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Value Lens: Why UTI AMC is unlikely to get a hefty price tag in IPO

Finance

13 January, 2020

Value Lens: Why UTI AMC is unlikely to get a hefty price tag in IPO

UTI Asset Management Co Ltd, which is gearing up to float an initial public offering, may get a conservative valuation ......

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Indo-Japan joint fund firms up game plan to back venture capital firms

Finance

23 July, 2019

Indo-Japan joint fund firms up game plan to back venture capital firms

A fund of funds jointly set up by India and Japan last month will mainly support venture capital firms that ......

Reliance Capital to exit mutual funds business, sell stake to Nippon Life

Finance

23 May, 2019

Reliance Capital to exit mutual funds business, sell stake to Nippon Life

Reliance Capital Ltd, the financial services arm of Anil Ambani-led Reliance Group, is exiting the mutual fund business by selling ......

Amid RCom woes, Reliance Capital looks to sell stake in mutual fund biz

Finance

21 February, 2019

Amid RCom woes, Reliance Capital looks to sell stake in mutual fund biz

Reliance Capital Ltd, the diversified financial services firm promoted by the Anil Ambani-led Reliance Group, has offered to offload its ......

Reliance Mutual Fund files for IPO

Finance

19 August, 2017

Reliance Mutual Fund files for IPO

Reliance Nippon Life Asset Management Ltd, India’s third-largest mutual fund manager, has filed documents with capital markets regulator to float ......

IIFL Special Opportunities Fund picks up 2.6% in Reliance Mutual Fund

Finance

16 August, 2017

IIFL Special Opportunities Fund picks up 2.6% in Reliance Mutual Fund

IIFL Special Opportunities Fund has bought a 2.59% stake in Reliance Nippon Life Asset Management Ltd (RNAM) for $60 million ......

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Reliance Capital's mutual fund arm hires bankers for IPO

Finance

25 July, 2017

Reliance Capital's mutual fund arm hires bankers for IPO

Billionaire Anil Ambani-controlled Reliance Group has hired three merchant bankers to run the listing process of its mutual fund arm, ......

Eton Park exits Reliance AMC; Ritika Suri quits Infosys; Quess Corp plans share sale

Finance

18 July, 2017

Eton Park exits Reliance AMC; Ritika Suri quits Infosys; Quess Corp plans share sale

US-based hedge fund Eton Park has sold its entire 4.43% stake in Reliance Nippon Life Asset Management Ltd, the asset ......

Reliance Capital's mutual fund arm plans to go public

Infrastructure

07 June, 2017

Reliance Capital's mutual fund arm plans to go public

Reliance Nippon Life Asset Management Ltd, the asset manager to Reliance Mutual Fund, said on Wednesday its board of directors ......

Reliance AIF Asset Management raising first credit fund

General

23 February, 2017

Reliance AIF Asset Management raising first credit fund

Reliance AIF Asset Management Company Ltd, part of Reliance Nippon Life Asset Management Ltd, is raising its first credit fund ......