Lenders to troubled mortgage firm Reliance Home Finance (RHF) have extended the inter-creditor agreement (ICA) for another three months.
Reliance Home Finance, part of Anil Ambani-promoted Reliance G...
Debt-ridden firm Reliance Capital on Monday raised an objection to the proposed 33.12 per cent stake sale of Prime Focus Ltd (PFL) by Credit Suisse to PFL’s promoter group at Rs 44.15 per share....
Reliance Capital Ltd (RCL), part of the debt-ridden Anil Ambani-promoted Reliance Group, has received 10 more bids, including from SBI Life, for its subsidiaries, sources said.
Earlier this mon...
Six suitors, including Kotak Special Situations Fund (KSSF) and Asset Reconstruction Company (India) Limited (Arcil), have submitted bids for Reliance Home Finance, part of Anil Ambani-promoted Relian...
Reliance Capital, the Anil Ambani firm, has defaulted on interest payments on loans from HDFC and Axis Bank. In a regulatory filing to the stock exchanges on Monday, Reliance Capital said it could not...
Reliance Group chairman Anil Ambani has told a UK court that suggestions of his lavish tastes are speculative because his lifestyle is "very disciplined" as he gave evidence in a dispute inv...
The finance ministry has asked public sector banks to monitor cases where insolvency proceedings could be initiated against individuals who are guarantors of corporate debtors that have defaulted on l...
The National Company Law Tribunal (NCLT) on Friday set the stage for insolvency proceedings against Reliance Communications chairman Anil Ambani after it appointed a resolution professional to recover...
The Supreme Court’s direction to the Reliance Communications group on Wednesday to pay Ericsson a sum of Rs 453 crore within four weeks has led to the key question on how the group will garner the f...
In what should come as a relief to Anil Ambani, a UK high court has dismissed summary judgment applications filed by Chinese banks against the industrialist claiming $680 million.In a statement, a spo...