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  • SBI gets new Chairman, RBI keeps rates unchanged Oct 07, 2017 07:00 AM IST

    SBI gets new Chairman, RBI keeps rates unchanged

    The Reserve Bank also initiated a few other measures to improve policy interest rate transmission, on banking regulation and supervision and measures to improve financial and securities markets

  • Reliance Capital AGM: Health insurance biz to become operational early next year Sep 26, 2017 12:13 PM IST

    Reliance Capital AGM: Health insurance biz to become operational early next year

    Earlier, health insurance was a part of Reliance General Insurance business but to create retail focus, Reliance Health Insurance will be set up as a new standalone company.

  • Overseas roadshow for Reliance Nippon Life AMC's IPO begins Sep 11, 2017 03:30 PM IST

    Overseas roadshow for Reliance Nippon Life AMC's IPO begins

    It would be the first initial share sale by a major asset management company (AMC) in India though smaller rival UTI Mutual Fund's IPO plans have been in the works for a long time.

  • ICEX launches first derivatives contract in diamonds Aug 28, 2017 02:49 PM IST

    ICEX launches first derivatives contract in diamonds

    ICEX is promoted by a mix of public-private partnership comprising PSUs including MMTC, Indian Potash, Krishak Bharti Cooperative (Kribhco) and IDFC Bank, among others.

  • Reliance Capital announces Rs 300-cr employee stock option scheme Aug 23, 2017 03:50 PM IST

    Reliance Capital announces Rs 300-cr employee stock option scheme

    The scheme is part of Reliance Capital's Rewards Programme aimed at retaining and incentivising key employees for their contribution to the growth and profitability of the company.

  • IIFL Asset Management picks up 2.59% in Reliance MF for $60 mn Aug 17, 2017 02:49 PM IST

    IIFL Asset Management picks up 2.59% in Reliance MF for $60 mn

    "IIFL Special Opportunities Fund and its series 2 and series 3 by IIFL Asset Management have collectively acquired 2.59 per cent of paid up equity share capital of RNLAM through secondary market purchase," IIFL said in a statement.

  • Foreign funds buy 4.5% stake in Reliance MF for $100 mn Jul 18, 2017 02:19 PM IST

    Foreign funds buy 4.5% stake in Reliance MF for $100 mn

    The shares have been bought from US-based hedge fund firm Eton Park Capital Management.

  • Reliance Capital gets Rs 378 cr from Nippon Life Jul 13, 2017 04:11 PM IST

    Reliance Capital gets Rs 378 cr from Nippon Life

    The Anil Ambani group firm, Reliance Capital, will book capital gains on this final transaction in the quarter ending September 30, 2017.

  • Reliance Communications blames 'new operator' for telcos financial woes Jul 05, 2017 01:30 AM IST

    Reliance Communications blames 'new operator' for telcos financial woes

    "As a result of increase in debt and decline in revenue, the debt servicing capabilities of telecom companies have been adversely impacted. "The telecom industry's current financial problem to some extent can be attributed to the entry of a new telecom operator and its strategy of freebies to gain customer and market share," RCom said in a regulatory filing.

  • Dhirubhai enjoyed more in creating wealth for masses: Anil Ambani Jun 29, 2017 04:01 PM IST

    Dhirubhai enjoyed more in creating wealth for masses: Anil Ambani

    "If you ever asked what part of being an entrepreneur he (late Ambani) enjoyed the most, he would say, 'I enjoy creating wealth. But what I enjoy even more is in creating wealth for the people of the country,'" the Anil Ambani Group chairman said while addressing an industry event here.

  • Anil Ambani says MF industry barely out of teens; can grow 10-fold in 5 years Jun 29, 2017 02:12 PM IST

    Anil Ambani says MF industry barely out of teens; can grow 10-fold in 5 years

    He further said only one in 25 Indians invests in mutual fund products at present, but the investor base can be expanded 10-fold to 60 crore in five years.

  • GST will be India's 'economic freedom': Anil Ambani Jun 29, 2017 10:59 AM IST

    GST will be India's 'economic freedom': Anil Ambani

    Speaking here at a mutual fund industry event, the Reliance Group chairman said there are many ways of counting the benefits of GST and as many of counting its costs.

  • Mutual Funds barely out of teens, can grow 10-fold in 5 years: Anil Ambani Jun 29, 2017 10:51 AM IST

    Mutual Funds barely out of teens, can grow 10-fold in 5 years: Anil Ambani

    "India's mutual fund industry is today poised for its Jan Dhan moment," Ambani said here at an event of the Association of Mutual Funds in India (Amfi).

