Reliance Group moves NCLT to restrain IIHL from using 'Reliance' brand nameAnil Dhirubhai Ambani Ventures Pvt Ltd (ADAVPL) sought NCLT's intervention to stop IIHL from using the 'Reliance' brand upon implementing R...
Hinduja Group ready to pay Rs 2,750 crore now for Reliance Capital resolution, files intervention application before NCLTIn an email communication from IIHL’s CEO, Moses John, to RCap administrator Nageswara Rao, IIHL emphasized the need to complete multiple a...
IRDAI seeks more details from IIHL to approve deal for Reliance Capital's insurance businessDated March 20, the letter by the Insurance Regulatory and Development Authority of India (IRDAI) was in response to a request by administr...
NCLT clears IndusInd International's Rs 9,650 crore bid for RCap; lenders to take 63 pc haircutIndusInd International Holdings had submitted its plan in June 2023 in the second round of bidding for the debt-laden company that was orig...
Irdai rejection raises more questions for Hinduja-led IIHL on source of funds for RCAP acquisitionThe Administrator of debt-ridden Reliance Capital (RCAP) has raised concerns about the source of funds and business plan with IndusInd Inte...
Hinduja Group firm receives RCAP lenders' support in round 2Lenders of debt-ridden Reliance Capital Limited (RCAP) are expected to recover upfront cash of Rs 9,661 crore from Hinduja Group firm Indus...
Independent valuers give Rs 13,000 crore liquidation value for Reliance CapitalAs per the valuation report by Duff and Phelps, the liquidation value of Reliance Capital is estimated at Rs 12,500 crore, while the liquid...
Reliance Capital to be divided into four entities? New proposal surprises manyAs per sources cited by PTI, the sole objective of restructuring is to "help the bidders of RCAP's insurance businesses circumvent the IRDA...
Deadline to submit Reliance Capital resolution plans likely to be extendedRCap had initially received 54 expressions of interest (EOIs) from different companies for its multiple assets. Out of the 54 Prospective R...
For bondholders of Reliance Capital, only half recovery likelyLarge institutional investors, including LIC and Employee Provident Fund Organisation (EPFO), collectively own about ₹6,000 crore of RCap b...
Reliance Capital raises objection to PFL stake sale by Credit SuisseAnil Ambani's Reliance Group company Reliance Capital termed the proposed transaction as a blatant abuse of the purported rights by Credit ...
Debt servicing to be delayed due to rating downgrade by CARE last year: RCapCARE had downgraded RCap's long-term debt programme, market linked debentures and subordinated debt due to delay in payment of interest.
Reliance Securities to buy out its broking unit from RCapReliance Securities is 100 per cent subsidiary of Reliance Capital.
Debt investors dump Reliance Capital bonds on repayment doubtsThe situation is really bad for the credit side, according to another executive.
FIIs buy shares worth Rs 450 crore in Reliance CapitalSMTB had purchased the stake in Reliance Capital (RCAP) when it had applied for banking license.
- ADAG's RCAP exits Mukesh-led RIL; sells Rs 130 cr worth shares
Anil Ambani group firm Reliance Capital has exited Mukesh Ambani-led Reliance Industries by offloading an investment worth Rs 129.88 crore ...
- Reliance Capital gets NHB nod for housing finance company
To begin with R-Cap will focus on giving housing loans in metros and as business grows, it will go to smaller cities. Home loan: Some docum...