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In July 2023, it was spun-off via a demerger, [3] with shareholders of Reliance Industries receiving one equity share of Jio Financial Services for every share they held in Reliance. [6] Reliance Industries transferred Rs 15,500 crore of cash and liquid investments to Jio Financial Services as part of the demerger scheme.
This index is one of the PSE indices also home to companies listed on the PSE Composite Index, namely Banco de Oro Universal Bank, Bank of the Philippine Islands, and Metrobank. The index is a continuation of the former PSE Financial Index , which was renamed during the reclassification of the PSE's indices on January 2, 2006.
Both systems were linked on March 25, 1994, to produce a One Price-One Market exchange. Two years later, on November 13, 1995, the implementation of the Unified Trading System (UTS) allowed the use of a single-order-book system on a MakTrade software where all the orders are posted and matched in one computer. They have nearly 10,000 employees.
Shell plc (NYSE:SHEL) shares are trading higher following fourth-quarter results. Revenue of $66.28 billion missed the consensus of $71.82 billion. Total production at Integrated Gas fell 4% ...
Continued central bank buying, geopolitical risks, and uncertainty over US tariffs have driven up gold prices to new records this year. Yahoo Finance 4 hours ago Rivian posts $170 million 'gross profit' in Q4, sees losses decreasing as variable costs improve
Shell also expects a $1.5 billion to $3 billion of non-cash, post-tax impairments and a $1.3 billion cash outflow linked to emissions-permit payments. The cash flow impacts stem from permit costs ...
The stock offers a massive 6.3% dividend, but multiple issues have weighed on the share price. Associated Press Finance 30 minutes ago No passengers, no planes, no benefits.
Jio soft-launched on 27 December 2015 with a beta for partners and employees [6] [7] [8] and became publicly available on 5 September 2016. It is the largest mobile network operator in India and the second largest mobile network operator in the world, with over 42.62 crore (426.2 million) subscribers.