Jio Financial Services Ltd. (JFS), the financial services arm of Reliance Industries, hit the lower circuit for the second straight day on Tuesday, August 23, 2023. The stock closed at Rs. 239.20 on the BSE, down 5% from its previous close. There are a few reasons why JFS shares are continuing to fall. One reason … Read more
Shares of Jio Financial Services Ltd (JFSL) continued to decline on Tuesday, dipping 5% to ₹239.20 per share on the BSE and ₹239.20 per share on the NSE. This is the second day in a row that JFSL shares have fallen after making a weak debut on Monday. The sell-off in JFSL shares comes as … Read more
The Indian IPO market is gearing up for a busy few months, with a number of high-profile listings scheduled to take place. EbixCash IPO and Tata Technologies IPO are among the most anticipated. Tata Technologies is a subsidiary of Tata Motors and is one of the world’s leading engineering, design, and manufacturing services companies. The … Read more
Jio Financial Services listing is scheduled on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE)on August 21, 2023. Jio Financial Services (JFS) is the financial subsidiary of Reliance Industries. The shares were allotted to Reliance Industries (RIL) shareholders on August 10, 2023, in a ratio of 1:1. This means that every RIL … Read more
Reliance Industries Ltd. (RIL) has completed the demerger of its financial services business, Jio Financial Services Ltd (JFSL), and allotted shares to its eligible shareholders. JFSL is expected to list on the stock exchanges soon, creating value for its 36 lakh-strong shareholder base. According to a regulatory filing by JFSL, the company has allotted 635.32 … Read more
The ITC share price has fallen by 7% in the last two days due to a combination of factors, including: In addition to these factors, there are some other possible reasons for the decline in the ITC share price. For example, some investors may be concerned about the company’s recent financial performance. ITC’s revenue and … Read more
Twitter CEO Elon Musk announced on Sunday that the company’s iconic blue bird logo would be replaced with an “X”. Twitter new logo change went live on Twitter’s website and apps on Monday. Musk said that the new logo was “to embody the imperfections in us all that make us unique.” He also said that … Read more
ITC has approved the demerger of its hotel business to form a new entity called ‘ITC Hotels’. ITC Hotels demerger is expected to be completed by the end of the current financial year, which is March 2024. ITC will hold a 40 per cent stake in ITC Hotels, and the company’s shareholders will hold the … Read more