Jio Financial Services Gains 3% After SEBI Nod for Mutual Fund Venture with BlackRock
Article Summary
-Shares of Jio Financial Services Ltd. rose 3%, reaching a day’s high of Rs 348.90 on 7th October, after the company announced it had received SEBI’s in-principle nod for its mutual fund business with BlackRock.
In its release on 4th October, the company announced that SEBI granted in-principle approval to the Company and BlackRock...