  • Reliance Group plans MF unit IPO; may get Rs 20,000 cr valuation Jun 08, 2017 08:40 AM IST

    Reliance Group plans MF unit IPO; may get Rs 20,000 cr valuation

    It could be the first initial public offering by a major asset management company (AMC) in India though smaller rival UTI MF's IPO plans have been in the works for a long time.

  • Billionaire Anil Ambani to address media as Reliance Communications reels Jun 02, 2017 02:26 PM IST

    Billionaire Anil Ambani to address media as Reliance Communications reels

    A briefing would mark a rare appearance by Ambani, 57, reflecting the difficulties facing Reliance Communications, widely known as RCom, India's seventh-ranked telecoms carrier by customers. Ambani has a net worth of $2.7 billion, according to Forbes.

  • Reliance Communications shares continue to reel under pressure, tank 9.5% May 31, 2017 01:11 PM IST

    Reliance Communications shares continue to reel under pressure, tank 9.5%

    The stock which has been under pressure since past few days fell further by 9.47 per cent to Rs 18.15 -- its 52-week low -- on BSE.

  • Reliance Communications bond sell-off gathers pace after Moody's rating cut May 31, 2017 11:21 AM IST

    Reliance Communications bond sell-off gathers pace after Moody's rating cut

    Offshore bonds due 2020 dropped five points to 64/69 cents on the dollar on Wednesday and have now lost a third of their value since the sell-off began two weeks ago.

  • Debt woes hurt RCom as more than 10 lenders fear missed loan repayments May 29, 2017 11:41 AM IST

    Debt woes hurt RCom as more than 10 lenders fear missed loan repayments

    Some banks have listed their exposure to Reliance Communications as a "special mention account" in their assets, according to a report in The Economic Times.

  • Reliance Defence signs pact with South Korean firm to boost defence production Apr 17, 2017 01:30 PM IST

    Reliance Defence signs pact with South Korean firm to boost defence production

    As part of the agreement between Reliance Infra promoted RDL and LIG Nex1, the two companies will explore opportunities for developing a range of defence products such as air defence and surveillance radar, sensors and missiles.

  • Will defend Arvind Kejriwal for free: Ram Jethmalani Apr 04, 2017 02:25 PM IST

    Will defend Arvind Kejriwal for free: Ram Jethmalani

    Jethmalani also hit out at Jaitley alleging that the row over the Delhi government's move to clear his bills for fighting the case has been "instigated" by the Union Finance Minister.

  • Reliance Power promoter group entity sells shares worth Rs 858 crore Mar 23, 2017 08:30 AM IST

    Reliance Power promoter group entity sells shares worth Rs 858 crore

    Reliance Infradevelopment offloaded a total of 18 crore shares over three days starting from March 20. The shares were sold in three tranches to Reliance Wind Turbine Installators Industries at different prices.

  • RCap eyes 'huge gains' from Sula, Grover Vineyards stake sale Mar 19, 2017 05:39 PM IST

    RCap eyes 'huge gains' from Sula, Grover Vineyards stake sale

    After making a killing with a 27-fold return from sale of Paytm stake, Anil Ambani-led Reliance Capital is eyeing "huge capital gains" from sale of other non-core investments, including two leading vineyards of the country.

  • If I could be 25 again, Reliance would be 10 times bigger: Mukesh Ambani Mar 18, 2017 04:15 PM IST

    If I could be 25 again, Reliance would be 10 times bigger: Mukesh Ambani

    Reliance Industries Chairman Mukesh Ambani said that he wished he had the infectious enthusiasm of today's youth in his earlier years.

  • Reliance Capital to sell non-core investments; Anmol for digital push Mar 17, 2017 04:28 PM IST

    Reliance Capital to sell non-core investments; Anmol for digital push

    "India and China are the largest digital markets in the world, and Reliance Capital intends to 'go digital' in all its businesses to serve the new age customers," Anmol said while addressing analysts along with his father and chairman Anil Ambani on business plans of Reliance Capital.

  • Corporate structure simplification, divestment of non-core asset major +ve for Rel Cap: Investec Mar 17, 2017 12:13 PM IST

    Corporate structure simplification, divestment of non-core asset major +ve for Rel Cap: Investec

    Speaking to CNBC-TV18, Nidhesh Jain said that the divestment announcement its non-core assets which includes Rs 2,000 crore of equity investments in listed and unlisted equities is also a major positive.

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