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9:41
FirstScroll
17 Aug
Business

JioBlackRock wants to manage your money at near-zero fees

By FirstScroll•5 min read

The Big Picture

JioBlackRock raised ₹17,800 crore in three days selling funds with rock bottom fees. Here's who the cheap money really serves, and where it actually sits.

Also in today's brief

  • 01UPI Was Never Free. Here's Who Paid
  • 02Why Investors Bid 74x for a Wire Maker

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JioBlackRock wants to manage your money at near-zero fees
Business
5 min read•17 August 2026 Trending

JioBlackRock wants to manage your money at near-zero fees

JioBlackRock raised ₹17,800 crore in three days selling funds with rock bottom fees. Here's who the cheap money really serves, and where it actually sits.

Read Article
UPI Was Never Free. Here's Who Paid
Business
5 min read•16 August 2026

UPI Was Never Free. Here's Who Paid

Parliament just cleared the way for a fee on UPI merchant payments. Here's who has been footing the bill since 2020, and why that money ran out.

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Why Investors Bid 74x for a Wire Maker
Markets
5 min read•15 August 2026

Why Investors Bid 74x for a Wire Maker

Dhoot Transmission's ₹3,067 crore IPO drew bids 74 times over. Here's why a bundle of copper wires becomes 2.5x more valuable when a scooter goes electric.

Read Article
Why Accenture Asked 8 Lakh Staff to Skip Vacation
Business
5 min read•14 August 2026

Why Accenture Asked 8 Lakh Staff to Skip Vacation

Accenture told employees to defer holidays and push sales before August 31. Here's the bookings machinery behind the memo, and what it means for Indian IT.

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Shiprocket IPO: India's Biggest Shipper Owns No Trucks?
Markets
5 min read•13 August 2026

Shiprocket IPO: India's Biggest Shipper Owns No Trucks?

Shiprocket ships crores of parcels without owning a single truck, yet still loses money. Here's how the aggregator model works and where it cracks.

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Why Did Bharat Forge Post a Loss Despite 19% Growth?
Markets
5 min read•12 August 2026

Why Did Bharat Forge Post a Loss Despite 19% Growth?

Bharat Forge grew revenue 19% yet posted a ₹90 crore loss and crashed 9%. Here's how a German goodbye cheque explains it all.

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