Nippon Life Insurance hikes stake in Reliance Life to 49 percent for Rs. 2,265 crore

Nippon Life Insurance hikes stake in Reliance Life to 49 percent for Rs. 2,265 crore In addition, the Japanese company has also committed an investment of Rs. 3,303 crore for acquiring 49 percent stake in Reliance Capital Asset Management, taking its total investment to Rs. 8,630 crore. “This additional investment represents not only the past … Nippon Life Insurance hikes stake in Reliance Life to 49 percent for Rs. 2,265 crore