Reliance Life Insurance Nippon
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Reliance Capital Lenders Finalise Resolution Plan
Lenders of debt-ridden Reliance Capital Ltd have decided upon the Request for Resolution Plan document
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Nippon Life Insurance To Raise Stake In Reliance Capital-Owned Asset Manager To 75%
Reliance Capital and Nippon Life Insurance Co both own 42.88% stake each in Reliance Nippon. Nippon Life will buy out most of Reliance Capital's stake with this deal, the asset manager said.
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Reliance Capital Offers To Sell 43% Stake In Asset Management Firm To Nippon Life Insurance
Reliance Capital Ltd asked partner Nippon Life Insurance to buy its entire 42.88% stake in Reliance Nippon Life Asset Management Ltd.
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Japan's Nippon Life Insurance Ups Stake in Reliance Life
Japan's Nippon Life Insurance on Wednesday increased stake in Reliance Life Insurance by another 23 per cent, taking its total holding to 49 per cent.
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Nippon Life Completes Acquisition to Buy 14% in Reliance MF
Nippon Life Insurance now becomes a co-sponsor of Reliance Mutual Fund, along with Reliance Capital, following which the name of fund house would be changed to Reliance Nippon Life Asset Management.
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Nippon Gets Competition Regulator's Nod For Hiking Stake in Reliance Life
For the deal, Nippon Life Insurance and Reliance Life Insurance had entered into a share purchase agreement in November. The pact was between Reliance Capital, Management Services, Nippon Life and Reliance Life Insurance.
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Reliance Capital Jumps as Nippon Raises Stake in Insurance Business
Shares of Reliance Capital jumped as much as 3.5 per cent to hit an intraday high of Rs 422.75 in an otherwise subdued market after Japan's Nippon raised stake in Reliance Life Insurance to 49 per cent from existing 26 per cent.
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Nippon Life to Up Stake in Life Insurance, MF Business: Anil Ambani
Bullish on growth prospects of his group's financial services businesses, industrialist Anil Ambani on Wednesday said Japanese major Nippon Life is in an advanced stage of talks to hike stake in Reliance Life Insurance and Reliance Mutual Fund units within this financial year.
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Insurance Set for Valuation Upgrade, May Get $8-10 Bn FDI: Report
India's insurance sector is set for a major upgrade in its valuation and foreign players may infuse $8-10 billion (over Rs 60,000 crore) of capital with the passage of a new bill enhancing the FDI cap.
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Reliance Capital to Begin Talks With Foreign Partners for Insurance Business
Besides giving additional stake to its existing foreign partner Nippon Life in life insurance venture, the group also expects to close deals for bringing in new partners for its general and health insurance businesses soon.
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CCI Nod for Nippon-Reliance Capital Asset Management Deal
The Competition Commission of India (CCI) has approved Japanese financial services giant Nippon's proposed deal to hike its stake in Reliance Mutual Fund to 49 per cent in multiple tranches.
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Reliance Capital Eyes Foreign Funds in Insurance Ventures
Within days of government allowing more overseas investment in insurance sector through an ordinance, Anil Ambani-led Reliance Group has initiated a process for inducting foreign partners in its general and health insurance ventures with up to 49 per cent stakes.
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Nippon to Raise Stake in Reliance Life Post FDI Hike
Nippon Life currently holds 26 per cent stake in Reliance Life Insurance Company, which it had bought for Rs 3,062 crore. This deal was completed in October 2011 and it had valued the Indian insurer at over Rs 11,500 crore at that time.
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Nippon Launches India Funds, to Partner Reliance Group for Bank
As Prime Minister Narendra Modi sought greater investments from Japan, financial sector giant Nippon Life said on Monday that it will partner Anil Ambani-led Reliance Group for a proposed 'Reliance Bank' and launched two India-focussed funds for Japanese investors.
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Reliance Life Insurance appoints Anup Rau as new CEO
Reliance Life Insurance Company, part of Reliance Capital, today said it has appointed Anup Rau as new CEO of the company with immediate effect.
