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Reliance MF assets surpass Rs 1 lakh crore level

Last Updated: Sunday, January 05, 2014, 11:53

Having regained the Rs 1 lakh crore level for average assets under management, leading fund house Reliance Capital Asset Management Company (RCAM) expects revival in retail investor interest in mutual funds to continue through the current fiscal and in the next year.

Reliance Life eyes LIC model to expand reach

Last Updated: Sunday, December 22, 2013, 17:44

They may be rivals in overall business of selling insurance products, but Reliance Life wants to emulate model followed by LIC and become a private sector alternative to the state-run behemoth.

Corporate houses line up `Electoral Trusts` to fund polls

Last Updated: Tuesday, December 17, 2013, 14:14

As General Elections draw closer, at least five large corporate houses including those of Ambanis, Mittals and Birlas, have set up `Electoral Trusts` for providing funds to political parties and more than two dozen other business groups are firming up similar plans.

Jalan panel to finalise report three months after RBI scrutiny

Last Updated: Wednesday, December 11, 2013, 19:14

The RBI is currently scrutinising various aspects of applications made by 25 entities for new bank licences expected to be given by the end of March 2014.

R-Life relies on 'old is gold' strategy; lines up 25 new plans

Last Updated: Thursday, December 05, 2013, 14:39

Reliance Life Insurance Company (RLIC) Thursday said it will launch 25 new products beginning next year with a focus on 'traditional plans' and provide need-based insurance solution to customers.

RCom raises 3G internet rate by 26%, cuts benefits by about 60%

Last Updated: Tuesday, December 03, 2013, 18:22

Telecom operator Reliance Communications has increased 3G mobile internet rates by 26 percent and reduced benefit on internet packages by up to 60 percent.

Reliance Life Q2 net profit soars four-fold to Rs 136 cr

Last Updated: Sunday, November 24, 2013, 15:13

Leading private insurer Reliance Life has posted an over four-fold surge in its second quarter net profit to Rs 136 crore, helped by increased sales of traditional policies and better agent productivity.

RBI favours easing regulatory moral hazards

Last Updated: Thursday, November 21, 2013, 18:49

The Reserve Bank on Thursday favoured liberalisation of bank licensing policies which otherwise could hinder entrance of new players and have an adverse impact on the economy and consumers.

Power restoration in Odisha: CPI(M) lodges FIR against Ambani

Last Updated: Tuesday, November 19, 2013, 22:30

The CPI(M) lodged an FIR against Reliance Energy Limited chief Anil Ambani and managing director of Southco and the head of the central services of REL-controlled power distribution companies in the state PK Choudhury.

RCom shares end over 3% up post earnings

Last Updated: Wednesday, November 13, 2013, 22:01

Trimming some of its early gains, shares of Reliance Communications Wednesday settled over 3 percent higher in a weak broader market after reporting a more than six-fold jump in net profit for the quarter ended September 30.

Reliance Life launches initiative to revive lapsed policies

Last Updated: Wednesday, November 06, 2013, 21:02

Reliance Life Insurance Company said Wednesday it has launched a new initiative to revive lapsed policies for its policy-holders.

Rel Life to focus on traditional plans, agent productivity

Last Updated: Sunday, October 27, 2013, 12:45

Leading private sector insurer Reliance Life Insurance says it is focussing on traditional products and agent productivity to boost insurance penetration in the country.