Searched for
COSMEA FINANCIAL HOLDINGS
Cosmea Financial Holdings receives Sebi approval to enter mutual fund businessCosmea is targeting assets under management (AUM) of Rs 15,000 crore within the next three years, focusing on technology-driven growth powe...
Qatar Group, Cosmea and a few others team up for general insurance venture"The JV has applied for a preliminary licence to the regulator and it will start with more than ₹300 crore of initial investment," said a s...
RBI rejects three applications for small finance bank licencesThe rejected applicants are Akhil Kumar Gupta; Cosmea Financial Holdings, which is promoted by former Reliance Capital managing director Sa...
At Rs 8,640 crore, Torrent highest bidder for Reliance CapitalHinduja Group made the second-highest offer, of Rs 8,110 crore, for the core investment company that houses 20 financial services entities,...
Piramal partner Cosmea exits race to acquire R-CapitalEffectively, it would be difficult for Piramal Enterprises now to participate in the auction process scheduled Wednesday. This is mainly be...
Cosmea pulls out of race to acquire Reliance CapitalThe planned e-auction for RCL, as approved by the committee of creditors (CoC), is scheduled to be held on December 21, and the exit of the...
RCap threshold bid amount pegged at Rs 6,500 cr in 1st roundThe Piramal-Cosmea combine, the Hinduja Group, Torrent Investment and Oaktree Capital are expected to take part in the auction of Anil Amba...
Reliance Capital lenders raise bid floor priceThe threshold price is the minimum price that a resolution applicant must offer to participate in the first round of the challenge auction ...
Reliance Capital lenders vote to hold multiple rounds of auctionThe Reliance Capital's Committee of Creditors (COC) met on Friday and finalised the process and rules for conducting an e-auction for the b...
E-auction for RCap later this month; base bid at ₹5,231 croreThere will be multiple rounds of bidding among resolution applicants until the highest bidder is identified. The highest offer of ₹5,231 cr...
Best offer 60% below liquidation value, RCap lenders toldPiramal-Cosmea's ₹5,231-crore offer comprises Piramal acquiring Reliance General Insurance Company, a wholly owned subsidiary of Reliance C...
Piramal-Cosmea's ₹5,231-crore bid highest for RCap, unitsThe Piramal-Cosmea proposal involves Piramal offering to acquire only Reliance General Insurance Co, a wholly-owned subsidiary of Reliance ...
Cosmea offers Rs 4,500 crore bid for Reliance Capital and Rs 1,000 cr capital infusion planCosmea Financial has offered ₹4,500 crore and promised an additional capital infusion of ₹1,060 crore into the distressed financier. Advent...
Lenders receive 14 resolution proposals for Reliance CapitalThe administrator has verified claims of ₹23,666 crore from financial creditors; the highest is from Life Insurance Corporation of India, f...
Piramal, IndusInd, Oaktree and Cosmea mull bid for Reliance CapitalReliance Capital's administrator Nageshwara Rao Y has given potential applicants a choice to either bid for the entire company or submit pl...
Cosmea Financial launches Torus Private Wealth; targets USD 1 bn in AUMThe company targets an AUM of USD 1 billion in the next 3 years, with a focus on providing end-to-end financial solutions and strategic adv...
Sam Ghosh launches wealth management platform TorusSam Ghosh, former chief executive of Reliance Capital, is looking to expand his financial services business. After applying for a small fin...
Cosmea Financial forms JV with Orowealth; to foray into mutual fund
Former Reliance Capital CEO Sam Ghosh plans to set up a small finance bankCosmea aims to involve in activities auxiliary to financial intermediation, except insurance and pension funding. Directors of the company ...
Tally Solutions seeks small finance banking licenseRBI's central board director Revathy Iyer, former executive director B Mahapatra, former Canara Bank chairman TN Manoharan, former State Ba...