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Malay Ghosh elevated as president of Reliance Life Insurance

July 16, 2009 · Filed Under Reliance Insurance · Comment 

Reliance Life Insurance Company (RLIC), part of the Reliance Anil Dhirubhai Ambani Group, on Thursday announced the elevation of Malay Ghosh as president, as part of the company’s overall growth plans.

The announcement was made by Sam Ghosh, chief executive officer, Reliance Capital Ltd, in Mumbai.

Malay Ghosh has taken over as the president, Reliance Life Insurance, from his previous role of deputy chief executive officer to further lead and strengthen the organisation and continue to provide direction and focus.
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For buy the Reliance IPO through icicidirect.com which OPTION Institutional”CLICK RETAIL OR NON-?

June 7, 2009 · Filed Under FAQs · Comment 
rajesh20k asked:


I want to buy Reliance IPo around RS. 100000 through ICICI Ditect.com.I know for Retail investors have the option for paying only 25% means RS 115 per share at the time of applying. Now I want to know , suppose when login to icicidirect.com and click on IPO section. The two option button displayed like “Retail” and “Non-Institutional”.
Suppose I click on “Retail” then how much how much price should be entered for buying 225 shares?
If I m right total amount for buying 225 shares, I will have to pay 225 * 115 =25875 and rest of amount when shares are allocated.
Please clarify my point.
I am right or wrong

Reliance refund of 85000 not recieved?

June 7, 2009 · Filed Under FAQs · Comment 
Ankur J asked:


I have applied for Reliance power ipo, but didn’t recieve nay
allotment and refund of 83,850 in not being recieved.
I enquired karvy but didn’t recieve any response.
Please do let help me out as i am a small investor.
Details:
dpid(client ID): 1301760000689913
shares applied: 195
Amount: 83850
App no: 55488249
cheque no: 487083
Date: 17/1/08

Please do let me know…
Hn0-320, sec-14
sonepat, haryana 131001
Ankur jain
09868582919

when is a Reliance IPO would get listed?

June 7, 2009 · Filed Under FAQs · 4 Comments 
jayakrishna a asked:


Is today it is going to be listed or not?

I don’t remember application number of Reliance power IPO. I have not received refund. How to track?

June 7, 2009 · Filed Under FAQs · 3 Comments 
vinay b asked:


I do not remember the application number of Reliance power IPO, I have applied. I have not received refund yet. How to track? However I have been allocated 17 shares. But the refund of this has not been made. Is there any way to track my refund without know the application number?
If yes then how?

I have applied for Reliance Power IPO 225 nos. I have not been alloted and my money is also not refunded?

June 7, 2009 · Filed Under FAQs · 3 Comments 
ashik asked:


I have applied for Reliance Power IPO 225 nos. I have not been alloted and my money is also not refunded. I have applied on the first day itself. Where/whom should i contact to get the details.

Reliance Capital plans to launch an IPO for Reliance Life Insurance

May 27, 2009 · Filed Under Reliance Insurance · Comment 

India-based Reliance Capital plans to launch an initial public offering for its Reliance Life Insurance unit, to capitalize on improving post-election stock market sentiment and easing liquidity situation in the country, according to media reports.

The company is planning to divest nearly 26% of its insurance arm over the next three to four months. With this move, Reliance Life Insurance will reportedly become the first Indian insurer to launch an initial public offering.

The present Indian insurance regulations cap investments by foreign entities in Indian insurance companies up to a 26% stake. The new government in India is expected to increase the limit on foreign direct investment to 49%.
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Reliance Power IPO ready for listing

December 17, 2008 · Filed Under Videos · Comment 

The Reliance Power initial public offering (IPO) is ready to hit the street on January 15 in a price band of Rs 405 to Rs 450. Each share has been priced at Rs 405 at the lower end and Rs 450 at the upper end of the band. The company plans to offer the retail investors or those applying for Rs 1 lakh will get a 5 per cent discount.

Ratings:

Reliance Power IPO to list in early Feb

December 17, 2008 · Filed Under Videos · Comment 

Emotions, high energy and a hard sell all intact as Anil Ambani hits the press once again, the marathon runner is in an all talk mode about the country’s largest public offering. Reliance Power Ltd, the Anil Dhirubhai Ambani Group (ADAG) firm, is set to hit the capital market by early next month, raising close to $3 billion in the country’s largest initial public offering.

Ratings:

Reliance Power lists, slips below offer price

December 17, 2008 · Filed Under Videos · Comment 

There was disappointment for retail investors as Anil Ambani’s Reliance Power IPO slipped below its issue price soon after it listed. The listing began after Anil Ambani rang the opening bell at the Bombay Stock Exchange.

Ratings:

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