PDA

View Full Version : Govt to relax equity dilution norms for insurance firms



IndiaInsurance
25th August 2011, 03:24 PM
The government is likely to soon relax the norms for dilution of stake by Indian promoters of insurance companies, a move that will pave the way for Reliance Life to sell a 26 per cent stake to Nippon of Japan.

More... (http://economictimes.indiatimes.com/personal-finance/insurance/insurance-news/govt-to-relax-equity-dilution-norms-for-insurance-firms/articleshow/9733111.cms)