Page-4 of Reliance Current Affairs, GK & News
Reliance Capital Asset Management (RCAM) has received nod from Competition Commission of India (CCI) to acquire Goldman Sachs’s mutual funds and exchange-traded funds business in India. This approval comes after the boards of both the companies had approved the acquisition transaction. Now RCAM needs to get final nod of the Securities and Exchange Board of ..
Reliance Capital Asset Management (RCAM) has announced to takeover global giant Goldman Sachs’ mutual fund business in India. It is first ever acquisition RCAM and will be acquired for 243 crore rupees in an all-cash deal. Under this deal, RCAM will acquire all 12 onshore mutual fund schemes of Goldman Sachs Asset Management (GSAM) India ..
Reliance Defence has signed a strategic Memorandum of Understanding (MOU) with Emirates Defence Industries Company (EDIC) in defence sector. The MoU seeks to boost partnership between both countries for manufacturing, knowledge transfer, services and technology development from the United Arab Emirates (UAE). Both companies will partner to jointly explore the opportunity for manufacturing and building ..
Reliance Defence Ltd (RDL) led by Anil Ambani has inked memorandum of understanding (MoU) with Abu Dhabi Ship Building (ADSB) to set up a strategic partnership for construction of naval ships. The partnership will include construction of frigates and destroyers to address the demands of Gulf Cooperation Council (GCC) over the next 10 years. Both ..
Anil Ambani-led Reliance MediaWorks Ltd completed the sale of its multiplex business to Kochi based Carnival Cinemas that fetched approximately 700 crore rupees. Reliance MediaWorks operates under the aegis of Reliance Capital which runs ‘BIG Cinemas’ a cinema chain that own over 250 screens across the country. The sale procedure had started in December 2014 ..