Search results
Results From The WOW.Com Content Network
In 2018, Aditya Birla Sun Life Mutual Fund faced redemption pressures in some of its debt schemes due to exposure to entities like the Essel Group companies. The Economic Times reported that the Aditya Birla Sun Life Mutual Fund was the biggest investor in the Essel Group, with an exposure of Rs 2,936 crore spread across 28 schemes1.
Rolinco, a second mutual fund for investors more interested in capital growth than taxable dividend, was founded in 1965. Robeco Group is also founded. [10] The company became the largest mutual fund in Europe in 1969. [11] Rorento, Robeco’s first bond fund, was founded in 1974 as an answer to the oil crisis in 1973. [12]
Subsequently, it transpired that Citibank brokers like Pallav Sheth and Ajay Kayan, industrialists like Aditya Birla, Hemendra Kothari, a number of politicians, and the RBI Governor S.Venkitaramanan all had played a role in allowing or facilitating Mehta's rigging of the share market. [12]
Aditya Birla Sun Life Insurance was established on August 4, 2000, and began operations in 2001 with three insurance plans. [35] The Insurance Regulatory and Development Authority (IRDA) granted registration in principle to Birla Sun Life. [36] Initially, Sun Life Financial held a 26% stake in this joint venture, [37] and later increased its ...
Canara Bank is an Indian public sector bank based in Bangalore, India. Established in 1906 at Mangalore by Ammembal Subba Rao Pai . The bank was nationalized in 1969.
Canara HSBC Life Insurance is an Indian life insurance company, headquartered in Gurugram. [5] Established in 2008, Canara HSBC Life Insurance [6] was a joint venture between Canara Bank (51%), HSBC Insurance (Asia Pacific) Holdings Limited (26%) and Punjab National Bank (23%). On 15 June 2022, the company renamed itself as Canara HSBC Life ...
Birla Corporation Limited is an Indian-based company of the M.P Birla Group, founded by Ghanshyam Das Birla in the late 1910s and carried on by Madhav Prasad Birla. In the 1890s, Birla Corporation was a jute manufacturing company, but over time, it grew to operate four main divisions: cement, jute, linoleum, and auto trim. [ 1 ]
CK Birla Group is an Indian multinational conglomerate headquartered in Birla Tower on Barakhamba Road, New Delhi, India. The group has been historically led by industrialists Braj Mohan Birla and Ganga Prasad Birla. [3] The CK Birla Group has a presence in following sectors - technology, automotive, home and building, healthcare, and education ...