Grapevine: Nippon Life may buy into IndusInd; Blackstone eyes seaplane operator

By Sreeja Biswas

  • 10 Mar 2025
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A signboard of IndusInd Bank outside a branch in New Delhi | Credit: Reuters/Anushree Fadnavis

Japanese company Nippon Life Insurance Co.’s India unit is looking to acquire a minority stake in private-sector lender IndusInd Bank Ltd, according to a media report.  Reliance Nippon Life Insurance Ltd may seek a stake of up to 9.9% in the Mumbai-listed bank, starting with an initial 4.9% stake, Bloomberg reported, ......

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