Anil Ambani and his son Jai Anmol Ambani during the Reliance Capital AGM in Mumbai (Photographer: Shashank Parade/PTI)

Beleaguered Anil Ambani Group to Sell Mutual Fund to Nippon Life

(Bloomberg) -- India’s debt-ridden Anil Ambani group will exit the asset management business by selling shares in its joint venture to Japanese partner Nippon Life Insurance Co., which will take a ...

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