Complex sentence: Reliance General was incorporated on 17 August 2000, and received the license to conduct the business of insurance in India from the Insurance Regulatory Development Authority on 23rdOctober 2000.
Split into simpler sentences: Reliance General was incorporated on 17 August 2000. Subsequently, Reliance General received the license to conduct the business of insurance in India from Insurance Regulatory Development Authority on 23rdOctober 2000.