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......

Reliance Capital: Gains 'insured'

The announcement of Reliance Capital, controlled by Anil Ambani, to sell a 26 per cent stake in its life insurance subsidiary, Reliance Life Insurance, to Japan-based Nippon Life Insurance Company......