IndiaInsurance
25th July 2009, 05:00 PM
Reliance ADAG-owned Reliance Capital has approached the government to allow the company to publicly list its life insurance subsidiary, Reliance Life insurance. Speaking on the sidelines of the Assocham Insurance Conference, J Hari Narayan, Chairman, IRDA said the Insurance Act mandates that an insurance firm can list only after 10 years of operations but the government can relax the conditions.
More... (http://in.biz.yahoo.com/090725/32/baty1c.html)
More... (http://in.biz.yahoo.com/090725/32/baty1c.html)