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COSMEA FINANCIAL HOLDINGS
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,...22 Dec, 2022, 12.47 AM IST- 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...21 Dec, 2022, 12.53 AM IST
- 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...20 Dec, 2022, 10.55 PM IST
- 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...19 Dec, 2022, 06.48 AM IST
- 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 ...14 Dec, 2022, 06.11 AM IST
- 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...10 Dec, 2022, 01.06 AM IST
- 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...07 Dec, 2022, 06.14 AM IST
- 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...02 Dec, 2022, 05.31 AM IST
- 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 ...30 Nov, 2022, 04.54 AM IST
- 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...03 Sep, 2022, 01.24 PM IST
- 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...31 Aug, 2022, 04.49 AM IST
- 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...20 Jul, 2022, 11.03 AM IST
- 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...22 Feb, 2022, 03.05 PM IST
- 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...22 Feb, 2022, 06.36 AM IST
- Cosmea Financial forms JV with Orowealth; to foray into mutual fund08 Feb, 2022, 07.31 PM IST
- 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 ...30 Aug, 2021, 10.57 PM IST
- 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...30 Aug, 2021, 06.45 PM IST
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