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Reliance Home Finance

Authum Investment emerges as highest bidder for stressed Reliance Home Finance

Finance

21 June, 2021

Authum Investment emerges as highest bidder for stressed Reliance Home Finance

Mumbai-based non-bank lender Authum Investment and Infrastructure has emerged as the highest bidder for debt-laden Reliance Home Finance.  Authum’s Rs 2,911 ......

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Ares SSG-backed ARC set to lose bid for stressed home finance firm

Finance

16 June, 2021

Ares SSG-backed ARC set to lose bid for stressed home finance firm

An Ares SSG-backed asset reconstruction company (ARC) is set to lose a potential bid to acquire assets of large debt-laden ......

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Reliance Home Finance gets only two binding bids from six suitors

Finance

21 December, 2020

Reliance Home Finance gets only two binding bids from six suitors

Of the six entities that are in fray for debt-laden Reliance Home Finance Ltd, only two have submitted binding bids, ......

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PE-backed ARC among bidders for Anil Ambani's home finance arm

Finance

17 December, 2020

PE-backed ARC among bidders for Anil Ambani's home finance arm

Four asset reconstruction companies (ARCs) and a non-banking finance company have submitted bids for Reliance Group’s (formerly Anil Dhirubhai Ambani ......

Grapevine: Tatas to buy Bigbasket for $1.3 bn; RCap creditors get bids for stake sale

General

02 December, 2020

Grapevine: Tatas to buy Bigbasket for $1.3 bn; RCap creditors get bids for stake sale

The Tata group, after five months of negotiations, has agreed on the deal structure to buy about 80% stake in ......

Grapevine: Alibaba to list terms for Zomato funding; SoftBank may invest in Meesho

General

12 August, 2019

Grapevine: Alibaba to list terms for Zomato funding; SoftBank may invest in Meesho

Chinese e-commerce giant Alibaba's fintech affiliate Ant Financial, which is a key shareholder in Zomato Media Pvt. Ltd, may specify ......