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Reliance Capital
Business  /  Published 30.09.19

Reliance Capital to stop lending

Anil Ambani-led Reliance Capital Ltd (Rel Cap) will exit the lending business by December. This was disclosed by Ambani at the company’s annual general meeting (AGM) on Monday.“As part of the tra...
By Our Special Correspondent in Mumbai

Business  /  Published 03.03.20

Reliance Capital shares tank on default

Shares of Reliance Capital on Tuesday fell 3.72 per cent following a default in interest payment of Rs 5.47 crore to two lenders.On Monday, the Anil D Ambani firm had told the stock exchanges that it ...
By Our Special Correspondent in Mumbai

Business  /  Published 21.02.19

Anil Ambani set to exit mutual fund venture

The Anil D Ambani group is planning to exit the mutual fund business.Financial services firm Reliance Capital (RCap) on Thursday said it has invited partner Nippon Life Insurance to acquire its entire...
By Our Special Correspondent in Mumbai

Business  /  Published 09.02.19

Anil firms threaten legal action

The Anil D Ambani group on Saturday stepped up its fight against L&T Finance and Edelweiss over their move to invoke pledged shares and sell them in the open market.The boards of three firms from ...
By Our Special Correspondent in Mumbai

Business  /  Published 26.11.19

Insurer gives assurance

Reliance Nippon Life Insurance on Tuesday said its operations were unaffected by the problems faced by its Indian promoter — Anil Ambani-led Reliance Capital.“Our operation is ring fenced. We are ...
By A Staff Reporter in Calcutta

Business  /  Published 16.11.19

Anil out of R-Com

Anil Ambani has resigned as director of Reliance Communications (R-Com), the troubled telecom firm which came under his control following the split of the Reliance empire in 2005.In an announcement to...
By Our Special Correspondent in Mumbai

Business  /  Published 13.06.19

Reliance Capital trashes PwC

Anil Ambani firm Reliance Capital continued to defend its position on the resignation of its auditor PriceWaterhouseCoopers (PwC), saying the latter’s observations about its accounts were “complet...
By Our Special Correspondent in Mumbai

Business  /  Published 11.06.19

Anil allays debt fears

Anil Ambani on Tuesday said his group companies would meet all its future debt obligations as he envisaged the companies under him to have a capital-light structure with bare minimum liabilities after...
By Our Special Correspondent in Mumbai

Business  /  Published 25.04.20

HDFC picks up 6.43% in Reliance Cap

Mortgage lender HDFC on Saturday disclosed that it has acquired a 6.43 per cent stake in Reliance Capital by invoking pledged shares.These shares were acquired pursuant to an invocation of pledge by a...
By Our Special Correspondent in Mumbai

Business  /  Published 23.05.19

Reliance Capital exits mutual funds

Anil Ambani’s Reliance Capital is exiting the mutual funds business. The holding firm is selling its stake in Reliance Nippon Life Asset Management Ltd (RNAM) to its joint venture partner Nippon Lif...
By Our Special Correspondent in Mumbai


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