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View Full Version : RIL buys out Bharti from insurance JVs with AXA



IndiaInsurance
11th June 2011, 08:26 AM
Mukesh Ambani's Reliance Industries agreed to buy out Bharti Enterprises' stake in two insurance ventures with France's AXA for an undisclosed sum, completing the foundation to build a financial services empire which in a few years may compete with the likes of ICICI Bank.

More... (http://economictimes.indiatimes.com/personal-finance/insurance/insurance-news/ril-buys-out-bharti-from-insurance-jvs-with-axa/articleshow/8809612.cms)