RIL’s Jio Financial Services forms JV with BlackRock to tap India’s asset management market
The Jio BlackRock JV brings a new player to the Indian asset management market, with JFS and BlackRock targeting an initial investment of $150 million each
The Jio BlackRock JV brings a new player to the Indian asset management market, with JFS and BlackRock targeting an initial investment of $150 million each
RIL to become an equal partner in JV, which will be branded as ‘Digital Connexion: A Brookfield, Jio and Digital Realty Company’. It is currently developing data centres in Chennai and Mumbai
Reliance says the secured creditors voted against RIL's scheme of the arrangement, and that the deal can't be implemented.
The current holding of Vanguard Group, which owns 82.4 million shares in Twitter, stands at 10.3%, while Musk's stake stands at 9.2%.