Reliance Capital

Mumbai, Nov 24:  Japanese life insurer Nippon Life Insurance will increase its stake in Reliance Life Insurance to 49 percent by acquiring 23 percent stake from Reliance Capital for Rs.2,265 crore, the two groups said. In line with the…

Mumbai, Oct 21: Reliance Capital, a part of the Anil Ambani-led group, on Wednesday said it is acquiring Goldman Sachs Asset Management’s onshore business in India like mutual funds and exchange-traded funds for Rs.243 crore ($37.5 million)…

Mumbai, Sep 30: Reliance Capital, a part of the Anil Ambani's group, is in advanced stages of discussions with Nippon Life, for an increase in their stake from 26 percent to 49 percent in Reliance Life, the shareholders were told on…

Mumbai, Aug 14: Reliance Capital on Friday reported a 32.57 percent increase in its standalone net profit for the first quarter (Q1) ended June 30. The company's net profit for the quarter under review stood at Rs.175 crore from Rs.132…

The Japan-based Sumitomo Mitsui Trust Bank (SMTB) has acquired a minority stake in the Anil Ambani-led Reliance Capital Ltd (RCL) -- part of the Reliance Group -- for Rs.371 crore. "As part of the agreement, SMTB will be taking an initial…

Anil Ambani’s financial services company, Reliance Capital has been intending to open a bank in India with support of Japanese financial giant Sumitomo Mitsui Trust Bank, a company statement said on Friday. Sumitomo Mitsui Trust Bank…