Reliance Capital ties up with Indian Overseas Bank
September 13th, 2012 - 6:00 pm ICT by IANS
Chennai, Sep 13 (IANS) Reliance Capital Asset Management, a unit of Anil Ambani-led Reliance Capital, said Thursday it has entered into distribution tie-up with the public sector lender Indian Overseas ... Read more...
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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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Reliance Capital starts mutual fund service through SMS
August 29th, 2012 - 5:50 pm ICT by IANS
Mumbai, Aug 29 (IANS) Reliance Capital Asset Management, a unit of Reliance Capital, Wednesday launched Systematic Investment Plan (SIP) in mutual funds through SMS.This is the first-of-its-kind initiative by any ... Read more...
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Reliance Life Insurance in talk with banks for tie-up
August 19th, 2012 - 5:52 pm ICT by IANS
Bangkok, Aug 19 (IANS) The Reliance Life Insurance Company, a unit of the Anil Ambani-led Reliance Capital, is in talks with several public and private sector banks to utilise ... Read more...
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Reliance Cap concludes stake sale to Nippon Life for $290 mn
August 17th, 2012 - 1:41 pm ICT by IANS
Mumbai, Aug 17 (IANS) Reliance Capital, a part of the Anil Ambani Group, Friday said it has concluded its 26-percent stake sale to Japan's Nippon Life for $290 million, pushing ... Read more...
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Reliance Life Insurance to hire 5,500 agents on payroll
August 16th, 2012 - 3:38 pm ICT by IANS
Bangkok, Aug 16 (IANS) Reliance Life Insurance Company, a unit of Anil Ambani-led Reliance Capital, plans to hire 5,500 agents on payroll by the end of next month in a ... Read more...
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Reliance Capital quarterly net profit rises to Rs.45 crore
August 11th, 2012 - 8:17 pm ICT by IANS
Mumbai, Aug 11 (IANS) Reliance Capital Saturday said it has posted a consolidated net profit of Rs.45 crore for the quarter ended June 30.The net profit stood at Rs.35 crore ... Read more...
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Reliance Capital arm launches mobile-based payment system
August 9th, 2012 - 9:07 pm ICT by IANS
Mumbai, Aug 9 (IANS) Reliance Capital Asset Management (RCAM), a unit of Reliance Capital, Thursday launched a mobile-based service for mutual fund investment in partnership with HSBC.RCAM is the first ... Read more...
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Employees Provident Fund approves Reliance-Nippon stake deal
August 7th, 2012 - 6:27 pm ICT by IANS
New Delhi, Aug 7 (IANS) The Employees Provident Fund Organisation (EPFO) Tuesday gave its nod to the 26 percent stake sale by Reliance Capital Asset Management Company to Japan's Nippon ... Read more...
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Sensex rallies 226 points on European cues (Roundup)
July 10th, 2012 - 7:05 pm ICT by IANS
Mumbai, July 10 (IANS) In a broad-based rally, a benchmark index of Indian equities markets Tuesday surged 226 points on positive cues from European bourses and hopes of better-than-expected ... Read more...
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Chiness wind turbine firm ties up with Reliance
July 2nd, 2012 - 8:09 pm ICT by IANS
Zhongshan (China), July 2 (IANS) Chiness wind turbine manufacturer Ming Yang Wind Power Group Monday said it has entered into agreements with Reliance Capital and Reliance Power to co-develop a ... Read more...
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Reliance launches online life insurance product
June 20th, 2012 - 6:56 pm ICT by IANS
Mumbai, June 20 (IANS) Reliance Life Insurance Company, part of the Anil Ambani-led Reliance Capital, Wednesday launched its first online life cover plan -- "Reliance Life Insurance eTerm" -- to ... Read more...
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Reliance Capital gets regulator’s nod to sell stakes to Nippon Life
June 13th, 2012 - 8:49 pm ICT by IANS
Mumbai, June 13 (IANS) Reliance Capital Wednesday said it has got market regulator Security and Exchange Board of India's approval to sell 26 percent stake in its mutual fund business, ... Read more...
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Reliance Life Insurance wins national award
June 6th, 2012 - 4:40 pm ICT by IANS
New Delhi, June 6 (IANS) Reliance Life Insurance Company, a part of Reliance Capital, Wednesday said it has received a national award from the Quality Council of India (QCI) for ... Read more...
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Reliance Capital nets 329 crore profit in Jan-March quarter
May 19th, 2012 - 9:11 pm ICT by IANS
Mumbai, May 19 (IANS) Reliance Capital Saturday said it has posted Rs.329.32 crore ($65 million) profit in the January-March 2012 period as against Rs.6.46 crore loss during the corresponding quarter ... Read more...
