BlackRock Inc. (BLK) and India-based Jio Financial have obtained approval from the Securities and Exchange Board of India to commence operations of their mutual fund business.The joint venture (JV), Jio BlackRock Asset Management, plans to launch a broad range of investment products in the upcoming quarters based on a “digital first” approach for retail and institutional investors.These products will apply BLK’s capabilities in data-driven investing, including “Aladdin.” Sid Swaminathan has been appointed a ...