Nippon Life to acquire 26% in Reliance Capital Asset Management

[IndiaInsurance]

Nippon Life Insurance Company today signed a memorandum of understanding (MoU) to acquire 26 per cent stake in Reliance Capital Asset Management (RCAM), the country’s second largest and most profi...

More... (http://www.thehindubusinessline.com/industry-and-economy/banking/article2814041.ece)