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Meet CFO of Mukesh Ambani's Rs 1772456 crore conglomerate, bought Rs 40 crore flats, he earned…

Srikanth Venkatachari holds one of the most vital financial jobs in the country leading India's largest company by market capitalization, revenue and net profit.

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Jio Financial Services: BlackRock to re-enter India through JV with Ambani's new financial arm Jio Financial Services

This will mark an India comeback for Wall Streets green crusader Larry Fink, chairman of Blackrock, after parting ways with long-time partner Hemendra Kothari of DSP. The joint venture will be called Jio Blackrock and will launch operations after regulatory and statutory approvals. The company will have its own management team.

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BlackRock to Re-enter India Via JV with Jio Fin

BlackRock Inc, the worlds largest asset manager, is set to join forces with Indias largest company Reliance Industries Ltd (RIL), marking a return to the country after exiting in 2018, said people aware of the development.

United-kingdom , United-states , India , America , Sachin-salgaonkar , Larry-fink , Aliasgar-shakir , Hitesh-sethia , Deepak-parekh , Srikanth-venkatachari , Mukesh-ambani , Hemendra-kothari

BlackRock enters India through JV with Ambani's new financial arm Jio Financial Services

This will mark an India comeback for Wall Streets green crusader Larry Fink, chairman of Blackrock, after parting ways with long-time partner Hemendra Kothari of DSP. The joint venture will be called Jio Blackrock and will launch operations after regulatory and statutory approvals. The company will have its own management team.

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RIL Profit Drops 6% in Q1 on Weak Oil-to-Chem Showing

Reliance Industries Ltd (RIL), India's biggest company by market capitalisation, reported a 6% drop in consolidated profit in the June quarter from the year earlier on account of a weak oil-to-chemicals (O2C) performance as well as higher finance costs and increased depreciation.

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RIL Q1 results: RIL profit drops 6% in Q1 on weak oil-to-chem showing

RIL's profit fell to ₹18,258 crore, from ₹19,443 crore. Adjusted for ownership in subsidiaries, consolidated net profit for the quarter attributable to shareholders was ₹16,011 crore, down from ₹17,955 crore a year earlier. The O2C weakness was due to the base effect due to the Ukraine war, said the company.

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