CCI clears Reliance Capital-Goldman Sachs deal
Competition Commission has given its approval to Reliance Capital Asset Management's proposed acquisition of global giant Goldman Sachs' mutual fund business in India for Rs 243 crore.
Jan 05, 2016, 16:18 PM ISTReliance MF to acquire Goldman Sachs India MF biz for Rs 243 crore
The transaction has been approved by the boards of the two companies and is expected to be completed in the current fiscal, RCAM's parent firm Reliance Capital said in a statement.
Oct 21, 2015, 10:50 AM ISTNippon Life to hike stake in Reliance Life Insurance, MF biz: Anil Ambani
Zee Media Bureau
Sep 30, 2015, 11:12 AM ISTIndia's mutual funds base to top $325 bn by 2018: RCAM's Sikka
Riding on the overall positive mood on the Indian economy, the asset base of the mutual fund industry in the country is set to grow faster at 18.6 percent per annum to top Rs.20 lakh crore ($325 billion) by 2018, says a top industry expert.
May 10, 2015, 18:21 PM ISTReliance Capital to double market capitalisation in 3-4 yrs: Ambani
Besides Reliance Capital, which has applied for universal banking licence, would explore all opportunities in the banking space.
Sep 30, 2014, 14:56 PM ISTReliance MF to launch India-focussed funds abroad
RCAM is part of Anil Ambani-led business conglomerate Reliance Group's financial services arm Reliance Capital.
Sep 29, 2014, 12:53 PM IST