Jio

BlackRock Appoints Veteran Swaminathan to Lead India Venture with Jio

2 months ago

In a significant move that underscores the growing partnership between global investment firms and Indian technology conglomerates, BlackRock has announced the appointment of seasoned executive Swaminathan to spearhead its joint venture with Reliance Jio. This strategic decision is seen as a bold step in BlackRock's aim to expand its footprint in the rapidly evolving Indian market.

CEO of Norinchukin Bank, Oku, Faces Resignation Following Major Bond Losses

2 months ago

In a significant shake-up in the world of finance, Koji Oku, the CEO of Norinchukin Bank, has announced plans to resign after his institution reported staggering losses from bond investments. This revelation comes amid a challenging economic environment that has put considerable strain on financial institutions globally.

Reliance Industries Surpasses Profit Expectations Thanks to Strong Telecom Performance

3 months ago

Reliance Industries Ltd., the Indian conglomerate led by billionaire Mukesh Ambani, has reported an impressive rise in its quarterly profits, managed primarily through the robustness of its telecom sector. Despite facing a challenging economic landscape amplified by increased competition and regulatory changes, the company's latest financial disclosures have marked a significant achievement, exceeding market predictions and reinforcing investor confidence.

Reliance Industries Falls Short of Profit Expectations Amidst Struggles in Energy Units

6 months ago

Reliance Industries Limited, an Indian conglomerate with a diverse portfolio in petrochemicals, refining, oil, telecommunications, and retail, has reported disappointing financial results for its latest quarter. The company’s earnings have failed to meet market expectations due to underperformance in its energy sector, particularly in refining and petrochemical segments.