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RCap to exit MF biz, sells RNAM stake to Nippon

The open offer price is at a 15.5 per cent premium to the stock's 60-day average price, in tune with the Sebi Takeover...

24 May 2019 2:22 AM IST

Stocks of Gujarat Government owned companies will also be in focus; they had rallied last time when BJP-led NDA came to power with Narendra Modi becoming Prime Minister.

Business

Politically sensitive stocks back in focus

IRB Infrastructure's Chairman and Managing Director Virendra D Mhaiskar, market believes, is close to Sharad Pawar.

13 May 2019 4:16 AM IST

$Anil Ambani-led Reliance Group on Wednesday said it has sent a Rs 1,000 crore defamation notice to Mumbai Congress president Sanjay Nirupam for making \false and baseless\ allegations against the company.$ Metros

Reliance slams Rahul Gandhi for crony capitalist' charge

Mr Gandhi had called Anil Ambani as allegedly a dishonest businessman.

6 May 2019 7:40 AM IST

Reliance Home Finance (RHFL), a subsidiary of Reliance Capital, has entered into exclusive discussions with an overseas institutional investor for a potential equity investment into the company. (Photo: Facebook)

Business

Reliance Home Finance extends maturity of NCDs by four months

Anil Ambani has seen his wealth erode in the past five years due to burgeoning debt at firms in his group.

29 Jun 2019 5:11 PM IST

The MSRDC had filed a special leave petition in the Apex Court to seek permission for erecting a casting yard for the construction of Versova Bandra Sea Link.

Business

Reliance Infrastructure bags Rs 7,000-cr Versova-Bandra Sea Link...

The company said Versova-Bandra Sea Link would cut down commute time of Mumbaikars from over 90 minutes to 10 minutes.

26 Jun 2019 12:15 PM IST

Business

Sebi, MCA probing PWC's resignation as auditor of RCap, Reliance Home...

PWC put in its resignation, with effect from June 11, 2019, citing unsatisfactory response to "certain observations

14 Jun 2019 8:56 AM IST

Business

Reliance Capital calls PWC's observations baseless, unjustified

The companies said they have also duly furnished all requisite and satisfactory details as required by PWC.

13 Jun 2019 11:52 AM IST

The company remains confident to be able to monetise some of these assets over the next two quarters and bring down the debt significantly, Reliance Capital said in a filing to stock exchanges. (Photo: Twitter)

Business

Reliance Capital, Reliance Home Finance shares tumble up to 7 pc

PWC has put in its resignation, with effect from June 11, citing unsatisfactory response to 'certain observations' made...

12 Jun 2019 5:29 PM IST

Business

PWC resigns as statutory auditor of Reliance Capital and Reliance Home...

Both Reliance Capital and Reliance Home Finance said they do not agree with the reasons given by PWC.

12 Jun 2019 11:55 AM IST

Business

Anil Ambani says committed to meet debt obligations

Reliance group has made debt payments of over Rs 35,000 crore in 14 months from April 2018 till May 2019, said Ambani.

11 Jun 2019 1:35 PM IST

RCom on Thursday had announced the completion of the sale of its media convergence nodes and related infrastructure assets to Jio.

Business

NCLAT dismisses contempt petition against Anil Ambani over RCom...

A bench headed by NCLAT Chairman Justice S J Mukhopadhaya, dismissed any contempt plea against Ambani and his officials.

23 July 2019 3:23 PM IST

Reliance Infrastructures (Rinfra) subsidiary DAMEPL on Friday moved the Delhi High Court seeking attachment of DMRCs bank accounts for not depositing 75 per cent of the over Rs 5,164 crore arbitral award, including interest, within the time given by the court.

Business

Now, debt-laden Anil Ambani plans to lease out Reliance Infra...

The company had said it would utilise the entire proceeds for debt reduction.

1 July 2019 5:43 PM IST