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RELIGARE FINVEST SALE
Won't back down, says Religare's Rashmi Saluja amid tiff with Burman family"I may have agreed that five years ago, I didn't have the experience, but after five years, three successful businesses, a company turnarou...- RFL PMLA case: ED attaches Rs 124-cr worth assetsEnforcement Directorate attached Rs 124 crore assets in money laundering probe on Religare Finvest Limited, including properties in Gurugra...
- Religare Enterprises denies issuing 8% stake of Religare Finvest to Chairman Rashmi Saluja"Subsequent to the passing of enabling special resolution by the shareholders of RFL with respect to 'Item No 5', RFL has not placed any pr...
- Religare Finvest issued Esops to Rashmi Saluja a day after Burmans' open offerThe award in the unlisted subsidiary ascribed its value in a band of Rs150-260 crore. Previously, proxy advisory firm InGovern had estimate...
- Amid allegations of securities law violations, Religare board backs chairperson Rashmi SalujaThe board praised Saluja's contributions in making Religare a debt-free organization in a period of five years and boosting its market capi...
- Religare Finvest lenders to move RBI for insolvencyUnder the Insolvency and Bankruptcy Code (IBC) framework, only the RBI can refer a finance company for insolvency proceedings. Lenders are ...
- IIFL Securities appoints Sandeep Bhardwaj as CEO of retail brokingBhardwaj was previously working with Angel Broking as the Chief Sales Officer where he spent over a decade managing sales, revenue, and wea...
- Mumbai-based U GRO Capital likely to buy Religare Finvest for Rs 400 croreThe sale was a part of the company’s debt resolution process. Religare Enterprise was originally promoted by Malvinder and Shivinder Singh ...
- Religare gets interest from some investors for RFL; introduces them to lendersAccording to banking sources, Religare Enterprises introduced a couple of investors for RFL to lenders in a meeting with bankers held recen...
- Religare Enterprises climbs 3% on Religare Finvest stake sale talksThe group is expecting to finalise a binding agreement with the investor by the end of the year, ET reported.
- Religare Finvest submits revised debt recast planThe earlier debt restructuring plan which was put in place and was actually signed off by more than 70% of my lenders and this gives me con...
- Religare hits 10% upper circuit on stake sale in Religare FinvestReligare Finvest reported total revenue of Rs 795.66 cr for FY19 and a net worth of Rs 946.85 cr.
- After Daiichi plea, SC stays religare finvest-initiated insolvency at 23 companiesReligare Finvest filed insolvency petitions in July last year on grounds that these companies had defaulted on loans of Rs 1,900 crore take...
- Billionaire Singh brothers accused in lawsuit of siphoning moneyThe case pulls back the curtain on one of India’s highest profile corporate meltdowns, which erased nearly half a billion dollars of Religa...
- Former GE Capital duo Pramod Bhasin and Anil Chawla may buy majority stake in Religare FinvestBhasin was the founder of Genpact and former chief executive of GE Capital India and Asia while Anil Chawla was the former head of GE Capit...
- Singh brothers, Malvinder and Shivinder, set to cede control in key businessesThe biggest sale will be that of Fortis Healthcare, for which a complex three pronged transaction is under discussion, said people aware of...
- Malvinder and Shivinder Singh in talks to sell Religare Finvest for Rs 6,000 croreWith a book value of around Rs 2,700-2,900 crore, Finvest is expected to be valued at Rs 5,500-6,000 crore, analysts said.
- Religare Finvest files FIR against Deccan Chronicle Holdings promotersReligare Finvest, which has loaned 100 cr to Deccan Chronicle Holdings, said it has filed an FIR against the promoters of the media group.
- Religare Finvest to raise Rs 800-cr from bond issueReligare Enterprises, on Monday said it will mobilise up to Rs 800 crore from a bond issue that opens from September 9-26.
- Religare skips race for StanChart AMCReligare Enterprises has decided to drop out of the race for Standard Chartered’s mutual fund business in India.
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