Reliance Capital

Reliance Capital observing yoga week

Anil Ambani-led Reliance Capital has been observing yoga week from June 19 and will continue through June 26.

Jun 20, 2015, 19:16 PM IST

RelCap names Gopkumar as CEO of broking, distribution biz

Reliance Capital, part of Anil Ambani-led Reliance Group, on said it has appointed B Gopkumar chief executive of its broking and distribution business.

Jun 11, 2015, 15:56 PM IST

RCap to set up global commodity exchange in IFSC at GIFT City

Financial services major Reliance Capital plans to set up a global commodity exchange in International Finance Service Centre at GIFT City here, along with a host of other international business units.

Jun 03, 2015, 22:21 PM IST

Reliance Capital to set up global commodity exchange in IFSC at GIFT City

"This allotment is expected to bring in investment of around Rs 200 crore and generate employment for around 2,500 persons in next 3 years," GIFT MD and Group CEO Ramakant Jha said in a statement.

Jun 03, 2015, 17:18 PM IST

Reliance Capital Q4 net profit rises 53% to Rs 407 crore

Reliance Capital, the financial services arm of Anil Ambani-led Reliance Group, said that its net profit for the full fiscal ended March 31 rose by 34 percent to Rs 1,001 crore.

May 29, 2015, 16:02 PM IST

EPFO retains 4 fund managers; also appoints UTI AMC

Retirement fund manager EPFO has retained its existing four fund managers SBI, ICICI Securities Primary Dealership, Reliance Capital and HSBC AMC for a three-year term, starting April 1, 2015.

Apr 15, 2015, 20:22 PM IST

R-Cap to begin talks with foreign partners for insurance biz

Expecting the passage of Insurance Bill to bring in USD 8-10 billion of foreign capital into the industry, Reliance Capital Thursday said it would soon begin talks with foreign partners for its insurance ventures.

Mar 12, 2015, 21:05 PM IST

Reliance Cap shares surge over 11%; m-cap climbs Rs 1,186 cr

Shares of Reliance Capital soared over 11 percent, adding Rs 1,185.78 crore to its market valuation, after the company announced completing sale of 2.77 percent stake for Rs 371 crore to Japan's Sumitomo Mitsui Trust Bank.

Mar 12, 2015, 19:47 PM IST

Japan's Sumitomo Mitsui Trust Bank buys Reliance Capital stake

Preparing for its banking foray, Reliance Capital has completed sale of 2.77 per cent stake for Rs 371 crore to Japan's Sumitomo Mitsui Trust Bank, which would be a strategic partner in the proposed bank.

Mar 12, 2015, 12:29 PM IST

Reliance MF says SIP count up 3-times to 50,000 a month

Showing a strong surge in retail investor interest, top fund house Reliance Mutual Fund has seen the number of its new 'Systematic Investment Plans' grow three-times to 50,000 per month.

Feb 18, 2015, 16:28 PM IST

ICICI Sec PD, RCAMC, HSBC emerge top bidders for EPFO funds

Asset management firms ICICI Securities Primary Dealership, Reliance Capital AMC and HSBC AMC have emerged as top bidders for managing the huge corpus of retirement fund body EPFO.

Feb 13, 2015, 19:27 PM IST

Reliance Capital Q3 net profit rises 28% at Rs 213 crore

The total income for the quarter ended December 2014 rose 11 percent to Rs 2,105 crore.

Feb 12, 2015, 16:17 PM IST

Reliance Capital Q3 net profit rises 28% at Rs 213 crore

Financial services major, Reliance Capital today reported 28 percent rise in its third quarter net profit at Rs 213 crore on robust growth in insurance and mutual fund businesses.

Feb 12, 2015, 15:26 PM IST

Japanese bank acquires Rs 371 crore stake in Reliance Capital

The Japan-based Sumitomo Mitsui Trust Bank (SMTB) has acquired a minority stake in the Anil Ambani-led Reliance Capital Ltd (RCL) -- part of the Reliance Group -- for Rs 371 crore.

Jan 23, 2015, 16:51 PM IST

Reliance Cap expects turnaround in insurance biz in 2015

Confident about further growth in its mutual fund and securities market businesses, financial sector conglomerate Reliance Capital expects a turnaround in its life insurance business as well in 2015.

Jan 04, 2015, 13:33 PM IST

Sumitomo Mitsui may take up to 10% stake in Reliance Bank

As it awaits final RBI guidelines to apply for a universal banking license, Reliance Capital will consider giving up to 10 percent stake to its newly-signed strategic partner Sumitomo Mitsui Trust Bank of Japan in its proposed bank.

Dec 28, 2014, 15:19 PM IST

Ordinance boost: RCap eyes foreign funds in insurance ventures

Within days of government allowing more overseas investment in insurance sector through an ordinance, Anil Ambani-led Reliance Group has initiated a process for inducting foreign partners in its general and health insurance ventures with up to 49 percent stakes.

Dec 28, 2014, 15:16 PM IST

RCap to seek shareholders nod next month for stake sale to SMTB

Reliance Capital will seek shareholders' approval for an initial stake sale of 2.77 per cent in the company to Japan's Sumitomo Mitsui Trust Bank (SMTB) at its extraordinary general meeting (EGM) next month.

Dec 26, 2014, 19:41 PM IST

Reliance Cap ropes in Japan's SMTB as strategic partner

Firming up its plans to set up a bank, Anil Ambani group firm Reliance Capital on roped in Japan's Sumitomo Mitsui Trust Bank (SMTB) as a strategic partner to collaborate on various businesses, including in its proposed banking venture.

Dec 25, 2014, 16:12 PM IST

Insurance stocks gain; Reliance Capital up 3.72%

Shares of companies in insurance sector gained as much as 4 percent Wednesday after the government approved the Ordinance route to implement insurance reforms.

Dec 24, 2014, 19:11 PM IST