Jio Financial Services Ltd News

Lodha, TVS Motor: 5 rate sensitive shares to bet on ahead of RBI policy

Technical charts suggest that stocks like TVS Motor, Lodha, DLF, Jio Financial Services and Federal Bank can potentially rally up to 19 per cent from present levels.

Zomato, ATGL, Paytm: Should you buy these stocks as NSE approves F&O entry?

The NSE has approved the addition of 45 new stocks to the F&O; technical chart suggests that these 5 including the likes of Paytm, Zomato and Adani Total Gas can zoom up to 27% from present levels.

Jio Fin, Zomato, Angel One, Paytm rally up to 7% on inclusion in F&O pool

Stock exchanges on Wednesday announced the addition of 45 stocks to the new list of scrips eligible for trading in the F&O segment from November 29.

Jio Financial Services launches SmartGold for digital gold purchase

Customers can redeem their SmartGold units for cash or physical gold anytime they wish

Jio Financial in talks with Allianz SE to set up insurance JVs in India

The Munich-based firm has indicated to its current partner Bajaj Finserv Ltd. that it's "actively considering an exit" from the ventures, according to a statement from Bajaj on Tuesday

Jio Financial Services Q2 results: Net profit rises 3% to Rs 689 crore

The company's total expenses doubled to Rs 142 crore in the quarter under review, compared to Rs 71 crore

Jio Financial Services Q2 results: Net profit increases 3% to Rs 689 cr

Jio Financial Services Ltd on Friday reported a marginal 3 per cent rise net profit to Rs 689 crore in the second quarter ended September 2024. The company had earned a consolidated net profit at Rs 668 crore in the same quarter a year ago. Total income increased to Rs 694 crore as against Rs 608 crore in the same quarter a year ago, Jio Financial Services said in a regulatory filing. However, total expenses doubled to Rs 146 crore as against Rs 71 crore in the same period in the previous year. Jio Financial Services Ltd pursuant to the application made to the RBI seeking registration as Core Investment Company (CIC), has received necessary approval and certificate of registration on July 9, 2024 from the RBI and thereby it has become a Non-Deposit taking Systemically Important Core Investment Company (CIC-ND-SI) with effect from that date, it said. Jio Financial Services, carved out from Reliance Industries Ltd, is engaged in the business of investing and financing, insurance ...

BlackRock in talks with Jio Financial to set up private credit venture

The 50-50 joint venture will lend to businesses ranging from large companies to startups, the people said, asking not to be identified as the information is not public

Reliance Industries IP sprint: Over 3,000 patents at 100 filings per week

Jio Platforms have been granted 331 patents till March 2024

Jio Fin Services zooms 3% on Sebi's nod to set up MF; check details here

Shares of Jio Financial Services (JFSL) surged up to 3.1 per cent at Rs 349.50 per share on the BSE in Monday's intraday deals

Jio Financial, BlackRock Advisors enter JV for investment advisory services

Jio Financial Services on Sunday said it has formed a joint venture with BlackRock Advisors Singapore Pte Ltd to undertake investment advisory business. Jio BlackRock Investment Advisers Private Limited was incorporated on September 6 to carry on the primary business of investment advisory services, subject to regulatory approvals, Jio Financial Services said in a filing. The company will invest Rs 3 crore towards an initial subscription of 30,00,000 equity shares of face value Rs 10 each, it said. The Certificate of Incorporation was received from the Ministry of Corporate Affairs on September 7, 2024, it added. Jio Financial Services Ltd, the demerged financial services arm of billionaire Mukesh Ambani's Reliance, had earlier announced a joint venture for asset management and wealth management with BlackRock. Last month, Jio Finance Ltd, an NBFC arm of Jio Financial Services, said it is in the advanced stages of launching home loans, which have been rolled out in beta mode. Bes

Jio Financial ups stake in Jio Payments Bank to 82.17% for Rs 68 cr

The company subscribed to 6.8 crore equity shares of Jio Payments Bank for its business purposes

Jio Financial secures approval to raise foreign investment cap to 49%

In May 2024, the company sought shareholder approval to raise the foreign investment threshold to 49% as part of a strategic initiative to attract significant foreign capital

JFSL to shape prosperous, inclusive financial future for India: Ambani

Jio Financial Services Ltd (JSFL) will lead the way in shaping a prosperous and inclusive financial future for India by focussing on technology and developing tailor made products, RIL Chairman and Managing Director Mukesh Ambani said. JFSL is a subsidiary of Reliance Industries Ltd (RIL). It is engaged in the business of investing and financing, insurance broking, payment bank and payment aggregator and payment gateway services. In a message to shareholders, Ambani said the company's focus remains firmly on innovation, growth, and fostering financial literacy across the nation. "We are expanding our portfolio of services, elevating user experience, and harnessing the power of cutting-edge technology to simplify and personalise financial management for our valued customers," he said in the inaugural Annual Report of JFSL released on Thursday. The mission is to revolutionise the way financial services are delivered and experienced in India and the company has laid a strong foundatio

Jio Financial Services share price falls over 2% after tepid Q1FY25 results

Jio Financial share price update: At 11:40 AM, Jio Financial shares were down 2.18 per cent at Rs 347.5 as against 0.26 per cent rise in the benchmark BSE Sensex

Jio Financial Services Q1 results: Net profit down 5.72% at Rs 313 crore

Interest income was down 19.8 per cent to Rs 162 crore in Q1FY25 as against Rs 202 crore in Q1FY24

Airtel, Jio, Vodafone Idea push for long-term recharges amid price hike

Leading telecom operators are targeting users with 365-day plans priced between Rs 2,545 and Rs 3,099 through aggressive in-app promotions

Jio, Airtel 5G pricing surge: Consumers to spend Rs 47,500 cr more annually

Reliance Jio and Bharti Airtel have taken decisive measures to effectively monetise 5G, significantly raising costs for consumers seeking premium next-generation mobile broadband

Jio Fin, Zomato part of Nifty50? List of likely F&O inclusions, exclusions

Market regulator Sebi tweaked the selection criteria for stocks to join and exit the derivatives (F&O) segment on Thursday, June 27