Religare
Encyclopedia
Religare Enterprises Ltd. is an India
based financial services
company with operations around the globe. Commonly referred to as Religare, the company offers a range of financial services through its group companies. The services offered include broking, insurance
, asset management, lending solutions, investment banking
and wealth management
. Serving over a million clients, Religare has around 15 billion dollars of assets under management
.
The Religare group of companies include Religare Capital Markets, Religare Securities, Religare Broking, Religare Online, Religare Finvest, Religare Finmart, Religare Insurance, Religare Health Insurance, Aegon Religare, Religare Mutual Funds, Religare Macquire, Milestone Religare, Religare Art and Vistaar Religare.
Religare is headquartered in India, and has a presence in London
, New York
, Japan
, Hong Kong
, Singapore
, Dubai
, Brazil
and Indonesia
.
Timeline
2006
2007
2008
2009
2010
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...
based financial services
Financial services
Financial services refer to services provided by the finance industry. The finance industry encompasses a broad range of organizations that deal with the management of money. Among these organizations are credit unions, banks, credit card companies, insurance companies, consumer finance companies,...
company with operations around the globe. Commonly referred to as Religare, the company offers a range of financial services through its group companies. The services offered include broking, insurance
Insurance
In law and economics, insurance is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss. Insurance is defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for payment. An insurer is a company selling the...
, asset management, lending solutions, investment banking
Investment banking
An investment bank is a financial institution that assists individuals, corporations and governments in raising capital by underwriting and/or acting as the client's agent in the issuance of securities...
and wealth management
Wealth management
Wealth management is an investment advisory discipline that incorporates financial planning, investment portfolio management and a number of aggregated financial services...
. Serving over a million clients, Religare has around 15 billion dollars of assets under management
Assets under management
Assets under management is a financial term used denote the market value of funds being managed by a financial instutition on behalf of its clients, investors, depositors, etc. This metric is a sign of size and success against competition...
.
The Religare group of companies include Religare Capital Markets, Religare Securities, Religare Broking, Religare Online, Religare Finvest, Religare Finmart, Religare Insurance, Religare Health Insurance, Aegon Religare, Religare Mutual Funds, Religare Macquire, Milestone Religare, Religare Art and Vistaar Religare.
Religare is headquartered in India, and has a presence in London
London
London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...
, New York
New York
New York is a state in the Northeastern region of the United States. It is the nation's third most populous state. New York is bordered by New Jersey and Pennsylvania to the south, and by Connecticut, Massachusetts and Vermont to the east...
, Japan
Japan
Japan is an island nation in East Asia. Located in the Pacific Ocean, it lies to the east of the Sea of Japan, China, North Korea, South Korea and Russia, stretching from the Sea of Okhotsk in the north to the East China Sea and Taiwan in the south...
, Hong Kong
Hong Kong
Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...
, Singapore
Singapore
Singapore , officially the Republic of Singapore, is a Southeast Asian city-state off the southern tip of the Malay Peninsula, north of the equator. An island country made up of 63 islands, it is separated from Malaysia by the Straits of Johor to its north and from Indonesia's Riau Islands by the...
, Dubai
Dubai
Dubai is a city and emirate in the United Arab Emirates . The emirate is located south of the Persian Gulf on the Arabian Peninsula and has the largest population with the second-largest land territory by area of all the emirates, after Abu Dhabi...
, Brazil
Brazil
Brazil , officially the Federative Republic of Brazil , is the largest country in South America. It is the world's fifth largest country, both by geographical area and by population with over 192 million people...
and Indonesia
Indonesia
Indonesia , officially the Republic of Indonesia , is a country in Southeast Asia and Oceania. Indonesia is an archipelago comprising approximately 13,000 islands. It has 33 provinces with over 238 million people, and is the world's fourth most populous country. Indonesia is a republic, with an...
.
Timeline
2006
- Religare inks pact with AEGONAEGONAegon N.V. is one of the world’s largest life insurance and pension groups, and a strong provider of investment products. Aegon's head office is in The Hague, Netherlands...
