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Aditya Birla Capital, Nippon Life Initiate Talks, To Merge Life Insurance JVs

Aditya Birla Capital is believed to be in discussion with Japan-based Nippon Life for merger of respective insurance ventures if the former emerges as successful bidder for life insurance venture of debt-ridden Reliance Capital Ltd (RCL), sources said. Nippon Life, who ...

With 22.74% Annualised Returns In 2-Year, This Index Mutual Fund - S&P BSE Sensex Plan Is Good Buy

A mutual fund or exchange-traded fund (ETF) that tracks the performance of an underlying benchmark index is known as an index fund. You don't have to be an expert to make money in the stock market. Indeed, index funds are a ...

These 3 Low-Risk Hybrid Arbitrage Fund Has Given Good Returns In 3 Years

There's a strong chance you've never heard of arbitrage funds because they are not your standard mutual funds. Arbitrage funds, unlike other types of funds, place huge orders and profit on price differences for the same security in several marketplaces. This ...

Reliance Capital To No Longer Be In Lending Business: Anil Ambani

Reliance Anil Dhirubhai Ambani Group (ADAG) Chairman Anil Ambani on Monday said Reliance Capital would no longer be engaged in the business of any lending activity. In its AGM in Mumbai, which also sees the Resolution Professional for the first ...

IPO: Rel Nippon Life AMC files IPO Papers

Anil Ambani-led Reliance Group's asset management arm filed draft papers with markets regulator Sebi to float an IPO, which is expected to value the company at about Rs 18,000 crore, merchant bankers said. It would be the first initial public offering ...

Reliance Life Insurance gets RBI approval, but doesn't not help Reliance Capital

Reliance Capital is still under selling pressure despite the Reserve Bank of India's (RBI) approval for 26% stake sale of Reliance Life Insurance, a part of the Reliance Capital. According to the deal between the Reliance Life Insurance and the ...