AMC stocks surge as Sebi defers TER rationalisation The income of AMCs rises with an increase in TER, and vice versa. As a result, the profitability of AMCs… July 1, 2023 02:30 IST
NCLT reserves order on Torrent plea to halt fresh auction for RCap; directs lenders to maintain status quo The Reserve Bank of India (RBI) had applied to initiate Corporate Insolvency Resolution Process (CIRP) against the Reliance Group company… January 23, 2023 21:53 IST
Nippon Life top brass to visit India The top management’s visit comes at a time after Nippon’s and Aditya Birla Capital merger talks failed to make any… November 28, 2022 04:45 IST
Battle for Reliance Nippon Life Insurance: Nippon top brass likely to visit India Japan’s Nippon Life, which holds 49 per cent stake in RNLIC, is opposed to the entry of Aditya Birla Sun… November 27, 2022 15:45 IST
Merger talks between Nippon Life and Birla Sun Life fall flat n case of a merger, Nippon Life’s stake in Reliance Nippon Life Insurance Company (RNLIC) would have been heavily diluted… Updated: November 15, 2022 08:22 IST
Nippon Life has no plans to exit Reliance Nippon Life The letter was sent to RCap’s insolvency administrator after its committee of creditors (CoC) approved a proposal by Aditya Birla… October 18, 2022 01:00 IST
Aditya Birla Capital gets nod to bid for Reliance Nippon Life Insurance The approvals were accorded following the CoC meeting held last week, sources close to the development said. October 17, 2022 04:30 IST
Aditya Birla Finance evinces interest in Reliance Nippon Life Earlier, Gujarat-based Torrent Group had partnered with Nippon Life Insurance to bid for RCap’s 51% stake in Reliance Nippon Life… October 15, 2022 01:15 IST
Torrent Group may place bid for Reliance Nippon If successful, the bid would mark the foray of the Gujarat-based Torrent Group — which has a presence in pharmaceuticals,… September 23, 2022 01:05 IST
AMC stocks underperform benchmarks since March According to Rusmik Oza of Kotak Securities, the AMC stocks are trading quite expensive in the context of muted earnings… February 20, 2021 02:30 IST
Nippon Life increases stake in Reliance Life to 49% at Rs 2,265 cr The Japanese company will be investing an aggregate value of Rs 2,265 crore to acquire an additional 23 per cent… Updated: November 24, 2015 13:38 IST
Nippon plans to acquire 23% stake in Reliance Life for Rs 2,500 cr Japan’s Nippon Life Insurance plans to acquire another 23 per cent stake in Reliance Life Insurance for about Rs 2,500… October 26, 2015 13:59 IST
Nippon Life to hike stake in RCAM to 49% Japanese co has invested a total of R3,033 crore for 49% stake in Anil Ambani-led company October 14, 2015 00:11 IST
Nippon Life buys 14 per cent more stake in Reliance Capital for 1,196 crore In the biggest ever FDI in Indian mutual fund industry, Japanese giant Nippon Life today acquired 14 per cent additional… Updated: October 13, 2015 13:16 IST
Nippon Life to hike stake in Reliance life insurance, mutual fund business: Anil Ambani In Reliance Life, Nippon plans to hike the stake from 26 per cent to 49 per cent, while it would… September 30, 2015 11:45 IST
Nippon Life to raise stake in Reliance Capital to 49 pct Nippon Life Insurance of Japan will increase its stake in Reliance capital Asset Management, a part of Reliance capital… November 27, 2014 00:43 IST
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