Nippon Life

Nippon Life completes acquisition to buy 14% in Reliance MF

Japanese financial services giant Nippon Life has completed acquisition of additional 14 percent stake in Reliance Capital Asset Management (RCAM) for Rs 1,200 crore, raising its holding to 49 percent.

Mar 17, 2016, 12:45 PM IST

Nippon Life-Reliance Capital deal gets Sebi approval

Japanese financial services giant Nippon Life has got markets regulator Sebi's nod for raising its stake in Reliance Mutual Fund to 49 per cent, completing the regulatory approval process for the deal.

Mar 03, 2016, 16:12 PM IST

Australia's NAB to sell insurance stake to Nippon Life

National Australia Bank on Wednesday announced the sale of an 80 percent stake in its insurance business to Japan's Nippon Life for USD 1.7 billion and outlined plans to divest troubled British asset Clydesdale Bank.

Oct 28, 2015, 13:27 PM IST
Reliance Capital shares surge 6% as Nippon Life increases stake in RCAM

Reliance Capital shares surge 6% as Nippon Life increases stake in RCAM

Shares of Reliance Capital surged 6 percent Tuesday after Japan's Nippon Life acquired 14 percent additional stake in fund house Reliance Capital Asset Management Company for Rs 1,196 crore, hiking its stake to 49 percent.

 

Oct 13, 2015, 13:13 PM IST

Nippon Life hikes stake in Reliance MF to 35 percent

Japanese financial services giant Nippon Life has completed its acquisition of 9 percent additional stake in Reliance Capital Asset Management (RCAM) for Rs 657 crore, taking its total equity to 35 percent.

Feb 27, 2015, 12:34 PM IST

Reliance MF gets regulatory approvals for Nippon deal

Leading mutual fund house Reliance Capital Asset Management (RCAM) today said it has completed the regulatory clearance process for sale of additional stake to Japan's Nippon Life, following approvals of CCI and EPFO.

Feb 18, 2015, 13:49 PM IST

Nippon to raise stake in Reliance Life post FDI hike

Nippon Life currently holds 26 percent stake in Reliance Life Insurance Company, which it had bought for Rs 3,062 crore.

Sep 03, 2014, 10:15 AM IST

Reliance Capital group begins managing Nippon Life funds

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

Nov 05, 2012, 15:24 PM IST

Reliance Life begins post-sales service in insurance market

Taking a leaf out of its Japanese partner Nippon Life's book, private sector insurer Reliance Life has begun its post-sales service drive across the country and plans to cover over 10 lakh customers by March next.

Oct 24, 2012, 13:18 PM IST

Reliance Cap to expand Nippon Life partnership

After bringing in Nippon Life as strategic partner in its life insurance and asset management businesses, Reliance Capital is now looking to expand further this partnership and would help the Japanese financial services giant bring part of its USD 600 billion assets under management to India.

Aug 19, 2012, 12:09 PM IST

Reliance Capital completes MF stake sale to Nippon Life

Reliance Capital on Friday said it has completed sale of 26 percent stake in its asset management and mutual fund unit to Japanese financial services giant Nippon Life for Rs 1,450 crore.

Aug 17, 2012, 12:30 PM IST

RCAML-Nippon deal to come up before EPFO on Tue for approval

Retirement fund body EPFO's trustees at their meeting on Tuesday will take up for consideration and approval the proposal of Reliance Capital Asset Management Limited (RCAML) to sell 26 percent stake to Japanese insurance firm Nippon Life.

Aug 05, 2012, 13:58 PM IST

Nippon to bring post-sales service to Indian insurance market

Japan's Nippon Life has said it plans to bring the practice of post-sales services to the Indian insurance industry through its partnership with Reliance Life in the country.

Jul 29, 2012, 13:57 PM IST

Nippon to bring post-sales service to Indian insurance market

As a strategic partner, Nippon Life has 26 percent stake in Reliance Life Insurance, which is part of Anil Ambani-led Reliance Group's financial services arm Reliance Capital.

Jul 29, 2012, 13:13 PM IST

Confident of making Reliance Life India's top insurer: Nippon

Confident of India's robust growth potential despite the short-term economic headwinds, Japan's Nippon Life has said it will put to use all its resources to help its Indian partner Reliance Life become the country's top life insurance company.

Jul 08, 2012, 18:50 PM IST

Reliance Capital gets RBI nod for mutual fund biz stake sale

The Nippon Life transaction values RCAM, the country's most profitable fund house, at about Rs 5,600 crore.

Jun 10, 2012, 13:38 PM IST

Reliance Cap eyes gen insurance stake sale in 6 mths

Nippon Life has already acquired a 26-percent stake in Reliance Life Insurance for USD 680 million, valuing the business at USD 2.6 billion.

Dec 12, 2011, 12:54 PM IST

Nippon nominee joins Reliance Life Insurance board

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.

Oct 28, 2011, 14:29 PM IST

R-Cap completes 26% stake sale in Reliance Life to Nippon

Reliance Capital has completed the sale of a 26 percent stake in its life insurance venture Reliance Life to Japan's Nippon Life for over 3,000 crore, the Anil Ambani-led firm said Sunday.

Oct 09, 2011, 16:45 PM IST