Nippon Life Insurance raises stake in Reliance Life to 49%
Reliance Capital, the holding company of Reliance Life, received Rs 2,265 crore for the deal.
Mar 30, 2016, 13:57 PM IST
Reliance Life gets nod for $350 mn more equity from Nippon Life
The Foreign Investment Promotion Board has granted approval to Japan`s Nippon Life Insurance to increase its stake in Anil Ambani-led Reliance Life Insurance (RLI) to 49 percent, which will peg the valuation of the Indian company at $1.5 billion.
Mar 21, 2016, 14:10 PM IST
FIPB clears Rs 14,000 crore FDI proposals; Nippon, Yes Bank get nod
The Foreign Investment Promotion Board (FIPB) Monday cleared 16 FDI proposals worth Rs 14,000 crore including that of Japan's Nippon hiking stake in Reliance Life Insurance to 49 per cent, as also that of four other foreign insurers
Mar 07, 2016, 18:44 PM IST
Insurance FDI cap hike sees inflow in Joint Ventures; $1billion likely in 2016
The long pending demand of insurance players for raising the FDI cap to 49 percent was fulfilled this year leading to greater flow of foreign funds into India's private JVs and the move is expected to further attract over Rs 6,000 crore into the sector during 2016.
Dec 30, 2015, 13:07 PM IST
Reliance Life to hire 5,000 insurance agents, 2,000 sales staff
The company has already hired close to 15,000 insurance advisors in the recent months and the planned hiring activities would take the total recruitment of agents to 20,000 people in the current fiscal ending March 31, 2016.
Dec 07, 2015, 18:04 PM IST
Nippon acquires 23% stake in Reliance Life for Rs 2,265 crore
Japan's Nippon Life Insurance on Tuesday announced the acquisition of another 23 percent stake in Reliance Life Insurance for about Rs 2,265 crore.
Nov 24, 2015, 15:52 PM IST
Nippon Life to hike stake in Reliance Life Insurance, MF biz: Anil Ambani
Zee Media Bureau
Sep 30, 2015, 11:12 AM IST
Reliance Life launches endowment plan with fixed returns
Reliance Life Insurance on Tuesday launched endowment plan that provides fixed returns.
Sep 09, 2014, 14:35 PM IST
