insurance arm

Reliance Capital to pay special dividend of 50 percent


September 10th, 2012 - 6:08 pm ICT by IANS
Mumbai, Sep 10 (IANS) Reliance Capital Monday said it will pay shareholders a special interim dividend of 50 per cent, Rs.5 per equity share of Rs.10 each, in addition to ... Read more...

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Anil Ambani group shares rally on dividend, stake sale talks


September 4th, 2012 - 7:49 pm ICT by IANS
Mumbai, Sep 4 (IANS) Share price of companies in the Anil Ambani-led Reliance Group saw a significant upswing Tuesday on the back of a slew of announcements at their back-to-back ... Read more...

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Reliance Capital to consider special dividend: Ambani


September 4th, 2012 - 3:12 pm ICT by IANS
Mumbai, Sep 4 (IANS) To mark 25 years of Reliance Capital, chairman Anil Ambani Tuesday said the board will consider a special dividend Sep 10 even as talks were on ... Read more...

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Nippon Life to invest $290 mn in Reliance Capital arm (Lead)


January 19th, 2012 - 4:24 pm ICT by IANS
Mumbai, Jan 19 (IANS) Anil Ambani-led Reliance Capital Thursday said Japan's largest private life insurer Nippon Life will acquire a 26 percent stake in the group's asset management company for ... Read more...

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Reliance Cap Q2 total income rises 19 percent


November 11th, 2011 - 7:18 pm ICT by IANS
New Delhi, Nov 11 (IANS) Financial services major Reliance Capital, part of the Reliance Group, Friday reported an increase of 19 percent in total income at Rs.1,546 crore for the ... Read more...

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Reliance Life concludes 26 percent stake sale to Nippon for $680mn


October 9th, 2011 - 2:44 pm ICT by IANS
Mumbai, Oct 9 (IANS) Reliance Capital Sunday said it had concluded a 26 percent stake sale in its life insurance arm to Japan's Nippon Life for $680 million (Rs.3,062 crore), ... Read more...

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Reliance Life gets central bank nod for stake sale to Nippon


September 30th, 2011 - 2:04 pm ICT by IANS
Mumbai, Sep 30 (IANS) Reliance Capital Friday said it hoped to conclude shortly a stake sale in its life insurance arm to Japan's Nippon Life for $680 million following a ... Read more...

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Anil Ambani talks of unlocking shareholder value (Roundup)


September 27th, 2011 - 8:12 pm ICT by IANS
New Delhi, Sep 27 (IANS) Unlocking share value through strategic sales in a host of subsidiaries such as telecom towers and life insurance businesses was the focus of Reliance Group ... Read more...

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Reliance Capital mulling bonus, banking entry: Ambani


September 27th, 2011 - 1:17 pm ICT by IANS
Mumbai, Sep 27 (IANS) Reliance Capital could consider a bonus issue and make an entry into the banking sector even as it hopes to conclude soon a 26-percent stake sale ... Read more...

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Regulator’s nod for Reliance Capital’s 26 percent stake sale to Nippon


September 14th, 2011 - 2:09 pm ICT by IANS
Mumbai, Sep 14 (IANS) Reliance Capital, part of the Anil Ambani-led Reliance Group, Wednesday said it had received approval from the insurance regulator to sell a 26 percent stake in ... Read more...

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Reliance Capital pact with Nippon in areas beyond insurance


September 1st, 2011 - 2:26 pm ICT by IANS
New Delhi, Sep 1 (IANS) Reliance Capital, part of the Anil Ambani-led Reliance Group, Thursday said it had signed an agreement with Japan's Nippon Life Insurance to pursue further partnerships ... Read more...

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Reliance Capital to list insurance arm, enter banking


September 28th, 2010 - 2:41 pm ICT by IANS
Mumbai, Sep 28 (IANS) The Reliance Anil Dhirubhai Group Tuesday said it was looking closely to list its insurance business on stock markets apart from entering the commercial banking industry in the ... Read more...

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SBI plans to raise Rs.40,000-50,000 crore in 5 years


January 31st, 2010 - 4:15 pm ICT by IANS
Baharampur (West Bengal), Jan 31 (IANS) Country's largest lender State Bank of India (SBI) needs to raise about Rs.40,000-50,000 crore of capital for the next five years, a senior official said ... Read more...

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Insurance manager held for duping over 60 people in Delhi


August 11th, 2009 - 9:47 pm ICT by IANS
New Delhi, Aug 11 (IANS) A senior sales manager with a private life insurance firm and his accomplice have been arrested here for allegedly duping at least 60 people on the ... Read more...

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Reliance Capital eyes banking, public offer for insurance arm


July 21st, 2009 - 4:38 pm ICT by IANS
Mumbai, July 21 (IANS) Reliance Capital plans to enter the investment banking business over the next year, even as the company is looking to sell part stake in the insurance business to ... Read more...

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No slowdown in India Post’s insurance business


March 31st, 2009 - 2:05 pm ICT by IANS
By Venkatachari Jagannathan and Alkesh Sharma Chennai/Chandigarh, March 31 (IANS) Officials at the India Post Insurance Directorate, the insurance arm of India Post, are upbeat about business prospects, while the rest of the ... Read more...

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Shriram General to push unique business plan


July 16th, 2008 - 6:54 pm ICT by IANS
Chennai, July 16 (IANS) At a time when the Indian general insurers are chasing top line growth focusing on the corporate segment and at the retail end of health insurance, the Jaipur-headquartered ... Read more...

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Britain’s RBS bank unveils record write-downs and cash plans


April 22nd, 2008 - 3:23 pm ICT by admin
DPA London, April 22 (DPA) The Royal Bank of Scotland (RBS) Tuesday asked shareholders for a record 12 billion pounds ($24 billion) of new capital as it revealed fresh write-downs of 5.9 billion ... Read more...

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