India, Feb. 6 -- India's billionaire Mukesh Ambani, at a recent event, recalled how a million-dollar deal between him and BlackRock's Larry Fink, which led to Jio BlackRock, was struck during a 5-minute car ride. The Reliance Industries Chairman recalled the incident while in conversation with the BlackRock CEO at the JioBlackRock's 'Investing for a New Era' event held in Mumbai.

"It was a conversation that we had in 2023 and it just took me 5 minutes to say 'Larry, Blackrock should be back in India'." At this point, Fink added, "During a 5-minute car ride. We had to go to Point A and Point B and we accomplished it in a car ride."

Ambani continues, "And here you are with your full team. So, thank you for coming back to India and India w...