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.
A five-member team, headed by Sanjay Kumar Singh, is probing the fatal crash of the Air India aircraft last month in Ahmedabad that killed 260 people. The Aircraft Accident Investigation Bureau (AAIB) has released its preliminary report and appointed the team.
The district administration said that air pollution is still within the acceptable limit and the local office of Pollution Control Board, Assam is closely monitoring the situation.
The recent notification by the Insolvency and Bankruptcy Board of India (IBBI) allowing part-resolution of stressed assets of companies under the insolvency process has sent many resolution professionals (RPs) and committees of creditors (CoCs) back to the drawing board to reassess their strategies for resolving corporate insolvencies.
The CBI successfully managed to get Monika Kapoor extradited from the United States, ending her 25-year flight from justice. She is accused of economic offenses including forgery and fraud.
The International Monetary Fund (IMF) has said its executive board granted $1 billion in assistance to Pakistan this month after finding out that the country met all conditions and targets for it.
'This (crash) is one of those times where there is no concrete explanation yet for what happened. I think that adds to my parents' worry.'
The Jane Street-Sebi saga is more than a legal dispute -- it's a litmus test for India's ambitions as a global financial hub.
In the message posted by Tata Group on X, he also said the group will cover the medical expenses of those injured and ensure that they receive all necessary care and support.
In a double-dose bid to boost growth and employment prospects, the Union Cabinet on Tuesday approved a Rs 2.07 trillion outlay for a research development and innovation (RDI) Scheme to fund private sector innovations, and an employment-linked incentive (ELI) to create over 35 million new jobs over the next two years.
The dispute between Aakash Educational Services Ltd (AESL) and edtech firm Byju's has escalated, with Aakash filing a sharply worded petition before the National Company Law Tribunal (NCLT) in Bengaluru, alleging conflict of interest and professional misconduct by global consulting firm Ernst & Young (EY), according to court filings
'I have a deep affection for Indian cricket. If someone asked me to come back, I wouldn't say no.'
'This will be our first large-size bank partner, and hence, the partnership will be a game-changer for us.'
Maharashtra Deputy Chief Minister Eknath Shinde came to the rescue of a woman patient in need of a kidney transplant by taking her on board his chartered plane from Jalgaon to Mumbai after she missed her flight from the North Maharashtra city to the state capital.
Ange Postecoglou ultimately paid the price for an horrendous English Premier League season which saw Tottenham finish 17th.
HDFC Bank has denied Lilavati Trust's allegation that the bank's MD and CEO Sashidhar Jagdishan was involved in a series of financial frauds. The allegation levelled by Lilavati Kirtilal Mehta Medical Trust (LKMM Trust), its trustees and officials against the bank's MD and CEO are baseless and malicious, an HDFC Bank's spokesperson said.
In today's dynamic economic landscape, commerce and management education is crucial for a global career, says Nayagam PP.
Sophie Ecclestone returns as England announce squad for T20Is against India
With the emergence of their battery of fast bowlers, India have turned the tide at Lord's with two of their victories coming from their last three Tests -- in 2014 and 2021.
Here is a look back at India's hard-fought 1-0 series win in England, 54 years back.
Ravi Shastri claimed India's dominant contribution to global cricket revenue makes the share fair.
Across five fiercely contested Tests, more than 7,000 runs were scored, including a record-equalling 21 individual centuries. Every match stretched into a gripping fifth day. The sun shone, the stands were full, and the cricket -- emotional, enthralling, and endlessly unpredictable -- captured imaginations around the world.
Stock exchanges' levy of penalties, ranging from Rs 3 lakh to Rs 12 lakh, on public-sector undertakings (PSUs) for lapses in board composition for the 2024-25 October-December quarter has brought forth issues of governance. Last month, 16 PSUs requested bourses to waive these penalties, arguing that these lapses were neither due to negligence nor within their control, as the appointment of directors is managed by the government.
'It is notable how humble he was and didn't want anything different just because he was a Tata.'
Can Shubman Gill and his men rewrite the script once more? The answer begins unrolling on July 23.
https://www.rediff.com/business/report/why-ipo-bound-oyo-seeks-to-rename-parent-firm/20250530.htm
Pataudi medal was an afterthought, ECB should have done better: Farokh Engineer
The vehicle -- a tempo traveller -- met with the accident near the Gholthir village on the Badrinath National Highway between Rudraprayag and Gauchar, they said.
After chairing an emergency meeting with senior officials to discuss the situation, Chief Minister Pushkar Singh Dhami said that heli services on the Char Dham route will remain suspended for two days, as the weather is bad and the safety of the passengers is the government's top priority.
India are yet to win a Test in Birmingham in nearly six decades -- boasting of a dismal record of seven losses and one draw in eight attempts.
Many affluent young people are first-generation wealthy. They have limited financial literacy, lack quality financial guidance or role models, and often fall prey to mis-selling. This makes them hesitant to invest in high-return assets like equities.
'We will continue supporting those affected long after the work in Ahmedabad is done.'
The DGCA has issued multiple fines and warnings to Air India over the past three years, flagging serious concerns in flight operations, cockpit discipline, and internal accountability.
Billionaire industrialist Mukesh Ambani described his 2016 return to the telecom industry with Reliance Jio as the "biggest risk" of his life, saying that even if analysts' predictions of financial failure had come true, it would still have been worth it for the role it played in transforming India digitally.
The move is to align affordable housing finance flows to the increase in property costs and inflation, says Raghu Mohan.
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
Sebi's probe against Jane Street is part of its efforts to mitigate losses for individual derivative traders.
The National Stock Exchange (NSE) has offered to pay Rs 1,388 crore to the Securities and Exchange Board of India (Sebi) to settle the colocation and dark fibre cases, potentially clearing the way for its much-awaited initial public offering (IPO). This is the biggest-ever settlement plea made with the markets regulator.
According to ESPNCricinfo, the resignation has been submitted to the president of the Board, Raghuram Bhat.
The development comes a day after a government resolution (GR) was issued, in which the state administration ordered disbursal of Rs 10 crore funds for strengthening the state Waqf Board.
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