JioBlackRock Investment Advisers, the joint venture of Jio Financial and BlackRock, received Sebi and BSE approvals to operate as an investment adviser in India. The firm aims to offer tech-driven, personalized financial solutions for modern Indian investors.
SBI Funds Management seeks Rs 2,000 crore in pre-IPO round
SBI Funds Management, India’s largest mutual fund, is planning a significant IPO, potentially raising up to ₹2,000 crore through a pre-IPO placement. This move precedes