The collaboration stems from an agreement inked in July 2023, signaling a strategic partnership to invest in their existing special purpose vehicle Digital Connexion, , joint venture, data centre, Reliance Industries (RIL), Brookfield Infrastructure, Digital Realty
Reliance Industries reported strong Q2 growth across its energy, retail, and telecom divisions, with a 30% YoY rise in operating profit to ₹44,867 crore. Robust performance in the oil-to-chemicals, exploration, and retail segments, along with a surge in Singapore gross refining margin, contributed to RIL s success. With RIL s improving financials and debt stabilization, investor concerns have eased.
Jio Financial Services plans to collaborate with global players in the insurance industry while harnessing the power of predictive data analytics to co-create tailored insurance products with partners, , Reliance Industries (RIL), insurance sector, blackrock, Jio BlackRock
The mutual fund market in India is warming up with recent additions of new players, such as Mukesh Ambani s Jio Financial Services, Nithin Kamath s Zerodha AMC, and Samir Arora s Helios Capital.
Jio BlackRock will bring BlackRock’s expertise and in investment management, risk management, access to technology, operations, scale, and intellectual capital around markets