Reliance Capital gets Rs 5,500 crore from RNAM stake monetisation

Anil Ambani-led Reliance Capital said on Saturday it has concluded the transaction with Nippon Life Insurance Company of Japan to sell its stake in Reliance Nippon Life Asset Management (RNAM).

Anil Ambani’s Reliance Capital in recovery mode post RNAM’s stake sale

RNAM’s stake sale, monetisation of other assets to cut Reliance Capital’s debt by 70 pc The second offer for sale (OFS) announced by Reliance Capital to sell its 2.86 per cent shareholding in Reliance Nippon Life Asset Management (RNAM) has…

Reliance Capital exercises over-allotment option after offer for sale in RNAM

Reliance Capital exercises green-shoe option after offer for sale in RNAM Anil Ambani-owned Reliance Capital said on Tuesday its offer for sale (OFS) last week to sell shareholding in Reliance Nippon Life Asset Management (RNAM) has got good response from…

Reliance Capital to exit life insurance business

Nippon Life Insurance ups stake in RNAM to 75 pc Nippon Life Insurance of Japan said on Thursday it has signed binding definitive agreements with Reliance Capital to increase its stake in Reliance Nippon Life Asset Management (RNAM) to 75…