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Nippon’s pact for 26-percent stake in Reliance asset firm
March 22nd, 2012 - 7:57 pm ICT by IANS
Mumbai, March 22 (IANS) Nippon Life Insurance Company Thursday signed final agreements with Anil Ambani-led Reliance Capital to acquire a 26-percent stake in its asset management company for $290 million."The ... Read more...
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Reliance Group firms’ stocks soar
February 28th, 2012 - 8:14 pm ICT by IANS
Mumbai, Feb 28 (IANS) Stocks of the Reliance Group firms rallied at the Bombay Stock Exchange Tuesday with the infrastructure arm soaring the most.Reliance Infrastructure closed 11.46 percent up at ... Read more...
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Reliance Capital Q3 net profit up 229 percent
February 10th, 2012 - 8:22 pm ICT by IANS
Mumbai, Feb 10 (IANS) Financial services major Reliance Capital Friday reported a 229 percent increase in net profit for the quarter ended Dec 31 at Rs.15.2 crore from Rs.4.62 crore ... Read more...
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Reliance Life Insurance to have accounting profit this fiscal
February 7th, 2012 - 9:42 pm ICT by IANS
Kolkata, Feb 7 (IANS) Reliance Life Insurance, a part of Reliance Capital, is expected to register its first year of accounting profit this financial year, a top executive of the ... 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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Nippon Life to buy into Reliance Group arm
January 19th, 2012 - 3:31 pm ICT by IANS
Mumbai, Jan 19 (IANS) Anil Ambani-led Reliance Capital Thursday said Japan's Nippon Life will acquire a 26-percent stake in the group's asset management company for $290 million, taking the overall ... Read more...
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Reliance-ADAG shares rally
December 27th, 2011 - 6:44 pm ICT by IANS
Mumbai, Dec 27 (IANS) The share prices of Anil Ambani-led Reliance Group companies rallied Tuesday with the Reliance Communications scrip gaining almost 5 percent.At the Bombay Stock Exchange, shares of ... Read more...
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Reliance launches ‘Any Time Money’ card
December 14th, 2011 - 7:47 pm ICT by IANS
Chandigarh, Dec 14 (IANS) Giving retail consumers instant access to their mutual fund investments, Reliance Mutual Fund Wednesday launched the Reliance Any Time Money Card here."Reliance Mutual Fund is the ... Read more...
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Reliance Commercial Finance to move out of unsecured loans
December 6th, 2011 - 1:41 pm ICT by IANS
Panaji, Dec 6 (IANS) Reliance Commercial Finance, a unit of Anil Ambani-led Reliance Group, aims to completely come out of the unsecured lending business by the end of the ... Read more...
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Reliance Group official retracts statement on Swan bank account
November 11th, 2011 - 8:43 pm ICT by IANS
New Delhi, Nov 11 (IANS) In a setback for the official probe agency, the first witness in the second generation (2G) spectrum allocation case, Reliance Group's Anand Subramaniam, Friday retracted ... Read more...
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Trial starts in high-profile telecom airwaves case (Roundup)
November 11th, 2011 - 8:07 pm ICT by IANS
New Delhi, Nov 11 (IANS) Over seven months after the first set of charges were framed in the second generation (2G) spectrum case, the trial began Friday despite the ... 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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2G case trial starts despite Raja no to cross-examination (Lead)
November 11th, 2011 - 3:58 pm ICT by IANS
New Delhi, Nov 11 (IANS) Former telecom minister A. Raja, co-accused in the second generation (2G) spectrum case, Friday refused to cross-examine the prosecution witnesses till the probe was ... Read more...
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Rakesh Jain to head Reliance General Insurance
October 21st, 2011 - 3:00 pm ICT by IANS
Mumbai, Oct 21 (IANS) The board of directors of private non-life insurer Reliance General Insurance Company Friday announced the appointment of Rakesh Jain as its new CEO and executive director.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 looks to next big steps in ties with Nippon
October 9th, 2011 - 2:33 pm ICT by IANS
Mumbai, Oct 9 (IANS) With the sixth largest insurer in the world acquiring a 26-percent stake in the company, Reliance Life will get Japanese Nippon Life's expertise in areas like ... Read more...
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Reliance Mutual ranks No.1 in profitability
October 4th, 2011 - 6:58 pm ICT by IANS
Chennai, Oct 4 (IANS) With an after tax profit of Rs.261 crore for the year ended March, 31, 2011 India's largest mutual fund Reliance Capital Asset Management Ltd (RCAM) has ... Read more...
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Reliance Mutual looking for foreign partners to go global
October 2nd, 2011 - 2:54 pm ICT by IANS
Phuket (Thailand), Oct 2 (IANS) Reliance Capital Asset Management (RCAM) is looking for a foreign partner like Japanese Nippon Life Insurance to facilitate its mission of going global and is ... Read more...
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