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Japan's Nippon Express to acquire 22 pc stake in Future Supply Chain Solutions
The Times of India 20 Sep 2019
As part of this transaction, Future Supply Chain Solutions Ltd (FSC) will issue 37,89,350 shares to Nippon Express at a price of Rs 664 per share (22 per cent premium to the current market price) ... Both these transactions will result in Nippon Express owning a 22 per cent stake in FSC (on a post money, fully diluted basis), FSC added....
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Nippon Express to buy 22% stake in Future Supply Group
Deccan Herald 20 Sep 2019
As part of this transaction, Future Supply Chain Solutions Ltd (FSC) will issue 37,89,350 shares to Nippon Express at a price of Rs 664 per share (22 per cent premium to the current market price) ... Both these transactions will result in Nippon Express owning a 22 per cent stake in FSC (on a post-money, fully diluted basis), FSC added....
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Reliance Capital’s 3rd OFS in RNAM subscribed 2.6 times
Business Line 13 Sep 2019
Reliance Capital on Friday said it has received overwhelming response from investors for the third offer-for-sale to sell 6.31 per cent stake in Reliance Nippon Life Asset Management (RNAM) and added that it expects to reduce its debt by at least ......
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India’s Paytm may pick up stake in private bank
Asiatimes 11 Sep 2019
Around 7.34% of the Kapoor family stake has been pledged with Reliance Nippon Asset Management Company ... The structure of the deal would depend on approval from the Reserve Bank of India, given that Sharma already owns a stake in Paytm Payments Bank, the daily added. Reliance Nippon ......
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Fund houses step up hiring to keep pace with expansion drive
The Times of India 09 Sep 2019
“We have added over 120 locations post IPO and currently we are present across 300 locations pan India. As we penetrate deeper into India to expand the market and have new to industry mutual fund customers, we have added workforce to facilitate and support our growth,” said Sundeep Sikka, CEO, Reliance Nippon Life Asset Management....
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A significant majority of Nifty 500 stocks in the red
The Times of India 04 Sep 2019
MUMBAI. Investors of small and midcap companies continue to bear the brunt of the market correction, as 70 per cent of the Nifty 500 stocks have given negative returns year-to-date ... The Nifty 500 index is down 5 per cent year-to-date ... Shares of Reliance Nippon Asset Management have gained 78 per cent, while those of HDFC AMC have added 72 per cent ... ....
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Japanese shares dip after activation of U.S-China tariffs
Canada Dot Com 02 Sep 2019
Washington began imposing 15% tariffs on a variety of Chinese goods on Sunday, while Beijing started imposing new duties on U.S. crude on the same day ... Nippon Yusen KK edged up 0.5%, Kawasaki Kisen Kaisha added 1.2% and Mitsui OSK Lines was up 0.8%....
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Japanese share slip as U.S., China impose more tariffs
Canada Dot Com 02 Sep 2019
TOKYO — Japanese shares slipped on Monday after the United States and China imposed more tariffs on each other’s goods, escalating a dispute that is increasingly weighing on export-reliant Asia and disrupting global trade ... Nippon Yusen KK edged up 0.4%, Kawasaki Kisen Kaisha added 1.7% and Mitsui OSK Lines was up 0.9%....
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The Oneida Daily Dispatch
27 Aug 2019
Dunn-Edwards Partners with Toshiba to Revamp Store Experience
The Oneida Daily Dispatch
27 Aug 2019
This press release features multimedia. View the full release here. ... Rich Stefani, chief information officer and group vice president of Nippon Paint (USA), Inc, added, “In the paint industry, we focus every day on improving our customer experience ... Dunn-Edwards is a wholly owned subsidiary of Osaka, Japan-based Nippon Paint Holdings Co., Ltd ... CONTACT....
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Nippon Life Insurance increases stake in RNAM to 54%
Business Line 21 Aug 2019
With the closure of open offer, Nippon Life Insurance stake in Reliance Nippon Life Asset Management (RNAM) has risen to 54 per cent ... Nippon Life floated open offer to acquire nearly 22.49 per cent stake in RNAM for ₹3,179 crore under a deal with ......
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Nippon Life Insurance raises stake in RNAM to 54 pc
The Times of India 21 Aug 2019
New Delhi, Aug 21 () With the closure of open offer, Nippon Life Insurance stake in Reliance Nippon Life Asset Management (RNAM) has risen to 54 per cent ... Nippon Life floated open offer to acquire nearly 22.49 per cent stake in RNAM for Rs 3,179 crore under ......
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Moneycontrol
21 Aug 2019
Nippon Life Insurance raises stake in RNAM to 54%
Moneycontrol
21 Aug 2019
Nippon Life floated open offer to acquire nearly 22.49 percent stake in RNAM for Rs 3,179 crore under a deal with Reliance Capital which is exiting the mutual funds business ... With the closure of open offer, Nippon Life Insurance stake in Reliance Nippon Life Asset Management (RNAM) has risen to 54 percent....
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