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Jio Financial Services: Mutual fund business next
India's Jio Financial, BlackRock get in-principle approval to set up mutual fund business
Jio Financial and U.S.-based BlackRock got in-principle approval from India's markets regulator to act as co-sponsors and set up a mutual fund business in the country, the Mukesh Ambani-led Reliance Group company said on Friday.
Jio Financial, BlackRock Receive Approval From SEBI To Establish Mutual Fund Business
The firm said that it would act as co-sponsors with BlackRock and establish the proposed mutual fund after it received an in-principle approval from SEBI
Sebi gives in-principle nod to Jio Fin-BlackRock for mutual fund entry
Jio's entry in the MF space is expected to spruce up the competition in the industry which currently has over Rs 66 trillion in assets under management
Sebi gives in-principle approval to set up Jio Financial-BlackRock's proposed mutual fund
Capital market regulator Securities and Exchange Board of India (Sebi) has granted in-principle approval to Jio Financial Services and BlackRock Financial Management Inc to act as co-sponsors and set up proposed fund.
SEBI grants in-principal approval to Jio-BlackRock mutual fund foray
SEBI approves Jio Financial and BlackRock to set up mutual fund, aiming to provide innovative investment solutions in India.
SEBI gives approval to Jio Financial and BlackRock to set up mutual fund business
The final approval for registration will be granted by SEBI subject to fulfillment by the Company and BlackRock of the requirements set out in the said letter, Jio Financial said
Ambani to enter Jio Financial in the mutual funds race: What can happen?
Reliance Industries, under Mukesh Ambani, plans to enter India's mutual fund market through Jio Financial Services' joint venture with BlackRock. Leveraging expertise and vast consumer data, the venture seeks to capitalize on the growing investment habits of Indians and aims to expand the industry's distribution reach.
Jio Financial and BlackRock get SEBI nod to set up mutual fund business
"The final approval for registration will be granted by SEBI subject to fulfillment by the Company and BlackRock of the requirements set out in the said letter," JFS said in an exchange filing.
Jio Financial Services: Mutual fund business next; Time to BUY shares of Mukesh Ambani's company?
Capital market regulator SEBI has granted in-principal approval to Mukesh Ambani's Jio Financial Services Limited and BlackRock Financial Management Inc (BlackRock) to act as co-sponsors and set up the proposed mutual fund.
SEBI grants in-principle approval to Jio Financial and BlackRock for mutual fund
Jio Financial Services Ltd (JFS), a subsidiary of Reliance Industries, announced on October 4 that it has received in-principle approval from the Securities and Exchange Board of India ( SEBI ) to collaborate with BlackRock Financial Management as co-sponsors to establish a proposed mutual fund,
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