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Reliance Life plans IPO

Last Updated 11 July 2010, 15:27 IST

The private sector insurance company is talking toforeign players to sell a 10 to 15 per cent stake, Reliance Life President and Executive Director Malay Ghosh told PTI.

“Ideally, it would be 10-15 per cent strategic divestment and remaining 10 per cent through IPO,” Ghosh said.

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(Published 11 July 2010, 15:27 IST)

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