Jio Financial Services and BlackRock Expanding Into Stock Broking Sector
In January 2025, Mumbai based Jio Financial Services Limited (JFSL) announced that its joint venture, Jio BlackRock Investment Advisers Private Limited, has established a wholly owned subsidiary called ‘Jio BlackRock Broking Private Limited’ to enter the broking business, subject to regulatory approvals.
On January 29 2025, Mumbai (Maharashtra) based Tata Steel Limited(TSL), formerly known as Tata Iron and Steel Company Limited (TISCO), became India’s 1st Steel company to demonstrate the capability to develop steel pipes for hydrogen(H2) transportation, marking a significant step toward supporting India’s National Hydrogen Mission (NHM).
In January 2025, Mumbai (Maharashtra) based RMBS(Residential Mortgage-Backed Securitisation) Development Company Limited (RDCL) received its Certificate of Registration (CoR) from the
Reserve Bank of India (RBI) marking a major milestone for India’s housing finance sector.
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1. What are the implications of Tata Steel Limited developing hydrogen transport pipes for the steel industry? | ![]() |
2. How will RDCL's approval from RBI affect India's mortgage-backed securitization market? | ![]() |
3. What is the significance of hydrogen as an energy source in the context of the article? | ![]() |
4. What are mortgage-backed securities, and why are they important for the economy? | ![]() |
5. How does the development of green technologies like hydrogen transport align with India's economic goals? | ![]() |