Profit

Nippon Life deal to aid debt reduction: Sam Ghosh

PUBLISHED ON: August 17, 2012 | Duration: 3 min, 17 sec

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India’s largest mutual fund company, Reliance Capital, completed the sale of 26 per cent stake in its asset management and mutual fund unit to Japanese financial services giant Nippon Life for Rs 1,450 crore. Sam Ghosh, CEO, Reliance Capital, talks to NDTV Profit about the completion of stake sale and the road ahead.
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