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Reliance Capital shares climb on equity sale reports

Last Updated: Friday, June 27, 2014, 14:04

Shares of Reliance Capital rose Friday following reports the company may sell a 10 percent stake to Japan's Sumitomo Mitsui Trust Holdings.

Reliance Capital group begins managing Nippon Life funds

Last Updated: Monday, November 05, 2012, 15:24

Taking forward its partnership with Nippon Life, Reliance Capital Group has begun managing the funds of Japanese financial services giant for investments in India.

Reliance Life in talks with banks for up to 5% stake sale

Last Updated: Thursday, August 23, 2012, 14:48

Leading private insurer Reliance Life has begun talks with a few banks for sale of minority stake of up to 5 percent and to enter into product distribution alliance.

Reliance Life to introduce fixed salary for advisors

Last Updated: Monday, August 20, 2012, 14:29

Taking cue from its Japanese partner Nippon Life's strategy, India's Reliance Life is introducing fixed salary for insurance advisors to reduce attrition and to further improve customer services.

Employees Provident Fund approves Reliance-Nippon stake deal

Last Updated: Tuesday, August 07, 2012, 18:20

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 Life insurance group.

Employees Provident Fund approves Reliance-Nippon stake deal

Last Updated: Tuesday, August 07, 2012, 18:20

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 Life insurance group.

Nippon Life signs final agreements to acquire 26% in RCAM

Last Updated: Thursday, March 22, 2012, 18:35

Japan's Nippon Life Insurance Co Thursday signed the final agreement to acquire a 26 percent stake in the Anil Ambani Group firm's fund management unit, Reliance Capital Asset Management Company for Rs 1,450 crore.

Nippon Life signs final agreements to acquire 26% in RCAM

Last Updated: Thursday, March 22, 2012, 18:35

Japan's Nippon Life Insurance Co Thursday signed the final agreement to acquire a 26 percent stake in the Anil Ambani Group firm's fund management unit, Reliance Capital Asset Management Company for Rs 1,450 crore.

Nippon Life to buy 26% in RCap AM for $290 mn

Last Updated: Thursday, January 19, 2012, 11:24

Japan's Nippon Life Insurance Co's 26 percent stake acquisition in Reliance Capital Asset Management for Rs 1,450 crore (USD 290 million) is seen as the biggest foreign direct investment in the Indian mutual funds space.

Nippon nominee joins Reliance Life Insurance board

Last Updated: Friday, October 28, 2011, 14:29

Reliance Life Insurance Friday said its board has inducted Takeshi Furuichi as a non- executive director and a nominee of Nippon Life, which has acqured a 26 percent stake in the Indian life insurance firm.

Reliance Mutual looking for foreign partners to go global

Last Updated: Sunday, October 02, 2011, 15:38

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 also in talks with overseas distributors for selling its products, a top company official said.

Reliance Capital gets RBI nod to sell stake in Reliance Life

Last Updated: Friday, September 30, 2011, 11:26

The Anil Dhirubhai Ambani Group's financial services arm Reliance Capital Friday said it has received approval from the Reserve Bank of India (RBI) for its proposed 26 percent stake sale in Reliance Life Insurance to Japan's Nippon Life.