Author: Punit Panchal

New Delhi: BlackRock Inc., the world’s largest asset manager, is in talks with Mukesh Ambani’s Jio Financial Services to establish a 50-50 joint venture, focusing on private credit in India. The partnership aims to provide loans to a wide range of businesses, from large corporations to startups. If the deal materializes, this would be BlackRock’s third collaboration with Ambani’s group, following earlier ventures in asset management and stock broking in the country. SEBI (Securities and Exchange Board of India) has granted in-principle approval for the setup of Jio Financial and BlackRock’s mutual fund business. The two firms plan to tap…

New Delhi: On October 18, 2024, For centuries, card games have provided people with diversions ranging from playing just for fun to racing short sallies to the finish line. In the vast world of card games, Rummy has an important place. But what makes it so different from the others? Let’s unravel the unique charm of this game and understand its popularity. Are they just Luck or a Strategy? Many card games are reduced to random choice by their reliance on luck and chance. Luck does play some part in Rummy too, but it is the strategy which really makes it shine.…

New Delhi: On October 18, 2024,  Arif Patel is a renowned Dubai businessman and well-recognized for his leadership skills, sharp vision, and contributions made towards various industries. Patel has not only transformed his companies but also significantly impacted the industries particularly in energy and finance. Arif Patel is the founder of Preston Trading and the Chief Executive of ABC Capital. He has had a big effect on the businesses he works in. Because of his entrepreneur and good strategist skills, he was awarded as one of the Top 10 Best Investment Company Executives globally, as an honor. Arif Patel spent his…

New Delhi: On October 16, 2024, the share price of Cochin Shipyard fell by 3.68% after opening 4.01% in the red for the day. The intraday low for the stock remained at Rs 1590. Due to this recent fall, the company has taken a lot of attention to its strategies in managing stocks. Contrarily, in the last calendar year, the shares have given an excellent return of 216% in relation to the Nifty’s return of 27%. Cochin Shipyard is no exception to the overall decline in the shipbuilding sector, which also witnessed a decline of 3.63%. At least a year…