Reliance Capital in talks to sell 26% stake in general insurance business

Shares in Reliance Capital jumped 2.5 per cent after chairman Anil Ambani said the company is in talks to sell 26 per cent stake to strategic partners in its general insurance business. Mr Ambani also announced a special dividend for shareholders. The special dividend, to be considered by the company's board on September 10, is being given for completion of 25 years of his group's financial services arm Reliance Capital. Addr...