Reliance Capital Lender to Vote on Hinduja Armed Resolution Plan from Today
Lenders of Reliance Capital (RCap) will begin voting on the resolution plan proposed by the Hinduja Group entity from Friday, June 9. The scheme offers...
Tag : Anil Ambani
Reliance Jio Acquires 100% Stake in Reliance Infratel for About Rs 3,720 Crore
Reliance Industries Limited said on December 22 that Reliance Projects and Property Management Services (RPPMSL), a subsidiary of Reliance Jio, has completed the acquisition of...
To Sort Debt, Ambani Plans to Sell $3.2 Bn worth Asset
In order to sort the huge debt, Indian tycoon Anil Ambani plans to raise about Rs 217 Bn by selling assets from roads to radio...
Reliance Home Finance Misses NCD Payment, Extends Maturity
An Anil Ambani led company, Reliance Home Finance missed payment worth Rs 400 crore towards maturing non-convertible debentures (NCDs) on Friday. However, on Saturday, it...
Reliance Infrastructure Reported Its biggest Quarterly Loss
It’s reported that Reliance Infrastructure Ltd. faced its largest-ever quarterly loss as it booked impairment and write-offs worth Rs 8,500 crore. The net loss stood...
Debt Is Digesting The Assets Of Anil Ambani Little By Little
Anil Ambani, a beleaguered Indian tycoon is on an asset sale spree to raise funds to meet scaling debt obligations. The fundraising by such sales...
Younger Ambani Sharing Talks To Sell General Insurer To Shadow Lender
Reliance Capital Ltd., supervised by Ambani, is in talks to shape a deal to sell Mumbai-based Reliance General Insurance to Hero FinCorp Limited. Negotiations are...
Jagran Music to Acquire Anil Ambani’s BIG FM For Rs.1,050 Crore
Reliance Group’s Reliance Capital and Reliance Land will divest the entire equity stake in Reliance Broadcast Network (RBNL) to Jagaran Prakashan-owned Music Broadcast (MBL). RBNL...
RCom's Bankruptcy Proceedings Begin; Next Hearing On May 30
The National Company Law Tribunal Thursday allowed Reliance Communications (RCom) to exclude the 357 days spent in litigation and admitted it for insolvency. RCom, which...