
The Reserve Bank of India (RBI) had applied to initiate Corporate Insolvency Resolution Process (CIRP) against the Reliance Group company…
The top management’s visit comes at a time after Nippon’s and Aditya Birla Capital merger talks failed to make any…
Japan’s Nippon Life, which holds 49 per cent stake in RNLIC, is opposed to the entry of Aditya Birla Sun…
n case of a merger, Nippon Life’s stake in Reliance Nippon Life Insurance Company (RNLIC) would have been heavily diluted…
The letter was sent to RCap’s insolvency administrator after its committee of creditors (CoC) approved a proposal by Aditya Birla…
The approvals were accorded following the CoC meeting held last week, sources close to the development said.
Earlier, Gujarat-based Torrent Group had partnered with Nippon Life Insurance to bid for RCap’s 51% stake in Reliance Nippon Life…
If successful, the bid would mark the foray of the Gujarat-based Torrent Group — which has a presence in pharmaceuticals,…
According to Rusmik Oza of Kotak Securities, the AMC stocks are trading quite expensive in the context of muted earnings…
The Japanese company will be investing an aggregate value of Rs 2,265 crore to acquire an additional 23 per cent…
Japan’s Nippon Life Insurance plans to acquire another 23 per cent stake in Reliance Life Insurance for about Rs 2,500…
Japanese co has invested a total of R3,033 crore for 49% stake in Anil Ambani-led company
In the biggest ever FDI in Indian mutual fund industry, Japanese giant Nippon Life today acquired 14 per cent additional…
In Reliance Life, Nippon plans to hike the stake from 26 per cent to 49 per cent, while it would…
Nippon Life Insurance of Japan will increase its stake in Reliance capital Asset Management, a part of Reliance capital…