At a point of time when Swiss Re came close to become a partner, it is believed that the entry of a larger financial base named Ergo will dim its chances to partner with Reliance Life.

Clearly, there is no end to the companies that want to partner with this R-ADAG backed company but Ergo - part of Munich Re which is Swiss Re's rival has been seeking an entry into the Indian market for a long time after it broke its ties with the Hero Honda Group, the largest player in the Indian two-wheeler industry.

It is believed that the attempt to partner with Reliance Life by the Swiss company is an effort to play smart in its Think global, act local philosophy which has turned as a saviour for many multinationals in the recessionary blues.

If the deal goes through, it will be beneficial for both the companies.

Moreover, Anil Ambani is also paving its way to make its presence felt in the Cement sector. It will not only help the Junior Ambani to leverage from its resources in Reliance Power but also will take the tycoon even higher on the global charts.