Move marks re-entry of world's largest asset manager in domestic market
JFS and BlackRock are targeting initial investment of $150 million each in the joint venture
Is Jio Financial another Reliance disruptor? Do India's govt surveys need a revamp? Time to sell after the sharp run since March? What is IMAX? All answers here
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According to Reliance Strategic Investments annual report for FY22, it had other long-term investments worth around Rs 181 crore
RIL's shares last closed at Rs 2,623, making it the country's most-valued firm at Rs 17.74 trillion
Jio Financial Services was valued at Rs 251 on the BSE and Rs 262 on the NSE, as the price of RIL (ex-JFS) settled at Rs 2,589 and Rs 2,580, respectively, on both the exchanges.