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NIPPON LIFE OF JAPAN
On This Day in History, June 8: Porsche is born, Ghostbusters release, Siam renamed Thailand, Orwell's Nineteen Eighty-Four published, NFL merger announced, Robert F. Kennedy laid to rest and other major eventsOn This Day in History, June 8, the world witnessed events that shaped politics, warfare, literature and culture. The Viking raid on Lindis...- Tropical storm Jangmi hits Southwestern Japan: Injures 9 in Japan, people urged to evacuate, leaves thousands without powerTyphoon Jangmi, a severe tropical storm, battered southwestern Japan on Tuesday. The storm cut off power to tens of thousands of homes, gro...
- Rising bond yields, oil prices keeping markets on edge; selective bets still emerging: Pankaj PandeyGlobal markets are under pressure due to rising bond yields and geopolitical tensions. Higher crude oil prices are a key concern, potential...
- Nippon Life's India asset manager to settle Yes Bank investment case, document showsNippon Life India Asset Management will pay over 96 crore rupees to settle SEBI charges. The company allegedly invested customer funds in h...
- Lenders permit Aditya Birla Capital to bid for Reliance Nippon LifeThe Committee of Creditors (CoC) has approved Aditya Birla Capital Ltd to bid for RNLIC, sources said. Reliance Nippon Life Insurance is a ...
- Aditya Birla Capital enters fray to pick up Reliance's 51% stake in Nippon Life JVAditya Birla Capital is reportedly looking to buy out 51% stake that Reliance has in the joint venture with Nippon Life of Japan.
- Reliance Nippon Life adequately capitalised, says CEOThe venture between Reliance Capital and Nippon Life of Japan can increase the number of branches to 977 from 727.
- Reliance Mutual Fund renamed as Nippon India Mutual FundNippon India Mutual Fund becomes the largest foreign-owned AMC in India.
- Reliance Capital's stake sell in mutual fund arm to be completed by month-endReliance Capital had announced in May that it had signed binding definitive agreements with Nippon Life Insurance of Japan
- Nippon life to own 75% of Rel Nippon Life Asset ManagerNippon Life has an investor base of 14 mn in Japan which is a little more than 10% of its population.
- Reliance Capital's OFS on RNAM oversubscribed 2.50 timesNippon Life Insurance sold over 8 per cent of its shareholding in RNAM.
- Nippon Life makes open offer to acquire 22.49% stake in RNAMTransaction is to be payable in cash for a total consideration of Rs 3,179.41 crore.
- Nippon Life makes open offer to acquire 22.49 per cent stake in RNAMThe transaction is to be payable in cash for a total consideration of Rs 3,179.41 crore.
- Reliance Capital jumps 6% on RNAM JV stake saleReliance Capital said it has signed binding definitive agreements with Nippon Life Insurance of Japan.
- Reliance Cap invites Nippon Life to buy it out of MF JVLast fiscal, RNAM made a net profit of Rs 522 crore.
- Asset management industry in India has a very big potential for growth: Kazuhide Toda, Nippon Life“The asset management industry in India has a very big potential for growth."
- Nippon Life to raise stake in Reliance Mutual Fund to 49%Nippon Life Insurance, Japan’s largest insurance company, will raise its stake in Reliance Mutual Fund to 49% from the existing 26% in two ...
- Nippon, Reliance Group launch India funds for Japan investorsNippon and Reliance said in a statement that the two groups would actively expand their collaboration and contribute towards strengthening ...
- Reliance Capital gets RBI nod to sell stake in Reliance Life to Nippon Life InsuranceThe company had signed a definitive agreement to sell a 26% stake in Reliance Life Insurance to Nippon Life Insurance for Rs 3,062 cr earli...
- Nippon Life to acquire 26% stake in Reliance Life for $680 mnNippon is the 6th largest life insurer in the world and the No. 1 private life insurer in Asia and Japan.
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