Profit

Nippon Life Insurance To Raise Stake In Reliance Capital-Owned Asset Manager To 75%

Reliance Capital and Nippon Life Insurance Co both own 42.88% stake each in Reliance Nippon.

 Share
EMAIL
PRINT
COMMENTS
Nippon Life Insurance To Raise Stake In Reliance Capital-Owned Asset Manager To 75%
Bengaluru: 

Reliance Nippon Life Asset Management Ltd said on Thursday its Japanese investor would increase its stake in the Mumbai-based asset manager to 75%.

Reliance Capital and Nippon Life Insurance Co both own 42.88% stake each in Reliance Nippon. Nippon Life will buy out most of Reliance Capital's stake with this deal, the asset manager said.



Get Breaking news, live coverage, and Latest News from India and around the world on NDTV.com. Catch all the Live TV action on NDTV 24x7 and NDTV India. Like us on Facebook or follow us on Twitter and Instagram for latest news and live news updates.

NDTV Beeps - your daily newsletter

................................ Advertisement ................................

................................ Advertisement ................................

................................ Advertisement ................................

Top