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Jp Morgan Asset Management

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World's most powerful man is worth only Rs 43.3 crore!

United States President Barack Obama's estimated assets for the last year are valued at $8 million (Rs 43.3 crore), his latest annual financial disclosure forms show and he has up to $1 million (Rs......

Adani takes on Ambani, to invest $20 bn in renewable energy

Unveiling his infrastructure conglomerate's green vision, billionaire Gautam Adani on Tuesday said his group will invest $20 billion over the next 10 years in renewable energy generation and......

10 merchant bankers to manage LIC IPO

The government has appointed 10 merchant bankers including Goldman Sachs (India) Securities, Citigroup Global Markets India, and Nomura Financial Advisory and Securities India to manage the mega......

16 merchant banks in fray for lead managers to LIC IPO

The listing of LIC’s shares on exchanges would involve part-sale of government’s stake in the insurer, and to raise fresh equity share capital. Sixteen merchant banks are in the fray......

China's economic growth slows to 7.9% in Q2

China's post COVID-19 pandemic economic rebound showed signs of slowdown as the economy grew at 7.9 per cent in the second quarter compared to a record 18.3 per cent in Q1, while the GDP expanded......

What to expect at Reliance AGM on Wednesday

Strategic direction post-COVID-19 and further details on asset monetisation are key expectations from the 43rd AGM of RIL, analysts said. Billionaire Mukesh Ambani is likely to announce plans of......

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