India s Reliance plans to list its financial services unit to boost growth thenationalnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenationalnews.com Daily Mail and Mail on Sunday newspapers.
Reliance is among the largest global producers of grey hydrogen. The company has partnered with Denmark’s Stiesdal A/S to reduce costs and commercialise their Pressurised Alkaline Electrolyser technology.
Reliance is among the largest global producers of grey hydrogen. The company has partnered with Denmarks Stiesdal A/S to reduce costs and commercialise their Pressurised Alkaline Electrolyser technology. Meanwhile, Jio Financial, has been valued at around $20 billion after its shares were spun off last month.
Interesting times ahead for AMC business with the entry of Jio BlackRock thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
The joint venture of Jio Financial Services and BlackRock to foray into India s asset management space could be disruptive but not disastrous for incumbent industry players, analysts said on Thursday.
As an investment strategy, analysts suggest investors stay put in shares of those AMCs that consistently improve business metrics, and where market capitalisation-to-asset under management (AUM) valuation is not stretched.
However, growth expectations of incumbent players may get trimmed in the medium-to-long term, analysts said, once the Jio-BlackRock JV unveils its plans, discounting the looming challenge as significant enough to dent their profitability.