Profit

IRDA all set to clear Rel Life-Nippon deal

PUBLISHED ON: April 8, 2011 | Duration: 1 min, 39 sec

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India's largest foreign direct investment in insurance may soon get the go ahead. Sources tell NDTV that the Insurance Regulatory and Development Authority (IRDA) is close to clearing the Reliance Life Insurance’s 26 per cent stake sale to Japan-based Nippon Insurance.
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