-
Reliance Capital Lenders Finalise Resolution Plan
Lenders of debt-ridden Reliance Capital Ltd have decided upon the Request for Resolution Plan document
-
Nippon Life Insurance To Raise Stake In Reliance Capital-Owned Asset Manager To 75%
Reliance Capital and Nippon Life Insurance Co both own 42.88% stake each in Reliance Nippon. Nippon Life will buy out most of Reliance Capital's stake with this deal, the asset manager said.
-
Reliance Capital Offers To Sell 43% Stake In Asset Management Firm To Nippon Life Insurance
Reliance Capital Ltd asked partner Nippon Life Insurance to buy its entire 42.88% stake in Reliance Nippon Life Asset Management Ltd.
-
Japan's Nippon Life Insurance Ups Stake in Reliance Life
Japan's Nippon Life Insurance on Wednesday increased stake in Reliance Life Insurance by another 23 per cent, taking its total holding to 49 per cent.
-
Nippon Life Completes Acquisition to Buy 14% in Reliance MF
Nippon Life Insurance now becomes a co-sponsor of Reliance Mutual Fund, along with Reliance Capital, following which the name of fund house would be changed to Reliance Nippon Life Asset Management.
-
Nippon Gets Competition Regulator's Nod For Hiking Stake in Reliance Life
For the deal, Nippon Life Insurance and Reliance Life Insurance had entered into a share purchase agreement in November. The pact was between Reliance Capital, Management Services, Nippon Life and Reliance Life Insurance.
-
Reliance Capital Jumps as Nippon Raises Stake in Insurance Business
Shares of Reliance Capital jumped as much as 3.5 per cent to hit an intraday high of Rs 422.75 in an otherwise subdued market after Japan's Nippon raised stake in Reliance Life Insurance to 49 per cent from existing 26 per cent.
-
Nippon Life to Up Stake in Life Insurance, MF Business: Anil Ambani
Bullish on growth prospects of his group's financial services businesses, industrialist Anil Ambani on Wednesday said Japanese major Nippon Life is in an advanced stage of talks to hike stake in Reliance Life Insurance and Reliance Mutual Fund units within this financial year.
-
Insurance Set for Valuation Upgrade, May Get $8-10 Bn FDI: Report
India's insurance sector is set for a major upgrade in its valuation and foreign players may infuse $8-10 billion (over Rs 60,000 crore) of capital with the passage of a new bill enhancing the FDI cap.
-
Reliance Capital to Begin Talks With Foreign Partners for Insurance Business
Besides giving additional stake to its existing foreign partner Nippon Life in life insurance venture, the group also expects to close deals for bringing in new partners for its general and health insurance businesses soon.
-
CCI Nod for Nippon-Reliance Capital Asset Management Deal
The Competition Commission of India (CCI) has approved Japanese financial services giant Nippon's proposed deal to hike its stake in Reliance Mutual Fund to 49 per cent in multiple tranches.
-
Reliance Capital Eyes Foreign Funds in Insurance Ventures
Within days of government allowing more overseas investment in insurance sector through an ordinance, Anil Ambani-led Reliance Group has initiated a process for inducting foreign partners in its general and health insurance ventures with up to 49 per cent stakes.
-
Nippon to Raise Stake in Reliance Life Post FDI Hike
Nippon Life currently holds 26 per cent stake in Reliance Life Insurance Company, which it had bought for Rs 3,062 crore. This deal was completed in October 2011 and it had valued the Indian insurer at over Rs 11,500 crore at that time.
-
Nippon Launches India Funds, to Partner Reliance Group for Bank
As Prime Minister Narendra Modi sought greater investments from Japan, financial sector giant Nippon Life said on Monday that it will partner Anil Ambani-led Reliance Group for a proposed 'Reliance Bank' and launched two India-focussed funds for Japanese investors.
-
Reliance Life Insurance appoints Anup Rau as new CEO
Reliance Life Insurance Company, part of Reliance Capital, today said it has appointed Anup Rau as new CEO of the company with immediate effect.
