The planned deal will reduce Reliance Capital's stake in Reliance Life Insurance to 51 per cent from 74 per cent. Japan's Nippon Life Insurance plans to acquire another 23 per cent stake in......
Close to 21.5 per cent of this will be sold to Japan’s Nippon Life, which will then become the sole promoter of the fund house. Anil Ambani-led Reliance Capital will sell up to 6.3 per cent......
The key assets put on the block include its entire stake in Reliance General Insurance Company, the third-largest private sector insurer, and a 49 per cent stake in Reliance Nippon Life Insurance,......
IndusInd International Holdings chairman Ashok Hinduja on Tuesday announced the acquisition of Reliance Capital, completing the three-year-long resolution process of the debt-ridden company.......
With Prime Minister Narendra Modi seeking greater investment flow from Japan into India, financial services giant Nippon Life on Monday announced two dedicated funds in partnership with Anil......