Tag: finance

Franklin Templeton

Founded in 1947 in New York by Rupert H. Johnson, Franklin Templeton has over 455 different open-ended mutual funds and 7 closed-end funds in the fund family. This firm has been in the highlights since its big reveal of winding up of 6 of its debt schemes April 29,2020. This move resulted in a sudden […]

Tags account, Asia, bank, banking, Bloomberg, Business, cash, credit, debt, finance, franklin templeton, IIFL, India, instrument, investment, Money, Mumbai, New Delhi, new york, RBI, reserves, risk, securities

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The Facebook Jio Deal

THE DEALFacebook, certainly the largest social media player based in USA, has invested Rs. 43,574 crores in Reliance Jio, a Reliance Industries Ltd. undertaking, for a 9.99% stake. The news came out on 22 April morning and triggered the bulls for both the shares on their respective markets. RIL (on NSE) closed at Rs. 1363.60 […]

Tags acquisition, economy, facebook, facebookdeal, finance, India, investment, Jio, Jiodeal, merger, Netflix, NSE, reliance, USA, whatsapp, wordpress

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