Aditya Birla Capital, Nippon Life initiate talks to merge life insurance JVs

Nippon Life, who is 49 per cent partner in Reliance Nippon Life Insurance Company (RNLIC), may consider a merger between Reliance Nippon Life and Birla Sun Life Insurance, a part of Aditya Birla Capital.

Reliance Capital suitors seek extension of up to 4 months for submission of binding bids

US-based asset management fund Advent has sought extension by 16 weeks, while Piramal Finance has sought additional time of 12 weeks, that is till December, sources said.

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Aditya Birla Capital, Nippon Life initiate talks to merge life insurance JVs

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