Torrent group to make Rs 2,900-cr bid for Reliance Nippon Life Insurance

Ahmedabad-based Torrent group is planning to make an offer for Reliance Nippon Life Insurance Company (RNLIC), a 51:49 joint venture between Reliance Capital (RCap) and Nippon Life of Japan.......

Nippon Life to buy 26% Reliance Life pie for $680m

Japanese insurance firm Nippon Life Insurance Company will acquire a 26 per cent stake in Reliance Life Insurance for $680 million. "Nippon Life Insurance will invest an aggregate value of Rs 3,062......

Hindujas' RCap buy faces further delay

Mauritius-based IndusInd International Holdings and other Hinduja group entities are expected to make payments worth Rs 9,661 crore for the acquisition of bankrupt Reliance Capital (RCap) only......

Hinduja group firm gets conditional nod to acquire RCap

Insurance sector regulator IRDAI has given conditional approval to Hinduja Group firm IndusInd International Holdings Ltd (IIHL) for the takeover of debt-ridden Reliance Capital. Photograph: Kind......

Olympics: USA's Torres dedicates win to immigrant parents

'My mom and dad were like, 'You see, Ariel, don't let money stop you. You find a way, we find a way, and that sacrifice will be the difference between you and other people'.' IMAGE: USA's Ariel......