Nippon Life to pick up stake in Reliance MF?


Reliance Capital and its Japanese partner in life insurance, Nippon Life Insurance, will explore strategic tie-ups in finance, initially in the asset management and private equity businesses of the Indian group. Any strategic collaboration would boost Nippon Life’s presence in India, while giving Reliance Capital better access to capital and expertise, analysts said.
http://economictimes.indiatimes.com/personal-finance/insurance/insurance-news/reliance-capital-nippon-life-to-explore-broader-tie-up/articleshow/9825186.cms

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