Nippon Life Insurance
Insurance sector regulator Irdai has slapped a penalty of Rs 15 lakh on Reliance Nippon Life Insurance Company (RNLIC) for violation of outsourcing norms and other regulations. Irdai said many Channel Development Associates (CDAs) were not imparting training and there were no adequate office space.
9.40 PM Nov 5th
Reliance Capital has completed the transaction of sale of 26% stake in Reliance Capital Asset Management (RCAM) to Nippon Life Insurance. The entire transaction proceeds of Rs 1450 crore has been duly received from Nippon Life Insurance. This transaction pegs the total valuation of RCAM
11.58 AM Aug 17th 2012
it to India, Nippon Life Insurance Company\\`\\`s President Yoshinobu Tsutsui told PTI that numbers like overall population, the demographic percentage of young people and steadily rising per capital GDP make India a very attractive investment destination for it. Asked about the policy-related headwinds
4.41 PM Jul 8th 2012
Source:Business Today - ADAG Group Chairman Anil Ambani Reliance Capital has got an approval from the Security and Exchange Board of India (Sebi) to sell 26 per cent stake in its mutual fund business, Reliance Capital Asset Management (RCAM), for Rs 1,450 crore to Japan-based Nippon Life Insurance
10.27 PM Jun 13th 2012
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