Anil Ambani's Reliance Capital inches closer to exiting MF biz

Close to 21.5 per cent of this will be sold to Japan’s Nippon Life, which will then become the sole promoter of the fund house. Anil Ambani-led Reliance Capital will sell up to 6.3 per cent......

Insurance Bill positive for Reliance Capital

Return ratios and profitability are expected to improve Reliance Capital scrip has outperformed the S&P BSE Sensex in the past month on news suggesting the company's plans to exit non-core......

MF licence aspirant list swells with new wave of AMCs ready to roll

India’s thriving mutual fund (MF) industry is drawing interest from several firms, with multiple applications submitted to the Securities and Exchange Board of India (Sebi) for asset......

3 firms emerge top bidders for EPFO funds

Asset management firms ICICI Securities Primary Dealership, Reliance Capital AMC and HSBC AMC have emerged as top bidders for managing the huge corpus of retirement fund body EPFO. The Employees'......