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Anil Ambani

NTPC keen to buy Reliance Group's Delhi power distribution units

Infrastructure

28 May, 2020

NTPC keen to buy Reliance Group's Delhi power distribution units

India’s largest electricity generator NTPC Ltd said it was interested in buying a majority stake in Reliance Group’s power distribution ......

Grapevine: Tatas, others join race for R-Infra Delhi discoms; Creador leads Shriji stake race

General

15 May, 2020

Grapevine: Tatas, others join race for R-Infra Delhi discoms; Creador leads Shriji stake race

Tata and Adani groups as well as power utility company CESC Ltd are aiming to join the race for 51% ......

Grapevine: PE funds in fray to buy Reliance's power distribution biz; Nippon eyes stake in IndusInd

General

12 May, 2020

Grapevine: PE funds in fray to buy Reliance's power distribution biz; Nippon eyes stake in IndusInd

A group of investors including Caisse de dépôt et placement du Québec (CDPQ), Actis LLP and Brookfield Asset Management have shown ......

Creditors okay Mukesh Ambani, UV ARC's resolution plans for R-Com, subsidiaries

TMT

05 March, 2020

Creditors okay Mukesh Ambani, UV ARC's resolution plans for R-Com, subsidiaries

A creditor panel led by the State Bank of India has okayed the bankruptcy resolution plans of Mukesh Ambani-owned Reliance ......

Grapevine: UV ARC, Jio top bidders for RCom assets; Advent, Kedaara eye Sequent

General

15 January, 2020

Grapevine: UV ARC, Jio top bidders for RCom assets; Advent, Kedaara eye Sequent

UV Asset Reconstruction Company Ltd has emerged as the highest bidder for Reliance Communications (RCom) and Reliance Telecom Ltd with ......

Regulator paves way for Reliance Capital to sell general insurance unit

Finance

30 December, 2019

Regulator paves way for Reliance Capital to sell general insurance unit

The insurance regulator has restored 100% shareholding of Reliance General Insurance Company Ltd to Reliance Capital Ltd by cancelling the ......

Premium
India's fourth-biggest private general insurer scraps IPO plan again

Finance

30 October, 2019

India's fourth-biggest private general insurer scraps IPO plan again

Anil Ambani-led Reliance General Insurance Company Ltd has withdrawn a proposal to float an initial public offering, ditching plans to ......

Grapevine: CDPQ to buy roads from GIP; KKR, others may bid for Emami cement unit

General

16 October, 2019

Grapevine: CDPQ to buy roads from GIP; KKR, others may bid for Emami cement unit

Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ) has agreed to buy road platform Highway Concessions One ......

Reliance Capital to exit securities broking business after management buyout

Finance

11 October, 2019

Reliance Capital to exit securities broking business after management buyout

Businessman Anil Ambani-led Reliance Capital Ltd said on Friday it has signed a pact to sell Reliance Securities Ltd’s broking ......

Premium
With renewed cleanup act, can Yes Bank attract ‘confidence capital' for revival?

Finance

10 October, 2019

With renewed cleanup act, can Yes Bank attract ‘confidence capital' for revival?

Yes Bank’s new management is busy firefighting the mid-sized private sector lender’s bad loan problems that stretch from tycoon Anil ......