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PRAMERICA INSURANCE JV
Oaktree plans to take legal action against DHFL creditors’ groupOaktree’s next move has not been officially disclosed to the creditors, but sources said it has verbally communicated to some of the legal ...- PE firm AION Capital set to become single-largest shareholder in DHFLThe home financier is looking at various options to raise money.
- What changed your markets while you were sleepingNifty futures on the Singapore Exchange were trading 6 points, or 0.05 per cent, lower at 10,942, indicating a flat start for the Nifty50.
- Blackrock-DSP split shows that even the best of foreign investment managers can't handle India's MF industryA lack of local knowledge is part of the reason, but there are other factors that make even the best global managers unable or unwilling to...
- Foreign firms cash out as mutual funds near Rs 15-lakh crore markThe industry is hopeful of trebling its AUM to around Rs 40 trillion over the next three years.
- More foreign MFs on way out as Nomura plans to exit LICWith the exit of Goldman Sachs, which sold its business to Reliance Capital today, there are 43 MFs in India managing a tad over Rs 13-tril...
- DHFL Pramerica Life to focus on pan-India expansionPramerica Life Insurance , which is eyeing 50% revenue growth in the current financial year, plans to expand beyond the northern region to ...
- DLF completes sale of 74% stake in life insurance JV to DHFLDLF has completed sale of its 74 per cent stake in the joint venture DLF Pramerica Life Insurance to Dewan Housing Finance for an estimated...
- DLF gains on selling stake in Pramerica Insurance JVDLF was the top gainer on the Nifty in early trade as investors rushed to lap it up after it sold its stake in Pramerica Insurance JV.
- Dewan buys out DLF's 74% stake in Pramerica Insurance JVBesides getting a majority stake, DHFL has got commitment from foreign partner for fresh fund infusion at a significant premium.
- Dewan Housing Finance Ltd may buy majority stake in DLF Pramerica Life Insurance CompanyDLF is likely to exit at marginal premium over Rs 235 cr it had invested for a 74% stake in JV with Prudential Financial.
- Insurance sector is losing sheen; Operational challenges, delay in FDI are forcing some players to exitCome 2012, some of the promoters and Western companies are having second thoughts as near-term gains look remote.
- DLF hires 3,000 advisors for insurance business; 500 for parent companyDuring the year, the insurance venture's advisor headcount rose to 5,119 people, from 2,115 in 2009-10, DLF said in its latest annual repor...
- DLF seeks Indian partner for insurance JVIndia’s largest real estate firm DLF is likely to bring in a strategic Indian investor in DLF Pramerica Life Insurance, its insurance joint...
- DLF to exit MF biz, sell stake to US partnerRealty major DLF has decided to exit from its mutual fund venture DLF Pramerica Mutual Fund by selling its entire stake to its US-based par...
- DPLI plans to focus on customised productsDLF Pramerica Life Insurance has lined up Rs 1,000 crore for a period of six years, with a starting capital of Rs 110 crore and has recentl...
- Prudential Financial, DLF tie up for AMC foray'US-based Prudential Financial (PFI) plans to start its asset management business in India in a 61:39 joint venture with real estate major D...
- DLF, Prudential launch asset management companyUS-based Prudential Financial Inc (PFI) on Tuesday announced an asset management joint venture with real estate giant DLF Ltd, with which i...
- US-based Prudential eyes micro-finance business in IndiaIt is scouting for potential partners in India for micro-finance business after making its insurance foray with DLF.Business week in pics I...
- DLF forms JV for life insurance bizReal estate giant DLF on Tuesday announced its tie-up with US-based financial player Prudential Financial, Inc (PFI) for a foray in life in...
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