Reliance Capital

Negotiation on in Insrance wing

Posted by : rvk41
Price when posted : BSE: Rs 880.00 ( 1.59 % ), NSE: Rs. 882.90 ( 1.92 % )

Indian financial services firm Reliance Capital has been approached by three foreign insurance companies looking to take a stake in its life
insurance business, its chief executive said on Monday.

Reliance Capital is planning to sell up to 26 per cent of its Reliance Life unit, including through an initial public offering, and has said it would sell about 10 percent to a strategic investor ahead of a listing.

"We would obviously like a life insurance company, someone who hasn`t come to India. About three globally have approached us," Sam Ghosh told the Reuters India Investment Summit.

Reliance Life, the country`s No 4 private life underwriter by assets under management, is seeking a waiver from a requirement that an insurance company be in business for 10 years before an IPO.

It aims to be the first Indian life underwriter to list, and Ghosh said he was confident of getting government approval.

"Finance Ministry is waiting for approval from the insurance regulator. It is a technical interpretation of the act," he said, adding the finance ministry could waive the 10-year requirement

For information,with regards
rvk41...

Buy Reliance Capital

Posted by : freind..
Price when posted : BSE: Rs 885.25 ( 2.19 % ), NSE: Rs. 885.20 ( 2.18 % )

It will gain 5% Today.... Looking good Target 900...

RELIANCE CAPITAL

Posted by : Varner
Price when posted : BSE: Rs 866.25 ( -2.76 % ), NSE: Rs. 866.30 ( -2.85 % )

This can be bought with a very tight stop loss even currently....

RELIANCE CAPITAL

Posted by : insight95in
Price when posted : BSE: Rs 913.50 ( 0.58 % ), NSE: Rs. 913.50 ( 0.63 % )

Its look tired at higher level.....Any buying should to tight stop loss..Today..... below selling opportunity..Other wise positive bias continue...
...

RELIANCE CAPITAL

Posted by : tara23
Price when posted : BSE: Rs 908.25 ( 1.59 % ), NSE: Rs. 907.75 ( 1.56 % )

quite a possibility.....to touch 950...

RELIANCE CAPITAL

Posted by : MBMSR
Price when posted : BSE: Rs 908.25 ( 1.59 % ), NSE: Rs. 907.75 ( 1.56 % )

It has got rerated with 750/- as the new base. hence shorting would be just for the kicks with 950 as the strict SL as financials other than relcap showing fatigue.

Any dip due to unforseen reasons should be used for accumaltion....

Kumar Urban Development IPO

Posted by : snehasr2002
Price when posted : BSE: Rs 908.25 ( 1.59 % ), NSE: Rs. 907.75 ( 1.56 % )

The IPO of Kumar Urban Develepment is coming in the market. Rel Cap holds 2.5 % stake in the company. The company had 76 msf land in Mumbai & Pune area. I think the reason for zooming Rel Cap share price....

ANIL WILL ANOUNCE BONUS

Posted by : 300567
Price when posted : BSE: Rs 923.35 ( 3.28 % ), NSE: Rs. 923.60 ( 3.33 % )

HE WILL BE AHEAD TO HIS BROTHER & MAY GIVE 1:2 BONUS...

RELIANCE CAPITAL

Posted by : insight95in
Price when posted : BSE: Rs 911.00 ( 1.90 % ), NSE: Rs. 910.00 ( 1.81 % )

Any decline to buying opportunity with consider support 800, Strong up move were seen on yesterday trading....Today support 872 and 850, higher level resistance are 900....... Heading towards four digit mark....
...

BUY REL CAPITAL

Posted by : Dharmender1976
Price when posted : BSE: Rs 907.60 ( 1.52 % ), NSE: Rs. 909.70 ( 1.77 % )

No bonus has been announced. It`s just a hoax!...

BUY REL CAPITAL

Posted by : moneyy maker
Price when posted : BSE: Rs 904.25 ( 1.14 % ), NSE: Rs. 906.50 ( 1.42 % )

Oh really like when did that happen???...

BUY REL CAPITAL

Posted by : meet1234
Price when posted : BSE: Rs 900.10 ( 0.68 % ), NSE: Rs. 904.00 ( 1.14 % )

ITS A CONFIRM REL CAPITAL ADAG GROUP ANNOUNCE 1:1 BONUS.HURRY UP STOP LOSS 800 ANS UP SIDE MORE10%...

Where are all traders gones in this RelCapital Script?

Posted by : dhakak
Price when posted : BSE: Rs 894.05 ( 6.69 % ), NSE: Rs. 893.85 ( 6.65 % )

yes very much.when mukesh does anil is also expected to do his bit....

Where are all traders gones in this RelCapital Script?

Posted by : nikki marine
Price when posted : BSE: Rs 894.05 ( 6.69 % ), NSE: Rs. 893.85 ( 6.65 % )

if my bro can give,why dont i ...?...

Where are all traders gones in this RelCapital Script?

Posted by : Indian@2020
Price when posted : BSE: Rs 894.05 ( 6.69 % ), NSE: Rs. 893.85 ( 6.65 % )

Yes it is. They heard.

But the price at which RelCapital is trading is bit low compared to its last run in 2007.

Do you Guys think there is Bonus 1:1 in near future by AGAG Guys!!!

I am just guessing... :)...