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    Nippon Life buys 14% more stake in RCAM for 1,196 cr

    Nippon Life buys 14% more stake in RCAM for 1,196 cr

    In the biggest ever FDI in Indian mutual fund industry, Japanese giant Nippon Life acquired 14 per cent additional stake in leading fund house Reliance Capital Asset Management Company for Rs 1,196 crore, hiking its stake to 49 per cent.Nippon Life buys 14% more stake in RCAM for 1,196 cr

    RCap to acquire Goldman's India MF biz for Rs 243 cr

    RCap to acquire Goldman's India MF biz for Rs 243 cr

    Reliance Capital Asset Management (RCAM) announced takeover of global giant Goldman Sachs' mutual fund business in India for Rs 243 crore in an all-cash deal as yet another foreign player exits the Rs 13 lakh crore Indian MF market.RCap to acquire Goldman's India MF biz for Rs 243 cr

    'Nippon Life stake hike shows growing relationship with Reliance'

    'Nippon Life stake hike shows growing relationship with Reliance'

    In the biggest ever FDI in Indian mutual fund industry, Japanese giant Nippon Life acquired 14 per cent additional stake in leading fund house Reliance Capital Asset Management Company for Rs 1,196 crore, hiking its stake to 49 per cent. The company has been renamed as Reliance Nippon...

    The Economic Times
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