For FIVE years, Tirupati’s laddus were made with chemicals and animal fat, not real ghee.
Monoglycerides. Acetic acid. Synthetic esters…These are the chemicals that went into the so-called “ghee” supplied to Tirupati between 2019-2024.
🚨3I/ATLAS Just Proved It’s Not Moving Naturally 🧵
Avi Loeb just confirmed the first evidence of a non-gravitational acceleration in 3I/ATLAS as it reached perihelion on Oct 29.
That means the object isn’t following the Sun’s pull alone, it’s propelling itself.👇
🚨 The most expensive residential property deal ever recorded in India.
Leena Gandhi Tewari, chairperson of pharmaceutical giant USV, purchased two ultra-luxury, sea-facing duplex apartments in the upscale Worli area for a staggering ₹639 crore, at ₹2.83 lakh per sqft.
Media Release - JioBlackRock Asset Management receives SEBI approval for mutual funds business
Sid Swaminathan appointed as MD & CEO of the new asset management company
Jio BlackRock Asset Management Private Limited (JioBlackRock Asset Management), a 50:50 joint venture between Jio Financial Services Limited (JFSL) [BSE, NSE: JIOFIN] and BlackRock [NYSE: BLK], has received regulatory approval from the Securities and Exchange Board of India (SEBI) to commence operations as an investment manager for their mutual fund business in India.
JioBlackRock Asset Management will bring an innovative investment proposition to the growing number of Indian retail mutual fund investors, as well as to institutional investors in India. The asset management company will seek to leverage the unique strengths of its two sponsors: JFSL’s digital reach and its deep understanding of the local market, alongside BlackRock’s global investment expertise and leading risk management technology.
Key differentiators for all investors of the JioBlackRock Asset Management offering will include competitive and transparent pricing and innovative products, supported by the application of BlackRock’s pre-eminent risk management expertise. This includes Aladdin, BlackRock's globally renowned proprietary technology platform that unifies the investment management process through a common data language. For retail investors, the offering will also be distinctive for its digital-first customer proposition. JioBlackRock Asset Management aims to launch a range of investment products, including those that apply BlackRock’s industry-leading capabilities in data-driven investing, over the coming months.
Isha Ambani, Non-Executive Director, JFSL, said: "India’s rapid growth is driven by a new generation with bold aspirations. Our partnership with BlackRock is a powerful combination of global investment expertise and Jio’s digital-first innovation. Together, we are committed to making investing simple, accessible, and inclusive for every Indian. I am confident that JioBlackRock Asset Management will play a transformative role in shaping the future of financial empowerment in India."
Rachel Lord, Head of International at BlackRock, said: “The opportunity in asset management in India today is tremendously exciting. JioBlackRock’s digital-first customer proposition, delivering institutional quality products at a lower cost directly to investors, will enable more people in India to enjoy the many benefits of access to the capital markets. Together with our partner JFSL, we look forward to contributing to the country’s continued evolution from a nation of savers to a nation of investors.”
BlackRock refers to BlackRock Financial Management Inc.
JioBlackRock Asset Management is also pleased to announce the appointment of Sid Swaminathan as it’s Managing Director and Chief Executive Officer (CEO).
Sid Swaminathan brings over 20 years of asset management experience to the role. He was previously Head of International Index Equity at BlackRock, where he was responsible for an AUM of $1.25 trillion. Prior to that, he served as the Head of Fixed Income Portfolio Management for Europe at BlackRock, responsible for Systematic and Indexed strategies.
Sid’s deep understanding of investments – across asset classes, investment styles and geographies – will play a key role in his leadership of JioBlackRock Asset Management, as the JV works to deliver innovative investment products to millions of investors in India.
Sid Swaminathan, Managing Director & CEO, Jio BlackRock Asset Management Private Limited, said: “JioBlackRock Asset Management aims to digitally deliver institutional quality investment products to investors across India and contribute to the growth of the country’s investment ecosystem. I am honoured to lead JioBlackRock Asset Management and help transform asset management in India by empowering investors to directly harness the potential of investing.”
🚨 Breaking News:
No IAF plane involved in Operation Sindoor was shot down or damaged during the retaliatory strike, strikes on all 9 targets were successful.
(CNBC)
BIG BREAKING NEWS 🚨 Indian Armed Forces launched ‘OPERATION SINDOOR’, hitting terrorist infrastructure in Pakistan.
From there only, terrorist attacks against India were planned and directed.
50 years old - I don't want to lose my mother.
70 years old - I would give up everything to have my mom here with me.
You only have one mom. Take care of her while she's still alive.
5 years old - Mom, I love you.
12 years old - Mom, I can't stand you.
16 years old - My mother is very annoying.
18 years old - I'm leaving this house.
25 years old - Mom, you were right.
30 years old - I want to go to my mom's house.
"Rothschild" is the most wealthiest and influential family, believed to control all the world's money through their banking empire since 18th C.
They have dominated various industries since and are said to lead the secret society that orders world events.
Let's uncover the past life of this family and explore how they became so powerful.