The Anil D Ambani group is planning to exit the mutual fund business.Financial services firm Reliance Capital (RCap) on Thursday said it has invited partner Nippon Life Insurance to acquire its entire...

Shares of asset management companies (AMCs) ended with sharp losses of up to 11.3 per cent on Wednesday after market regulator Sebi decided to slash the charges levied on investors by mutual funds. Th...

Anil Ambani’s Reliance Capital is exiting the mutual funds business. The holding firm is selling its stake in Reliance Nippon Life Asset Management Ltd (RNAM) to its joint venture partner Nippon Lif...

Rating agency Icra has downgraded the commercial paper (CP) programme of Reliance Capital by a notch and placed it on watch with negative implications, citing delay in monetising non-core investments ...