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Reliance Cap to buy AMP Sanmar

Since the Chennai-based life insurance entity has net free assets of Rs 60-65 crore (Rs 600-650 million), Reliance Cap will pay a premium of Rs 35-40 crore (Rs 350-400 million).Net free assets......

Speed was the key: AMP Sanmar

Time was of the essence, which decided that Reliance Capital's bid was the best, considering that this would enable shareholders of AMP Sanmar to exit the venture at the earliest.At the same time,......

Reliance Cap pays Rs 400c for AMP Sanmar Insurance

Reliance Life Insurance Company Limited, a subsidiary of Reliance Capital Ltd, and the shareholders of AMP Sanmar Life Insurance Company, on Sunday signed an agreement for the sale of 100 per cent......

AMP-Sanmar not sold to Reliance Capital

Private insurer AMP-Sanmar Life Insurance company on Friday said it was in talks with "several companies" to sell the life insurance business and denied that it had already sold the venture to......

AMP-Sanmar may exit insurance biz

Over six years after the insurance sector was opened up to private players in India, AMP-Sanmar Life, one of the first private entrants in life insurance sector, on Tuesday said it was exploring......

It's no good being number two: Waugh

Steve Waugh is a contented man. In India to fulfill obligations as brand ambassador for insurance company AMP-Sanmar, the 38-year-old former Australia captain, who called it a day in January,......

Lifting of Ganguly's ban surprises Waugh

Former Australia cricket captain Steve Waugh said he was surprised to hear about the decision to lift the two-Test ban on India skipper Sourav Ganguly."I thought they will make an example. The ICC......

Murali a real challenge: Waugh

Former Australia captain Steve Waugh says the umpires are the best persons to adjudicate the legality of off-spinner Muthiah Muralitharan's bowling action."I don't know whether it [Murali's action]......

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