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Reliance Commercial Finance

Mumbai NBFC Authum gets lenders nod to buy Reliance Commercial Finance

Finance

Mumbai NBFC Authum gets lenders nod to buy Reliance Commercial Finance

Authum Investment and Infrastructure Ltd will acquire second Anil Ambani group firm Reliance Commercial Finance after lenders approved its resolution ......

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

General

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: ARCIL, others bid for Reliance Commercial Finance; Tatas' Air India bid soon

General

Grapevine: ARCIL, others bid for Reliance Commercial Finance; Tatas' Air India bid soon

Thirteen investors submitted bids for Reliance Commercial Finance, which is undergoing an insolvency process, after lenders led by Bank of ......

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

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 specify ......

Reliance Capital reports 194% rise in net profit

General

Reliance Capital reports 194% rise in net profit

Reliance Capital Ltd reported a consolidated 194 per cent increase in net profit to Rs 133 crore for the quarter ......