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Ten more join long queue for assets of debt-laden Reliance Capital

Finance

22 December, 2020

Ten more join long queue for assets of debt-laden Reliance Capital

US-based alternative asset manager Apollo Global Management Inc and SBI Life Insurance Company Ltd are among the new 10 bidders ......

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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 ......

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Reliance Infratel lenders to take 90% haircut as Jio set to take control

TMT

07 December, 2020

Reliance Infratel lenders to take 90% haircut as Jio set to take control

Reliance Infratel Ltd’s financial creditors will take a haircut of as much as 90% on their loans under a court-approved ......

Reliance Jio gets NCLT nod to buy Anil Ambani's debt-laden tower firm

TMT

03 December, 2020

Reliance Jio gets NCLT nod to buy Anil Ambani's debt-laden tower firm

The bankruptcy tribunal has approved billionaire Mukesh Ambani-led Reliance Jio’s plan to acquire younger brother Anil Ambani’s debt-laden Reliance Infratel ......

PE firms, ARCs queue up for Reliance Capital's assets

Finance

03 December, 2020

PE firms, ARCs queue up for Reliance Capital's assets

Blackstone, KKR, Bain Capital, JC Flowers and others have submitted Expressions of Interest (EOIs) for different assets of debt-laden Reliance ......

Delhi High Court halts insolvency proceedings against Anil Ambani

General

27 August, 2020

Delhi High Court halts insolvency proceedings against Anil Ambani

The Delhi High Court on Thursday halted insolvency proceedings against Reliance Group chairman Anil Ambani, the younger brother of India's ......

Grapevine: Torrent Power eyes R-Infra discoms; BNP Paribas Wealth Management India shuts

General

17 June, 2020

Grapevine: Torrent Power eyes R-Infra discoms; BNP Paribas Wealth Management India shuts

Anil Ambani’s Reliance Infrastructure has initiated negotiations with Torrent Power to sell its 51% stake each in its two Delhi ......

SBI puts Anil Ambani in dock for guarantee given on loans to his firms

Finance

12 June, 2020

SBI puts Anil Ambani in dock for guarantee given on loans to his firms

The country’s largest lender State Bank of India (SBI) has taken Anil Ambani to the bankruptcy tribunal for a personal ......

Grapevine: Google eyes stake in Vodafone Idea; lenders to sell Reliance General Insurance

General

28 May, 2020

Grapevine: Google eyes stake in Vodafone Idea; lenders to sell Reliance General Insurance

Tech giant Google is looking to buy a 5% stake in mobile-phone operator Vodafone Idea Ltd, a media report said. However, ......