Reliance Capital claims stake sale to halve firm's debt over next 3-4 months; lines up non-core assets for monetisation
Reliance Nippon is valued at over Rs 5,000 crore and sale of controlling stake is expected to be at a significant premium to market, the statement claimed.
DHFL currently holds 50% stake in DHFL Pramerica Asset Managers (DPAM), with 17.12% directly and 32.88% through subsidiary DHFL Advisory and Investments
Quality of debate on economic issues has suffered, says Arun Jaitley at Moneycontrol Wealth Creator Awards
Addressing the inaugural edition of the Moneycontrol Wealth Creator Awards through a video link, Jaitley said, “digital platforms like Moneycontrol are serving a great national purpose by making debate, discussion and policy formulation, meaningful,” he said.
The govt panel will also have representatives from the ministries of railways, finance, power, coal and the lenders having major exposure to the power sector.
The minimum FDI capital is $20 million for unregistered/exempted entities engaged in 'fund based activities'.
The government recently raised Rs 14,500 crore through Bharat 22 ETF, which saw bids of nearly Rs 32,000 crore coming in
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She’s the Boss identifies India’s leading business leaders: women who have not only broken glass ceilings but also shattered them.
Fresh stake hike by Nippon Life pegs Reliance Capital's mutual fund arm at Rs 8,542 crore
Sun Life also owns 49 percent of Birla Sun Life Asset Management
SBI is planning to sell shares in its insurance and asset management subsidiaries
The GRF covers a full spectrum of financial data management including positions, cash, income/ expenses and profit and loss.
Agile FT has already acquired and merged the insurance software business division of Access Information Systems, a niche player in the core insurance space.
The software integrates and makes sense of data collected from networks of sensors including Radio Frequency Identification or bar code readers, and mobile handheld devices.
Patni's solutions will empower financial services organisations by stabilising key technology areas including reporting systems, accounting systems, security systems and compliance systems.