FIPB clears 15 FDI proposals worth Rs 7,262 cr
Fp Archives • 9 years agoJapanese insurer Nippon Life Insurance, Tata AIA and Aviva Life were among the 15 companies whose foreign direct investment proposals totalling Rs 7,262 crore have been approved by the FIPB.
Nippon Life to raise holding in Reliance Life to 49% for Rs 2,265 crore
Fp Archives • 9 years agoReliance Capital said the transaction pegged Reliance Life Insurance's valuation at approximately at Rs 10,000 crore
Nippon to acquire 23% more in Reliance Life Insurance for Rs 2,500 cr
Fp Archives • 9 years agoFollowing the proposed stake hike, Reliance Life Insurance likely to be valued at around Rs 11,000 crore
Reliance Capital Q3 net profit rises 28% on growth in MF business
Fp Archives • 10 years agoFinancial services major, Reliance Capital today reported 28 percent rise in its third quarter net profit at Rs 213 crore on robust growth in insurance and mutual fund businesses
MEC India adds more Reliance Group business
Fp Staff • 11 years agoRCap up 4% on bourses on insurance biz stake sale buzz
Fp Archives • 13 years agohares of Reliance Capital surged by 4 percent on the bourses today after the company said it has received in-principle approval from insurance sector regulator IRDA for its proposed 26 percent stake sale in Reliance Life Insurance to Japan's Nippon Life.
Reliance Life Q1 net jumps 140% to Rs 19 crore
Fp Archives • 13 years agoReliance Life Insurance has recorded a whopping 140 percent jump in the first quarter net profit to Rs 19 crore in the current financial year.
Sebi approves RCap's AMC stake sale to Japan's Nippon
Fp Archives • 13 years agoAnil Ambani-led Reliance Capital said it will sell 26 percent stake for Rs 1,450-crore stake in its mutual fund business unit to Japan's Nippon Life.
RBI approves Reliance Life stake sale to Nippon
Fp Archives • 13 years agoReliance Capital has received approval from the RBI for its proposed 26 percent stake sale in Reliance Life Insurance to Japan's Nippon Life.
Reliance Bank and stake sale: RCap's big announcements
Fp Staff • 13 years agoAmbani is exploring all opportunities to enter the banking sector. Stake sale in Reliance Communications' tower business was also part of the big announcements made yesterday in the compnay's AGM.