Mon Nov 25 04:20:00 UTC 2024: **Jio Financial Services Joins BSE Sensex 50; Ambani’s Net Worth Nears $100 Billion**
**Mumbai, India (November 23, 2024)** – Jio Financial Services (JFS), led by Akash Ambani, will join the BSE Sensex 50 index on December 23, 2024, marking a significant milestone for the company and the Ambani family. The announcement was made by Asia Index Private Ltd., a subsidiary of the Bombay Stock Exchange (BSE).
The inclusion of JFS, along with online food delivery service Zomato and Hindustan Aeronautics Ltd (HAL), is part of a broader index reconstitution. Several companies, including HDFC Life Insurance Company, Bharat Petroleum Corporation Ltd, and LTI Mindtree, will be removed from the index. The changes will also affect other BSE indices, including the BSE 100 and BSE Sensex Next 50.
This development comes as Mukesh Ambani’s net worth, according to Forbes Real-Time Billionaires List, has slightly increased, nearing $100 billion. While the inclusion in the Sensex 50 is a positive indicator for JFS’s growth, the impact on Ambani’s overall wealth remains to be seen. Elon Musk remains the world’s richest person, with a net worth exceeding $300 billion.
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