BlackRock

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Markets, IPOs & Wealth 19 Oct 2026, 02:00 PM IST

Jio’s Mega IPO Draws Record Rs 2.5 Lakh Crore Anchor Demand as BlackRock, GIC and LIC Join

Jio Platforms has triggered one of the strongest institutional responses ever seen in India’s capital markets, with anchor demand reportedly reaching about Rs 2.5 lakh crore ahead of its Rs 30,200 crore initial public offering. The offering, set to open on October 21 with a price band of Rs 1,065 to Rs 1,119 per share, has drawn participation from marquee global and domestic investors including BlackRock, GIC and LIC. The company plans to use most of the proceeds to reduce debt, a move that could strengthen its balance sheet and sharpen investor confidence.

By RDU Global Wire5 min read

Global Markets & Equities05 Oct 2026, 06:47 AM IST

Texas Emerges as a New U.S. Financial Center as Wall Street Backers Pour in Capital

Texas is rapidly strengthening its claim to be America’s next financial hub, with a new exchange venture drawing heavyweight backing from some of Wall Street’s most influential firms. The push reflects a broader shift in U.S. market structure, where lower costs, business-friendly regulation and a deepening corporate base are pulling capital and listings south.

5 min readRead →

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Co-Occurring Entities

Entities frequently referenced alongside BlackRock:

New Delhi(1)Life Insurance Corporation of India(1)Jio Platforms(1)India(1)GIC(1)