Anil Ambani’s Reliance Capital in recovery mode post RNAM’s stake sale

RNAM’s stake sale, monetisation of other assets to cut Reliance Capital’s debt by 70 pc The second offer for sale (OFS) announced by Reliance Capital to sell its 2.86 per cent shareholding in Reliance Nippon Life Asset Management (RNAM) has received an overwhelming response from investors, the Anil Ambani-led company said on Monday. Institutional and … Continue reading Anil Ambani’s Reliance Capital in recovery mode post RNAM’s stake sale