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Reliance capital gets CCI nod to acquire Goldman Sach's fund arm
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 ..
Month: Current Affairs - January, 2016
RCAM to takeover Goldman Sachs' mutual fund business in India
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 ..
Month: Current Affairs - October, 2015
Reliance Defence inks strategic partnership MoU with Emirates Defence Industries Co.
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 ..
Month: Current Affairs - September, 2015
Reliance Defence Ltd inks MoU wit Abu Dhabi Ship 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 ..
Month: Current Affairs - September, 2015
Reliance MediaWorks completes sale of multiplex business to Carnival Group
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 ..
Month: Current Affairs - August, 2015
Pipavav Defence inks pact with Russian firm Zvyozdochka to refit submarines
Anil Ambani-led Reliance Group’s Pipavav Defence and Offshore Engineering (PDOE) inked a multi-crore agreement with Russian firm Zvyozdochka, JSC Ship Repairing Centre. The agreement was signed in lines with Make in India initiative for the Medium Refits and Life Certification ..
Month: Current Affairs - July, 2015