, set up AMC, enter insurance - Religare gets licence for merchant banking
2007
- Religare seeks mandate to invest in realty
- Religare launches new online trading portal
- IndusInd BankIndusInd BankIndusInd Bank Limited is a Mumbai based Indianew generation bank, established in 1994. The bank offers commercial, transactional and electronic banking products and services. Indusind Bank was incorporated in April 1994 by Dr. Manmohan Singh the then Union Finance Minister...
ties up with Religare, to offer online trading - Religare plans IPOInitial public offeringAn initial public offering or stock market launch, is the first sale of stock by a private company to the public. It can be used by either small or large companies to raise expansion capital and become publicly traded enterprises...
of 11.36 cr - Religare Arts initiative to help promote galleries, artists
- Religare to launch art fund
- TMB ties up with Religare for security trading platform
- MacquarieMacquarie GroupMacquarie Group Limited is a global investment banking and diversified financial services group, providing banking, financial, advisory, investment and funds management services to institutional, corporate and retail clients and counterparties around the world...
buys 50% stake in Religare arm - Religare Enterprises offer opens on Oct 29
- Religare Corporation Bank tie up
- Religare lists at 75% premium
- Religare ties up with Bank of Rajasthan
2008
- Religare to sell stake in NBFCNon-banking financial companyNon-bank financial companies are financial institutions that provide banking services without meeting the legal definition of a bank, i.e. one that does not hold a banking license. These institutions are not allowed to take deposits from the public. Nonetheless, all operations of these...
arm for Rs 500 cr - Religare Finvest gets top ICRA rating
- Religare-Aegon AMC gets in-principle nod
- India’s first regulated film fund set to make entry, Religare in pact with Vistaar on Rs. 200 crore
- Religare to buy UK's Hichens for Rs 396 cr
- Religare enters commercial vehicle financing
- Religare Finvest ties up with Kumar Motors
- Religare's NBFC arm on Rs 100 crore expansion spree
- Religare plans banking foray
- Religare to set up retail stores in personal financePersonal financePersonal finance is the application of the principles of finance to the monetary decisions of an individual or family unit. It addresses the ways in which individuals or families obtain, budget, save, and spend monetary resources over time, taking into account various financial risks and future...
space - Religare Finvest raises Rs 100-cr via securities
- Religare set to foray into non-life sector
- Macquarie Bank buys 50% in Religare's wealth management
- Shake up at Religare Capital; new India desk in London
- Religare unit gets QatarQatarQatar , also known as the State of Qatar or locally Dawlat Qaṭar, is a sovereign Arab state, located in the Middle East, occupying the small Qatar Peninsula on the northeasterly coast of the much larger Arabian Peninsula. Its sole land border is with Saudi Arabia to the south, with the rest of its...
licence - Religare to invest heavily in pathology lab
- Religare, Bank of Bahrain and KuwaitBank of Bahrain and KuwaitThe Bank of Bahrain and Kuwait B.S.C. was established in 1971 in both the Kingdom of Bahrain and the State of Kuwait. Its shareholders consist of the general public and government of Bahrain, and banks and investment companies in Kuwait...
tie up - Religare gets SEBISecurities and Exchange Board of IndiaThe Securities and Exchange Board of India is the regulator for the securities market in India.-History:It was formed officially by the Government of India in 1992 with SEBI Act 1992 being passed by the Indian Parliament...
nod to start mutual fundMutual fundA mutual fund is a professionally managed type of collective investment scheme that pools money from many investors to buy stocks, bonds, short-term money market instruments, and/or other securities.- Overview :...
business - Religare Enterprises Limited wins Outlook Money Best New Listing
- Religare MF seeks nod for savings plan
- Vistaar Religare Fund plans 50 films in 5 yrs
- Religare Enterprises to acquire Lotus India, pump in money
2009
- Religare Bags LIPPER-STARMINE Award
- Religare MF announces dividendDividendDividends are payments made by a corporation to its shareholder members. It is the portion of corporate profits paid out to stockholders. When a corporation earns a profit or surplus, that money can be put to two uses: it can either be re-invested in the business , or it can be distributed to...
