Here’s a quick look at stocks likely to be in focus in today’s trade. Trent and Bharat Electronics: In a significant move by the National Stock Exchange (NSE), Trent and Bharat Electronics Limited (BEL) will be added to the prestigious Nifty 50 index, effective from September 30. This reshuffle highlights the growing importance of these …
Jio Financial Services Ltd Sunday said it has received approval from the Department of Economic Affairs to increase its aggregate limit of foreign investment (including FPIs) to 49% of the paid-up equity share capital on fully diluted basis. Foreign investors currently hold 17.55% stake in the company out of the close to 53% public float …
Trent (TRENT), a subsidiary of Tata Group, and Indian public sector aerospace and defence electronics company Bharat Electronics (BHEL) may find a place in the Nifty 50 index in the Index Maintenance Sub-Committee meeting to be held on August 23, according to JM Financial. LTI Mindtree (LTIM) and Divis Laboratories (DIVI) are likely to be …
Stocks to watch, HUL, Birla Estates, Lupin, DEN Networks, Jio Financial Services, SpiceJet, Vedanta, Unichem Lab and more, these are the stocks to watch for today. https://www.cnbctv18.com/market/stocks/hul-birla-estates-lupin-den-networks-unichem-lab-and-more-stocks-to-watch-on-july-16-19443603.htm Copied HUL | FMCG major said its board approved the sale and divestment of the company’s water purification business to A. O. Smith for ₹601 crore. The water …
Mumbai: After launching the loans against mutual funds and auto insurance businesses in July, Jio Financial Services Ltd is now looking to expand its secured lending portfolio through the launch of loans against property (LAP) and loans against securities in the coming months. “We will continue to expand our product suite in the coming quarters …
Jio Financial Services Ltd has introduced its “JioFinance” app in beta mode, aiming to transform daily financial management and digital banking through a user-friendly interface. According to the official release, the “JioFinance” app provides a seamless integration of digital banking features such as UPI transactions, bill payments, and insurance advisory services. Users can conveniently oversee …
Jio Financial Services on Thursday said it has sought shareholder approval to increase the share of foreign investments in its equity capital to up to 49% post-conversion into a core investment company (CIC). This comes after the board on 27 December approved foreign investments — including foreign portfolio investments — of up to 49%. As …
Jio Financial Services, the financial services arm of Reliance Industries Ltd. has been included in the Nifty Next 50 index as part of the semi-annual index rejig carried out by the National Stock Exchange. The adjustments on the index will take place on March 28. Jio Financial is among the five names, along with REC, …
Jio Financial Services shares have rallied more than 48% in the past three months and over 40% on a year-to-date (YTD) basis, with its market capitalization crossing ₹2 lakh crore. The demerged entity of Reliance Industries Ltd (RIL), Jio Financial Services was listed on the stock exchanges on August 21, 2023. Meanwhile, Reliance Industries share …
Jio Financial Services “has not been in any negotiations” to acquire Paytm’s wallet business, it said in a clarification to the exchanges after reports stated that the Mukesh Ambani-led financial services provider was in talks to acquire Paytm wallet. Reliance Industries Limited chairman Mukesh Ambani. (AFP) {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} “We have always made and …