Anil Ambani
Finance
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...
Finance
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...
Finance
Reliance Capital to exit lending business, shares hit two-decade low
Indian financial services company Reliance Capital Ltd will exit the lending business, group Chairman Anil Ambani said on Monday,...
Infrastructure
R-Com's undersea cable unit files for bankruptcy in US
Global Cloud Xchange (GCX), an arm of Anil Ambani-owned debt-laden Reliance Communications Ltd, has voluntarily filed for bankruptcy...
General
Grapevine: InCred, others circle Reliance Wealth Management; Tencent may back KhataBook
Investors including non-banking financial company InCred Finance are eyeing a possible bid for Anil Ambani’s Reliance Wealth...
General
Grapevine: Paytm eyes Yes Bank stake; Vogo, Bounce seek fresh funding
Mobile payments company Paytm's owner, One97 Communications Ltd, is in preliminary discussions to pick up a stake in private-sector...
General
Grapevine: Glenmark may sell API biz stake to Premji; PE firms circle Reliance Group's HQ
Glenmark Pharma is seeking to sell up to 30% stake in Glenmark Life Sciences to PremjiInvest, the family office of ......
General
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...
TMT
Reliance Jio, Airtel keen on physical assets of bankrupt RCom
Anil Ambani-led Reliance Communications (RCom) has found potential buyers in Bharti Airtel and brother Mukesh's Reliance Jio...
Finance
In charts: The big Indian business houses that have virtually crumbled
For the past several months, Dewan Housing Finance Corp Ltd has been struggling to survive. The Kapil Wadhawan-led company reported...