Top fund house Reliance Capital Asset Management Company (RCAM) has filed papers with markets regulator Sebi for launching a Korea-focussed fund in Indian markets.
Reliance Mutual Fund (MF) has hiked stake in Tatas-run Indian Hotels to nearly eight per cent, making the hospitality sector another key area with significant investments by the two Ambani groups
After acquiring Goldman Sachs' India mutual fund business, top fund house Reliance Capital Asset Management (RCAM) is looking for more acquisitions in this highly-fragmented market.
Reliance Capital Asset Management (RCAM) has announced takeover of global giant Goldman Sachs' mutual fund business in India for Rs 243 crore in an all-cash deal as yet another foreign player exits the Rs 13 lakh crore Indian
In Reliance Life, Nippon plans to hike the stake from 26 per cent to 49 per cent, while it would increase its holding in Reliance Capital Asset Management Company from 35 per cent to 49 per cent.