Ramkumar K, Chief Investment Officer at Reliance General Insurance, believes that discretionary consumption with strong brand appeal will perform well in the coming years as India s per capita income grows. He mentions that the recent volatility in the markets is due to geopolitical concerns and rising crude oil prices. Ramkumar advises investors to watch out for flows, as they determine valuations in the short term. He also discusses the positive outlook for gold prices amid currency uncertainty and geopolitical concerns.
The legal opinion was necessitated as IIHL in its resolution plan for Reliance Capital has sought to extinguish all employees stock option plans, phantom stocks or similar incentive schemes of Reliance Capital and its subsidiaries, including RGIC, so that no additional cost is incurred after the takeover
Hinduja Led IIHL Blocked From Extinguishing Reliance General Insurance s Esops - BW Businessworld businessworld.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessworld.in Daily Mail and Mail on Sunday newspapers.
India Business News: Reliance General Insurance has obtained a legal opinion that states IndusInd Holding's resolution plan cannot extinguish any stock options or other e