Got shares or mutual funds? You can now get a loan of up to Rs 1 crore in just 10 minutes—thanks to Jio Finance’s new digital product.
Jio Finance Launches Fully Digital Loan Against Securities
Mukesh Ambani’s Jio Finance Limited has just stepped into the digital lending game—and it’s coming in hot.
In a major move aimed at making personal finance more accessible, the company has…
In a bold move to enter the rapidly evolving world of cryptocurrency, Reliance Industries, led by Mukesh Ambani, has launched a new crypto token—JioCoin. The token is already sparking interest among users of JioSphere, a web browser app available on both Android and iOS. With little official information released, the buzz around JioCoin is growing as users begin to uncover its potential through…
Introduction: The Game-Changing Merger in Indian Media
In a bold move that’s shaking up the Indian media landscape, Reliance Industries, Viacom18, and The Walt Disney Company have officially merged their media and digital assets, forming a joint venture (JV) valued at a staggering ₹70,352 crore (~$8.5 billion). This merger brings together some of India’s most famous entertainment brands…
Jio Financial Services Ltd., led by billionaire Mukesh Ambani, is exploring a partnership with German insurance giant Allianz SE to create new insurance companies in India. This move comes as Allianz looks to exit its current joint ventures in the country.
What’s Happening?
Sources close to the situation have revealed that Jio Financial and Allianz are discussing plans to establish both a…
The 2024 Hurun India Rich List has set a new benchmark, featuring an unprecedented 1,539 individuals with net worths exceeding Rs 1,000 crore, highlighting a significant surge in the wealth of India’s elite. In a dramatic shift, Gautam Adani and his family have ascended to the top position on the list, surpassing Mukesh Ambani for the first time.
Adani Tops the List with Remarkable Growth
Gautam…
Reliance Industries (RIL) is in the spotlight on August 29, 2024, as it holds its 47th Annual General Meeting (AGM). The company’s shares have reached a new milestone, crossing the Rs 3,000 mark in early trading, buoyed by investor anticipation surrounding Mukesh Ambani’s forthcoming address. The stock traded at Rs 2,999 apiece with a market capitalization of Rs 20.29 lakh crore, touching an…
In a remarkable display of wealth and influence, Adar Poonawalla, the CEO of Serum Institute of India, has secured the title for the most expensive residential property sold in London in 2023. The mansion, purchased by Serum Life Sciences—the British division of the Poonawalla family—boasts a staggering value of ₹1,446 crore, outstripping even Mukesh Ambani’s renowned Stoke Park estate.
Subsequent to overcoming the component telephone market with its 4G-empowered JioPhone, Reliance is creating JioBook — a minimal effort, 4G-empowered PC that could dispatch before the year’s over.
The “bigger screened gadget” is relied upon to run a form of Android OS — which could be named JioOS — and will package Jio’s set-up of applications that can be gotten to through a Jio 4G…
Mukesh Ambani’s’ Reliance Industries has gotten 66% of its own new gas from KG-D6 block that was unloaded under new standards with state-claimed GAIL and Royal Dutch Shell getting more modest volumes, sources said.
Dependence and its accomplice UK’s’ BP Plc on Friday sold 7.5 million standard cubic meters each day of steady gas from the R-arrangement gas field in the KG-D6 block…
Reliance to purchase out IMG’s stake in Joint Entity : Billionaire Mukesh Ambani’s Reliance Industries has consented to purchase out IMG Worldwide from the games the executives joint endeavor IMG-Reliance (IMG-R) for Rs 52 crore. RIL will rebrand the organization after the conclusion of the arrangement.
RIL had shaped 50:50 joint endeavor with IMG Worldwide, a global games advertising and the…
