With Burman's in the driving seat, fresh funds and a new name on cards for ReligareThe Burman family has officially taken over Religare Enterprises Ltd (REL) and plans to infuse ₹2,000 crore by subscribing to preferential ...
US investor Danny Gaekwad Developments & Investments seeks Sebi exemption for Religare takeoverDanny Gaekwad Developments & Investments has requested Sebi to allow a public announcement for competing offer against Burmans' open offer ...
Sensex falls! But these stocks are up over 15% on BSEIn the Nifty50 index, 22 stocks were trading in the green, while 28 stocks were in the red.
Stock market update: Stocks that hit 52-week lows on NSEHero MotoCorp, Divis Labs, BPCL, Infosys and TCS were among the top losers on NSE.
Religare Enterprises to create war chest for new business venturesThe Non-Banking Finance Company (NBFC) said it was going to enter new strategic sectors, including asset reconstruction, alternate investme...
Religare to sell NBFC arm to TCG Advisory for Rs 330 croreThe funds will be utilised to repay the outstanding loans to group companies.
New management works on reviving Religare EnterprisesREL said that as part of its revival plan, it has reduced overall borrowings of the group to Rs 5,852 crore from Rs 9,801 crore, as of Marc...
Home-grown PE firm True North acquires Religare Health Insurance for Rs 1,300 croreREL that owns 100 % stake in the venture will raise much needed fund to infuse fresh capital in the non-banking finance arm Religare Finves...
Religare to divest stake in its US-based investment firmsReligare Enterprises Limited (REL) has entered into a definitive agreement to divest its stake in Landmark Partners LLC, and certain of its...
Reliance Capital will exit non-core businesses in next 12-18 months: Sam Ghosh, CEO"We believe that if we continue focussing on traditional products, our retail customers won't be left to the vagaries of the capital market...
Rel Life doesn't need capital; Rel Capital to get Nippon deal proceeds: Sam Ghosh, Rel Capital"This is primarily a secondary sale. Reliance Life Insurance’s capital adequacy is at over 370%. It does not need capital for future growth...
- Religare Ent Q3 net loss at Rs 98.45 cr; to raise Rs 2,500 cr
In a separate filing to the BSE, REL said the company's board has approved fund raising of upto Rs 2,500 crore through issue of capital.
- Religare hikes stake in Vistaar Religare Capital
Delhi-based financial services firm Religare Enterprises Ltd (REL) has hiked its stake in Vistaar Religare Capital Advisors Ltd (VRCAL), fr...
- Rel Cap’s housing finance venture gets nod
Anil Ambani-promoted Reliance Capital (Rel Cap) has got the National Housing Bank (NHB) approval to set up a separate housing finance compa...
- Reliance Energy buys Rosa Power
Reliance Energy will now set up the Rosa thermal power project initially owned by the Aditya Birla group.
- Anadha Enterprise ups stake in REL, RCL
Anadha Enterprise Pvt Ltd, a company owned by Anil Ambani and his associates, has picked up 19.21 per cent stake in Reliance Energy Ltd, ta...
- REL-REVL amalgamation effective from Jul 17
Anil Dhirubhai Ambani group company Reliance Energy on Tuesday said the amalgamation of Reliance Energy Ventures Ltd with itself has become...