Page 2 - Nippon Life Company

Nippon India Multi Cap Fund is outshining peers and benchmarks by a margin

The investment objective of the scheme is to generate capital appreciation from a portfolio predominantly invested in equity and equity-related instruments

AMCs rally up to 11% as SEBI defers decision to rationalise TER for MFs

Among individual stocks, HDFC AMC was locked at the temporary 10 per cent upper limit; Nippon Life India AMC surged 11 per cent in Friday's intra-day trade.

Nippon AMC Q4 results: Consolidated net profit rises 13% to Rs 198 crore

Revenues from operations rose 3 per cent during the quarter to Rs 348 crore

Nippon India AMC reports 18% YoY profit growth in Q3 to Rs 205 cr

Total income rises 5% to Rs 416 crore

Explained: Why private insurance companies in India are coveted buys

By chasing profit over rapid expansion, companies have conserved capital, making them attractive for potential buyers

Swiss Challenge process on LIC's RCap debt sale fails to get rival bid

Final bids for Reliance Capital expected on Monday

Nippon Life-Birla Sun Life merger talks fail ahead of RCap deal deadline

Sources say Nippon Life of Japan not keen on diluting its holding in Reliance Nippon Life Insurance Company to less than 10%--something that the merger will bring about

AM Mining India completes acquisition of debt-ridden Uttam Galva Steels

AM Mining India Pvt Ltd, part of ArcelorMittal and Nippon Steel joint venture, completed the acquisition of Uttam Galva Steels Ltd, a downstream steel manufacturer in Maharashtra

Torrent group to make Rs 2,900-cr bid for Reliance Nippon Life Insurance

Reliance Capital is undergoing a bankruptcy process and the administrator had sought offers for the entire company and for its various business clusters

Nippon India MF turns off inflow tap for 5 global funds, cites limit

The fund house has suspended lump-sum subscription, switch-ins, and fresh registration of systematic investment plan/systematic transfer plan under five schemes that invest in international stocks

NAM India's Q4 profit after tax rises by 5% to Rs 175 crore

In comparison, the company had a profit after tax (PAT) of Rs 166.77 crore in the same quarter preceding fiscal, NAM India said in a regulatory filing to stock exchanges

Nippon Life Q4 up 5% to Rs 175 crore, FY22 PAT up 9% to Rs 744 crore

The firm's AUM stood at Rs 3.45 trillion as on March 21, 2022; Nippon India Mutual Fund's overall AUM market share rose to 7.38% in Q4

Tata AIG, ICICI Lombard join race to buy insurance units of Reliance Cap

Parties can either bid to buy the entire company or any one or more of its eight clusters.

Diversified bets yield big payoffs: Samir Rachh of Nippon Life India MF

Samir Rachh outperforms peers despite fund's size constraints

CCI approves acquisition of 100% shareholding of Ingram Micro by Imola

The Competition Commission of India (CCI) has approved proposed acquisition of 100 per cent shareholding and sole control of Ingram Micro Inc by Imola Acquisition Corporation

Stocks to watch: Tata Comm, Adani Ports, AU Small Fin, Nippon Life India

The board of IndiGrid Investment Managers will meet on Tuesday to decide on a proposal related to raising Rs 1,500 crore through a rights issue

NAM India Q3 PAT surges 42% at Rs 212 crore; total income up 11%

Nippon Life India Asset Management (NAM India) on Wednesday reported a 42 per cent jump in profit after tax at Rs 212 crore for three months ended December 31, 2020.

Jain Housing raises Rs 175 crore from Apollo Global and Nippon Life

The company, which has been in constructing residential apartments and complexes for over 33 years, will use the proceeds to reduce its debts

Only nine of 187 closed-end schemes outdid their benchmarks this year

Schemes which did better than their underlying indices managed Rs 1,158 cr of investor money. The laggards had assets worth Rs 33,612 cr, shows Business Standard analysis

Change in AUM mix a key near-term challenge for AMCs as investors turn wary

Share of high-margin equity is coming down in favour of less profitable liquid funds