Nippon India MF narrows valuation gap with HDFC AMC post correction
Both AMC stocks declined in the past two weeks as inflows into equity have fallen drastically.
Reliance Nippon Life adequately capitalised, says CEO
The venture between Reliance Capital and Nippon Life of Japan can increase the number of branches to 977 from 727.
This Rs 4.5 lakh crore asset manager is losing market share, but stock is up 100%
Analysts now expect returns from the stock to moderate after a steep rally.
5 low-rung stocks that doubled investor wealth on depressed D-Street this year
Some 23 other stocks delivered more than 50 per cent returns since the start of 2019.
Profitability more than market share to be Nippon Life’s focus: Hiroshi Shimizu, Nippon Life
Going ahead we expect to regain lost market share, says Hiroshi Shimizu.
DHFL seeks intervention from SBI, Union Bank to repay depositors
In letters to the State Bank of India and Union Bank of India, DHFL has sought the lenders’ help to resume repayments to depositors, a process now on hold after a Bombay High Court order. The home financier has cited its adequate cash balance to repay its depositors. DHFL had written letters to SBI’s chairman Rajnish Kumar and Rajkiran Rai G, MD and CEO of UBI.
63 Moons moves High Court to recover Rs 200 crore from DHFL
Counsel for DHFL challenged the maintainability of the petition, arguing that the trustees of the bondholders had already moved an application in the Pune bench of the Debt Recovery Tribunal (DRT) for the recovery of dues on behalf of the debenture holders and hence this plea could not be entertained.
Stocks in news: Airtel, Cipla and Reliance Nippon Life
Here are the top stocks that are likely to be in focus in today's trading.Stocks in news: Airtel, Cipla and Reliance Nippon Life
Slowdown strikes SIP-enriched MF industry: Indiabulls AMC cuts jobs
Indiabulls AMC has also reduced some senior management salaries by half.
Nippon Life eyes India asset management growth with ESG products
Anil Ambani’s Reliance Group decided to sell off its interest to help meet debt obligations.
Reliance Mutual Fund renamed as Nippon India Mutual Fund
Nippon India Mutual Fund becomes the largest foreign-owned AMC in India.
RNAM Q2 profit up 21% at Rs 137 crore on lower tax rate
Total income declined to Rs 322.60 crore in the second quarter of the ongoing fiscal from Rs 424 crore in the year-ago period.
Investors flock to companies with visible earnings prospects
Some lesser-known stocks have recovered between 50 -100 per cent from their yearly lows.
Will the bet to buy out Reliance Capital’s stake in asset manager RNAM pay off for Nippon Life?
Nippon Life has just upped its stake to 75% in RNAM, allowing Anil Ambani-promoted Reliance Capital an exit from the mutual funds business.
Nippon life to own 75% of Rel Nippon Life Asset Manager
Nippon Life has an investor base of 14 mn in Japan which is a little more than 10% of its population.
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