JioBlackRock Asset Management Pvt Ltd, a 50:50 joint venture between Jio Financial Services Limited (JFSL) and BlackRock, on Monday announced closure of its maiden New Fund Offer (NFO), recording a total investment of Rs 17,800 crore ($2.1 billion).
'We are staying away from making forward-looking statements on when we will reach 1 trillion, etc. But growth will be rapid; it's only a matter of time.'
BlackRock has again reduced the valuation of its share in edtech firm Byju's - this time to about $1 billion, TechCrunch reported on Friday, citing disclosures made by the US-based asset manager. This is 95 per cent less than its peak valuation of $22 billion in 2022. The markdown comes at a time when the company is facing a multitude of challenges, including securing fresh capital, delays in financial reporting and legal disputes with lenders.
'Markets never fully lose hope. But an important shift could come if the Strait remains closed -- moving from high prices to no prices.'
If there's one person who refuses to play it safe, it's Nora Fatehi. Bold, experimental and always a little extra, the KD: The Devil actress' style lives at the intersection of glam and 'did she really just pull that off?'
There's something instantly likeable about Kalapala Mounika. The Gedelaraju Kakinada Taluka actress has that easy, girl-next-door charm that feels warm, relatable and real, but still knows how to show up looking absolutely put together.
The GQ Most Influential Young Indians 2026 wasn't just about celebrating trailblazers across industries; it was also a full-blown fashion moment.
From Kiara Advani to Tamannaah Bhatia and Fatima Sana Shaikh, these stunning ladies know exactly how to pause, unwind, and recharge when temperatures soar -- either with a dip in the pool or a beach vacay!
There's nothing predictable about Sai Tamhankar's style. Just when you think you've seen it all, the Matka King actress switches it up with something bolder, edgier and completely unexpected.
The purge in Washington does not pause the war. Strikes continue, Hormuz remains closed, and Brent crude is still dancing around $109 a barrel. For India, the command chaos in the Pentagon is another layer of uncertainty piled on five weeks of conflict that was already straining every buffer Delhi has.
The joint venture of Jio Financial Services and BlackRock to foray into India's asset management space could be disruptive but not disastrous for incumbent industry players, analysts said on Thursday. As an investment strategy, analysts suggest investors stay put in shares of those AMCs that consistently improve business metrics, and where market capitalisation-to-asset under management (AUM) valuation is not stretched. However, growth expectations of incumbent players may get trimmed in the medium-to-long term, analysts said, once the Jio-BlackRock JV unveils its plans, discounting the looming challenge as significant enough to dent their profitability.
BlackRock Inc has executed a purchase agreement to acquire Barclays Global Investors, including its market leading ETF platform, iShares, from Barclays Plc, the company said. The transaction would create an independent and fully integrated asset management firm named 'BlackRock Global Investors' with combined assets under management of over $2.7 trillion, bringing together market leaders in active and index strategies.
When it comes to her off-screen style, the Dacoit actress has that rare ability to dial up the heat in almost anything.
The tomboy aesthetic isn't just about oversized fits and borrowing from the boys. It's about attitude.
We journey to 10 famous Maa temples, each devoted to a different form of Devi or the female force...
The first thing you notice about Bhutan is not the mountains, but the silence.
The deal values the firm at more than $9 billion.
The Dell 15 (2026) enters the Indian market with an introductory price of 69,699 for the entry-level model, which includes 8 GB memory and a 512 GB SSD.
Summer airport fashion is all about surviving the heat while looking effortlessly stylish.
World's largest asset manager Blackrock will host a global investors meet in India next year, CEO Laurence Flik conveyed to Prime Minister Narendra Modi.
The big question is whether Trump is any longer in command of the situation. For all practical purposes, the war seems set to cascade as the US is preparing for a potential ground operation in Iran and threatens to destroy 'bridges next, then electric power plants', points out Ambassador M K Bhadrakumar.
'It's a changing world and the opening up doesn't mean that concerns with regards to security have gone away.'
A US judge has granted Gautam Adani's request for a hearing to dismiss a US Securities and Exchange Commission (SEC) fraud case, with Adani's legal team arguing the case lacks jurisdiction and credible evidence.
The voice of one of India's greatest playback singers may have fallen silent, but her music is anything but gone. It lives on in the airwaves, in our memories, in moments we return to without even realising.
Lace is no longer just the cute, dainty fabric your grandma loved. Now, it has entered its racy era with sultry silhouettes, sheer panels, dreamy corsets and dramatic trains.
New York-headquartered hedge fund BlackRock Inc has acquired the 40 per cent stake held by Merrill Lynch in mutual fund DSP Merrill Lynch Fund Managers, in a move that signals the world's fifth largest asset manager's entry into the booming Indian market.
Jio BlackRock Asset Management Pvt Ltd, a 50:50 joint venture between Jio Financial Services Ltd (JFSL) and US-based BlackRock, has received regulatory approval from the capital market regulator Sebi to commence operations as an investment manager for its mutual fund business. The Securities and Exchange Board of India (Sebi), vide letter dated May 26, 2025, has granted the certificate of registration to 'Jio BlackRock Mutual Fund' and approval to Jio BlackRock Asset Management Private Limited to act as the Asset Management Company for Jio BlackRock Mutual Fund, JFSL said in a regulatory filing.
The 'rescue' operation occurred within kilometres of Iran's underground tunnel complex at Isfahan, assessed by the IAEA and US intelligence as holding a substantial portion of the country's 60 per cent enriched uranium stockpile. Retired senior US military officers have highlighted that the mission's footprint -- hundreds of special operators, multiple heavy-lift aircraft deep inside Iran -- appears outsized for recovering a single airman. Prem Panicker continues his must read blog on the Iran War.
Looking at the gorgeous mama-to-be who's been keeping it stylish throughout her second pregnancy.
'Indian markets may underperform global peers for the next two quarters.' 'But beyond that, India should catch up and resume its long-term growth path.'
Bollywood ladies kicked off the year in sheer elegance. Donning beautiful outfits, from lehengas and saris to short dresses and suits, January was definitely high on fashion.
K-pop stars have taken over India; the youth love their music, movies and TV shows. K-pop fashion too has become a massive trend.
David Miller smashed a brilliant half-century while Marco Jansen picked up four wickets as South Africa thrashed India by 76 runs in the ICC T20 World Cup Super 8s match.
'When markets go into a budget with excessive optimism, the risk of disappointment is higher.'
Who said nightwear has to be boring old tees and faded pyjamas? Pyjama parties, girls' nights and sleepovers are the perfect excuse to dress down in the best way.
The competitive intensity in the mutual fund (MF) industry is moving beyond scheme performance, cost structures, and distribution. In recent months, several fund houses have rationalised exit loads applicable on redemptions.
Once upon a time, leopard print had a bad rap. It was loud, it was flashy and it was filed under 'tacky if not done right.'
Chic, confident and a little rebellious, faux leather outfits are the perfect alternatives to sequins this season.
The 68th Grammy Awards began at the Crypto.com Arena in Los Angeles.
Sona Bahadur's Goa currython yielded interesting results.
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