- Aegon Religare entering into health insuranceHealth insuranceHealth insurance is insurance against the risk of incurring medical expenses among individuals. By estimating the overall risk of health care expenses among a targeted group, an insurer can develop a routine finance structure, such as a monthly premium or payroll tax, to ensure that money is...
space - Religare, NTT EuropeNTT Europe OnlineNTT Europe announced on January 17, 2011 that it will merge NTT Europe Online, its managed hosting subsidiary, into the company as another step towards becoming an ICT service provider...
launch online trading - Religare files for rights issue
- Religare MF is one amongst the top 12 fund houses that has witnessed a rise in AUM.
- Milestone and Religare team up to manage Rs 600 cr fund
- Religare to set up health insurance subsidiary
- Religare, Manipal Universal tie-up, to launch commodities course
- Milestone, Religare JV to invest in edu, healthcare
- Religare enters home loans
- Religare inks pact with Swiss ReSwiss ReSwiss Reinsurance Company Ltd , generally known as Swiss Re, is a Swiss reinsurance company. It is the world’s second-largest reinsurer, after having acquired GE Insurance Solutions. The company has its headquarters in Zurich...
for health insurance - Andhra BankAndhra BankAndhra Bank was registered on 20 November 1923 and commenced business on 28 November 1923 with a paid up capital of Rs 1.00 lakh and an authorised capital of Rs 10.00 lakhs. The Bank crossed many milestones and the Bank's Total Business as on 30.06.2008 stood at Rs.83,256 Crores with a Clientele...
, Religare tie up for share trading - Religare annuity plan to tap retirees, VRS optees
- Religare Capital Markets Ltd the sole advisor for Fortis Healthcare - WockhardtWockhardtWockhardt Ltd. is a pharmaceutical and biotechnology company headquartered in Mumbai, India. The company has manufacturing plants in India, UK, Ireland, France and US, and subsidiaries in US, UK, Ireland and France. It is a global company with a more than half of its revenue coming from Europe. The...
hospitals deal - Religare Capital Looking For JVs, Buys In Emerging Markets
- Religare rolls out CSRCorporate social responsibilityCorporate social responsibility is a form of corporate self-regulation integrated into a business model...
initiative - Religare Wins Award For Brand Excellence In Banking And Financial Services
- Religare Finvest enters into MoU with Corporation bank
2010
- Religare in pact with Bank of MaharashtraBank of MaharashtraBank of Maharashtra is the premier bank of Maharashtra, operating in the country of India.Registered on 16th Sept 1935 with an authorized capital of Rs 10.00 lakh and commenced business on 8th Feb 1936....
for online trading - Religare takes Northgate stake in investment push
- Religare Voyages plans to tap air ambulanceAir ambulanceAn air ambulance is an aircraft used for emergency medical assistance in situations where either a traditional ambulance cannot reach the scene easily or quickly enough, or the patient needs to be transported over a distance or terrain that makes air transportation the most practical transport....
segment - Religare buys Sobha Biz
- Singh brothers step down , Godhwani natural choice for successor
- Religare targets $40bn AUM by next March
- Religare merges equity and commodity business
- Religare Cap ties up with TurkeyTurkeyTurkey , known officially as the Republic of Turkey , is a Eurasian country located in Western Asia and in East Thrace in Southeastern Europe...
’s GarantiGaranti BankGaranti Bank is the second largest-private bank in Turkey with US$90 billion in assets as of December 31, 2010. On November 2nd, 2010 BBVA , Spain's second largest bank, acquired 24.9% stake in Garanti Bank for $5.8 billion. Garanti provides retail, commercial, corporate and private banking... - Religare to buy boutique AMCs in US
- Religare to buy Hong KongHong KongHong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...
equity firm - Religare opens gold investment gateway
- Religare buys part of Citi's home loan biz for Rs 500 cr
- Religare entering Sri LankaSri LankaSri Lanka, officially the Democratic Socialist Republic of Sri Lanka is a country off the southern coast of the Indian subcontinent. Known until 1972 as Ceylon , Sri Lanka is an island surrounded by the Indian Ocean, the Gulf of Mannar and the Palk Strait, and lies in the vicinity of India and the...
's Financial Markets by joining hands Bartleet Mallory Stock Brokers (BMS) - Religare Finvest Eyes Rs 6,000-Crore Loan Portfolio by end of fiscal
- Religare Enterprises Scouting For AMG Acquisition
- Religare Capital acquires UK's Barnard Jacobs Mellet
- Landmark buy puts Religare among India's top four AMCs.