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Jonathan Gould / Reuters 05:13 PM | November 09,2009
The company said that it was well-positioned to take advantage of improvements in the economy, after its life and health insurance and asset management businesses helped it post a 23% rise in operating profit in Q3
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N. Sundaresha Subramanian and Shradda Nair 09:21 PM | October 08,2009
A number of funds that were struggling to achieve closure are hopeful of reaching targets
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Reuters 04:07 PM | September 21,2009
The company’s new asset management joint venture in India with Bajaj Finserv is set to turn small profits in the near term, drawing from the company’s long running insurance business
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Anirudh Laskar and N. Sundaresha Subramanian 01:33 AM | August 24,2009
India has 36 asset management companies (AMCs) and at least some of them are planning to start their own distribution business instead of selling funds through third-party distributors
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Baiju Kalesh and Satish John 09:49 PM | August 19,2009
The firm earned Rs1,384.7 crore for the fiscal ended 31 March, a growth of 12.9% from previous year
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AFP 03:31 PM | August 05,2009
The French group said that the life assurance business had slowed down, capital gains had fallen and that it had had to make new provisions
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PTI 03:51 PM | July 22,2009
The company would pay a dividend of 50% or Rs5 per unit and 30% or Rs3 per piece under the equity and balanced options of Reliance Regular Savings Fund, respectively
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12:14 PM | July 22,2009
Listen to a ground report from Taregna in Bihar, watch a video exploring the growth explosion of retail stores in rural India and see how the removal of entry and exit loads will impact asset management companies and distributors
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AFP 01:14 PM | July 12,2009
Under the accord, Nomura will take a 35% stake in LIC Mutual Fund Asset Management Co., a LIC subsidiary, for about six billion yen, the Nikkei business daily reported
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PTI 03:12 PM | June 17,2009
The report stated that India’s asset management industry is expected to grow from the current $83 billion to $520 billion by 2012
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Reuters 12:36 PM | June 08,2009
BlackRock and Bank of New York Mellon are both in talks to buy BGI in a deal that could be worth about $12 billion and might come early this week
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Reuters 11:49 PM | May 21,2009
Fixed income funds collectively mopped up Rs1.55 trillion, including Rs1.03 trillion in income funds, mostly in ultra short-term schemes, the highest ever since mutual funds data was made available in late 1999
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Reuters 02:00 PM | April 20,2009
Allianz has minority stakes in two Indian insurance ventures, Bajaj Allianz Life Insurance Co Ltd and Bajaj Allianz General Insurance Co Ltd
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Bei Hu / Bloomberg 10:03 PM | April 08,2009
Singapore-based LionRock will begin investing from 1 June; the fund will focus on Asia-Pacific stocks
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Reuters 12:16 PM | February 10,2009
Swiss bank UBS announced it would cut about 1,600 more jobs at its investment bank after it posted a $7 billion loss in the fourth quarter
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