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Jan 08, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

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India's Reliance Capital received $680mn from Nippon life

MUMBAI: India 's Reliance Capital said on Sunday it has received $680 million from Nippon Life after its deal to sell 2

Muhammad Iqbal Published October 9, 2011

reliancesa MUMBAI: India's Reliance Capital said on Sunday it has received $680 million from Nippon Life after its deal to sell 26 percent stake in its insurance business was completed.

In March, Reliance Life Insurance valued at $2.6 billion after the deal agreed to sell a 26 percent stake to Japan's Nippon Life Insurance.

On Sept 30, Reliance Capital got approval from the Reserve Bank of India for the transaction, paving the way for the completion of the deal.

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Currency	Rate
USD PKR Interbank Selling / Jan 8	278.78
USD PKR Interbank Buying / Jan 8	278.58
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USD to Swiss Franc / Jan 8	0.91
Pound Sterling to USD / Jan 8	1.25
Euro to USD / Jan 8	1.04

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S&P 500 / Jan 7	5,909.03
Nasdaq / Jan 7	19,489.68
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Dow Jones / Jan 7	42,528.36
Germany DAX 30 / Jan 7	20,340.57
France CAC40 / Jan 7	7,489.35
India Sensex / Jan 8	77,786.54
Tokyo Nikkei / Jan 8	40,008.25

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Karachi Cotton PKR/37.32 KG / Jan 7	18,285
Gold 10 Grams PKR / Jan 7	236,625
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PICIC Ins.Ltd. / Jan 8 PICIC Insurance Limited(PIL)	3.21 ▲ 0.32 (11.07%)
JS Bank Ltd / Jan 8 JS Bank Limited(JSBL)	10.41 ▲ 1.00 (10.63%)
Idrees Tex. / Jan 8 Idrees Textile Mills Limited(IDRT)	15.68 ▲ 1.43 (10.04%)
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Asia Ins. / Jan 8 Asia Insurance Company Limited(ASIC)	14.29 ▲ 1.30 (10.01%)
D.M. Textile / Jan 8 D.M. Textile Mills Limited(DMTX)	60.58 ▲ 5.51 (10.01%)
Dawood Lawrencepur / Jan 8 Dawood Lawrencepur Limited(DLL)	296.12 ▲ 26.92 (10.00%)
JDW Sugar / Jan 8 JDW Sugar Mills Limited(JDWS)	904.95 ▲ 82.27 (10.00%)

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JS Mom. Factor ETF / Jan 8 JS Momentum Factor ETF(JSMFETF)	15.15 ▼ -2.18 (-12.58%)
Parmount Sp. / Jan 8 Paramount Spinning Mills Limited(PASM)	4 ▼ -0.50 (-11.11%)
Ali Asghar / Jan 8 Ali Asghar Textile Mills Limited(AATM)	78.82 ▼ -8.76 (-10.00%)
Faisal Sp. / Jan 8 Faisal Spinning Mills Limited(FASM)	292.37 ▼ -32.48 (-10.00%)
Khairpur Sug. / Jan 8 Khairpur Sugar Mills Limited(KPUS)	133.71 ▼ -14.86 (-10.00%)
Liven Pharma / Jan 8 Liven Pharma Limited(LIVEN)	178.53 ▼ -19.84 (-10.00%)
Suhail Jute / Jan 8 Suhail Jute Mills Limited(SUHJ)	156.38 ▼ -17.38 (-10.00%)
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WorldCall Telecom / Jan 8 Worldcall Telecom Limited(WTL)	520,088,624 ▲ 0.09
Cnergyico PK / Jan 8 Cnergyico PK Limited(CNERGY)	76,600,722 ▼ -0.30
K-Electric Ltd. / Jan 8 K-Electric Limited(KEL)	45,707,217 ▼ -0.21
Fauji Foods Ltd / Jan 8 Fauji Foods Limited(FFL)	36,987,542 ▼ -0.41
Sui South Gas / Jan 8 Sui Southern Gas Company Limited(SSGC)	33,354,890 ▲ 2.33
Pak Stock Exchange / Jan 8 Pakistan Stock Exchange Limited(PSX)	27,144,749 ▼ -2.85
Pak Refinery / Jan 8 Pakistan Refinery Limited(PRL)	24,452,864 ▼ -2.53
B.O.Punjab / Jan 8 The Bank of Punjab(BOP)	22,768,455 ▼ -0.23
Pak Elektron / Jan 8 Pak Elektron Limited(PAEL)	20,370,180 ▼ -0.42