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22.08 / 09:59

COST Provident Digital Career CEO Simulation Financial Unlock CFO Excellence: Enroll in the IIM Calcutta Chief Financial Officer Programme

22.08 / 09:54

jio financial jio financial services services Financial Why Jio Financial Services Is A Hot Stock Today | MINT Detangle Explains in 1 Minute.

Why Jio Financial Services Is A Hot Stock Today | ... moreWhy Jio Financial Services Is A Hot Stock Today | MINT Detangle Explains in 1 Minute.

22.08 / 07:47

COST UPS Action jio financial jio financial services services stake acquires Financial LIC acquires 6.66% stake in Jio Financial Services through demerger process

Jio Financial Services, the demerged non-banking financial services unit of the Mukesh Ambani-led Reliance group. "… Corporation has acquired 6.660 per cent shareholding in 'Jio Financial Services Ltd' through demerger action by 'Reliance Industries Ltd'," LIC said in a regulatory filing.Jio Financial Services listed on the stock exchanges on August 21.

22.08 / 06:25

COST Discover performer jio financial jio financial services services acquires Financial Jio Financial Services Demerger: LIC acquires 6.66% shareholding in JFSL

Life Insurance Corporation of India (LIC), the state-run insurance behemoth, on Tuesday announced that it has acquired 6.66% shareholding in Jio Financial Services Ltd. (JFSL). In an exchange filing, LIC said that the cost of acquisition of JFSL shares, which was done through the demerger of the non-banking financial entity, is 4.68% of the pre-demerged cost of Reliance Industries as per the notice of the company dated July 19.

22.08 / 04:35

UPS Digital Booking Ripple Platform stage jio financial Financial Rs 1 lakh crore-umbilical cord links fate of Jio Financial shares with RIL

Reliance Industries, about 60% of the Rs 1.6 lakh crore-market capitalisation of Jio Financial Services or JFSL is nothing but a result of its 6.1% stake in parent entity RIL. As part of the demerger, JFSL has received 413 million treasury shares or 6.1% of the total share capital of RIL. At the current market price, the value of these shares is about Rs 1 lakh crore. JFSL can either sell these shares in a staggered manner or simply hold on to them.

22.08 / 04:31

Discover band jio financial jio financial services share price services Financial Jio Financial Services share price hit 5% lower circuit for second straight session

₹239.20 apiece, 5% lower than the previous closing price of ₹251.75 apiece on the BSE. Jio Financial Services Limited (JFSL), formerly known as Reliance Strategic Investments Limited, the demerged financial arm of Reliance Industries, made its stock market debut on August 21.

22.08 / 00:43

Provident FIVE Strategy NIFTY track jio financial Financial Jio Financial lists on D-St, falls 5% on expected passive fund selling

Jio Financial Services fell 5% on debut Monday amid expectations of a flood of sale orders from passive funds which can't hold the shares anymore. But the company is confident of making strides in lending business with the best of technology. The shares which listed earlier than anticipated fell to ₹251.75 on the BSE, giving it a market value of ₹1.6 lakh crore, after opening trade at ₹265 apiece.

22.08 / 00:41

UPS Provident Action Strategy class action Financial Class Action Filed Against Fenwick & West, LLP, Former Law Firm of FTX, in Connection with Largest Financial Fraud in U.S. History

A class action complaint has been filed against Fenwick & West, LLP («Fenwick»), a prominent law firm, in the United States District Court, Northern District of California, San Francisco Division, on August 7, 2023. The complaint alleges Fenwick's involvement in the FTX disaster, described as «the largest financial fraud in US history.»

21.08 / 18:07

Booking NIFTY Discover SENSEX show track jio financial Financial Selling by funds spoils Jio Financial market debut

Nifty and the Sensex will sell almost 150 million shares on its imminent exit from benchmark indices. However, analysts said the stock would likely turn attractive once the near-term pricing pressure abates, thanks to its ability to leverage the ₹1 trillion of net worth bestowed in the form of Reliance Industries Ltd (RIL) treasury stock that emanates from the 2002 merger of Reliance Petroleum Ltd with RIL.

21.08 / 14:49

COST Provident NIFTY SENSEX band exclusive jio financial Financial Jio Financial shares list on bourses; what’s the tax liability for investors?

Jio Financial Services made its official debut on the exchanges, listing at a price slightly higher than its derived price. While the listing was a booster shot, the stock succumbed to selling, largely by passive index funds, who needed to adjust their portfolio ahead of the exit of Jio Financial from Nifty 50 and Sensex. The stock will be removed from the indices on Thursday, provided it does not hit the price band for two consecutive days.

21.08 / 13:07

Provident NIFTY SENSEX band exclusive jio financial Financial Jio Financial to move out of trade-for-trade segment from September 4

Jio Financial Services (JFSL) will move out of the trade-for-trade segment and be part of the rolling segment, effective September 4, BSE and NSE said via separate circulars. Shares of the demerged entity of Reliance Industries (RIL) were officially listed on the exchanges on Monday at a slight premium to the derived price. On July 20, stock exchanges added Jio Financial to key indices, including the Sensex and Nifty 50, following the demerger of the financial services business Reliance Strategic Investments.

