# Tata Trusts meet postponed; Jio BlackRock gets GIFT City nod; Lenskart block deal & more.

*business · news · 2026-05-08 · CNBC TV18*

## Key points

- Tata Trusts postponed its meeting to May 16 to discuss Tata Sons board nomination.
- Jio BlackRock Mutual Fund received IFSCA approval to operate and launch commodity ETFs in GIFT City.
- Lenskart saw a ₹5,830.6 crore block deal involving 7.07% of its equity on May 8.
- Arvind acquired US-based Dalco-GFT for direct entry into the $2.5 billion US nonwoven market.

**Companies:** BlackRock, Jio Financial Services, Tata Sons, Tata Trusts, Lenskart Solutions Ltd., Arvind Limited
**Countries:** India, United States, Saudi Arabia, Kuwait

[Read the full story on CNBC TV18](https://www.cnbctv18.com/business/1111-tata-trusts-meet-postponed-jio-blackrock-gets-gift-city-nod-lenskart-block-deal-more-ws-l-19901684.htm)

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