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......

SBI Caps, JM Financial to sell Reliance Capital assets

The key assets put on the block include its entire stake in Reliance General Insurance Company, the third-largest private sector insurer, and a 49 per cent stake in Reliance Nippon Life Insurance,......

IIHL completes acquisition of Reliance Capital

IndusInd International Holdings chairman Ashok Hinduja on Tuesday announced the acquisition of Reliance Capital, completing the three-year-long resolution process of the debt-ridden company.......

Nippon, Reliance Group launch India funds for Japan investors

With Prime Minister Narendra Modi seeking greater investment flow from Japan into India, financial services giant Nippon Life on Monday announced two dedicated funds in partnership with Anil......