21.08 / 13:01

CEO Discover band jio financial jio financial services services Financial Jio Financial Services lists on bourses today, shares hit 5% lower circuit: What happens next?

Reliance Industries, made its stock market debut on August 21. The stock was listed at ₹265 per share on the BSE and ₹262 per share on the NSE against the discovered price of ₹ ₹261.85 apiece. However, the JFSL shares soon crashed 5 per cent to hit its lower price band of ₹251.75 on BSE.

21.08 / 11:25

Enterprise NIFTY SENSEX Reliance Industries jio financial jio financial services Power services Financial Top gainers, losers today: Power Grid, Bajaj Finance, Jio Financial Services, Reliance Industries; check full list

lending rate by 10 basis points. However, it surprised analysts by keeping the five-year rate unchanged. Analysts expected both rates to go down by 15 basis points (bps) as China, the world's second-largest economy, is facing problems like falling property prices, less spending, and decreasing credit growth.

21.08 / 07:27

Provident NIFTY SENSEX band exclusive jio financial jio financial services services Financial Jio Financial Services becomes 51st active stock on Nifty 50, but what’s next?

Jio Financial Services shares commencing nearly a month after being included in indices, benchmark Nifty50 got its 51st active stock, and Sensex its 31st stock. Jio Financial shares listed on the stock exchanges on Monday at a slight premium to the derived price. On July 20, stock exchanges had added Jio Financial to key indices, including the Sensex and Nifty50 following the demerger of the financial services business of Reliance Industries.

21.08 / 06:51

Lowe's Booking jio financial jio financial services share price services Financial Jio Financial Services Ltd (JFSL) share price hits 5% lower circuit after muted listing. Buy, sell or hold?

₹265 on BSE and at ₹262 on NSE, which is at par with its market value of ₹261.85 (ascertained on JFSL record date). However, pain for shareholders didn't end here and it went down further and hit intraday low of ₹248.90 on NSE and ₹251.75 on BSE — hitting 5 per cent lower circuit on both exchanges. According to stock market experts, fair value of Jio Financial Services share price comes around ₹180 apiece levels and market is expected to discount further as the stock is still trading at much higher price than its fair value.

21.08 / 06:51

UPS NIFTY services valuation Financial Stock market valuation rich, most positives already discounted, says Raamdeo Agrawal of Motilal Oswal Financial Services

Indian market is strong, said Raamdeo Agrawal, Chairman of Motilal Oswal Financial Services in an interview with the Economic Times (ET). "Right now, market trends are a lot dependent on the trends in FII behaviour. When FIIs were buying continuously for 15-20 days last month, it took the Nifty to nearly 20,000.

21.08 / 06:43

FIVE Booking folk jio financial Financial Is there value in Jio Financial after its listing today? Digant Haria answers

«I do not see that this should get a runaway valuation of say two times, three times. They need to prove as this one-and-a-half, Rs 1.6 lakh crore market cap itself is a lot of respect to the Reliance Group, I think beyond that it is a lot of hard work,» says Digant Haria, GreenEdge Wealth.Is there value in Reliance Jio after listing today because it will be listing at a market cap of about 1.7 lakh crore. Do you think there is value in that franchise?See, I just think that it is listed at a very fair price like one-and-a-half times of consolidated net worth.

21.08 / 05:45

UPS Reuters Gap Deloitte audience Financial Success of Women's World Cup can't hide financial gap with men

Now, in line with a global boom in women's football, they are being paid, receive instructions from a full-time coach, enjoy the same multi-million pound training facilities as the men — and no longer moonlight as rubbish collectors. «In such a short time, we've seen massive changes,» said 24-year-old midfielder Molly Holder, in her third campaign at Stoke.

21.08 / 03:35

UPS Target FIVE Gap country Support Financial China's financial regulators urge support for resolving local debt risks

BEIJING — Chinese financial regulators at a central and regional government level held a video conference Friday to discuss the resolution of financial risks, according to a readout Sunday from the People's Bank of China.

21.08 / 02:45

jio financial jio financial services services Financial Jio Financial Services Listing Live: JFSL shares to list on exchanges today; experts predict strong debut

₹73 in grey market today, which means Jio Financial Services GMP (grey market today) is ₹73. But, as per the stock market experts, much will depend upon the kin do opening Indian stock market gets on Monday.

21.08 / 02:05

UPS IPO Booking jio financial jio financial services services Financial Jio Financial Services Ltd (JFSL) share listing date today. What GMP, experts signal?

Reliance Strategic Investments Limited) shall be listed and admitted to dealings on the Exchange in the list of T Group of Securities. Jio financial Services Ltd share price will be in Trade-for-Trade segment for 10 trading days. Hence, during Monday session, JFSL listing will be a part of special pre-open session for IPO and Other category of scrips.

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