from mature economies in the short term

BlackRock racial audit shows struggles to retain leaders from various races

Retention was identified as one of BlackRock's challenges, even as the world's largest money manager met some goals on diversifying its overall workforce since 2020

BlackRock's assets seen topping $15 tn in 5 years' time: Morgan Stanley

The gains are likely to continue, according to Morgan Stanley analyst, raising BlackRock's price target to $861 from $829, the second-highest among analysts tracked by Bloomberg

Letters to shareholders

Investors eagerly anticipate the annual letters from companies for insights into industry trends, and the economy. Will Indian leaders focus on their company or look beyond this meeting this season?