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Reliance Nippon Life AMC receives shareholders' approval for name change
The company had earlier sought shareholders approval by way of special resolution through a postal ballot for changing the company's name
Nippon India Mutual Fund PBT down 2% in July-September quarter, net up 20%
Fund house holds on to its position in retail segment and beyond top-30 cities
Japan's Nippon Life becomes sole sponsor of RNam, raises stake to 75%
With this transaction, Japan-based Nippon Life's gross investments in RNam is now over Rs 7,800 crore
Reliance Nippon Life hits 52-week high in weak market; surges 12%
The stock hit a 52-week high of Rs 260 today. It has rallied 38 per cent in the past three months, as compared to a 1 per cent rise in the S&P BSE Sensex.
RCap pledges 22% stake in Anil Ambani group's mutual funds arm RNAM
The pledging was done in favour of IDBI Trusteeship and Axis Trustee Services, who were acting on behalf of some of the creditors.
RNAM gets Employees' State Insurance Corp mandate to manage its funds
Total investment of ESIC stood at Rs 593.82 billion at the end of March 2018
Reliance Nippon Life ends at 12% premium against issue price
The stock listed at Rs 296, a 17% premium against its issue price of Rs 252 on the NSE. It was listed at Rs 294 on the BSE.
