Oct 07, 2017 07:00 AM IST
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
- Sep 26, 2017 12:13 PM IST
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.
- Sep 11, 2017 03:30 PM IST
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.
- Aug 28, 2017 02:49 PM IST
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.
- Aug 23, 2017 03:50 PM IST
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.
- Aug 17, 2017 02:49 PM IST
"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.
- Jul 18, 2017 02:19 PM IST
The shares have been bought from US-based hedge fund firm Eton Park Capital Management.
- Jul 13, 2017 04:11 PM IST
The Anil Ambani group firm, Reliance Capital, will book capital gains on this final transaction in the quarter ending September 30, 2017.
- Jul 05, 2017 01:30 AM IST
"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.
- Jun 29, 2017 04:01 PM IST
"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.
- Jun 29, 2017 02:12 PM IST
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.
- Jun 29, 2017 10:59 AM IST
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.
- Jun 29, 2017 10:51 AM IST
"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).
- Jun 08, 2017 08:40 AM IST
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.
- Jun 02, 2017 02:26 PM IST
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.
- May 31, 2017 01:11 PM IST
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.
- May 31, 2017 11:21 AM IST
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.
- May 29, 2017 11:41 AM IST
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.
- Apr 17, 2017 01:30 PM IST
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.
- Apr 04, 2017 02:25 PM IST
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.
- Mar 23, 2017 08:30 AM IST
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.
- Mar 19, 2017 05:39 PM IST
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.
- Mar 18, 2017 04:15 PM IST
Reliance Industries Chairman Mukesh Ambani said that he wished he had the infectious enthusiasm of today's youth in his earlier years.
- Mar 17, 2017 04:28 PM IST
"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.
- Mar 17, 2017 12:13 PM IST
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.