Reliance Capital

Regulator IRDA Cancels Pledge Enforcement Of Reliance General Insurance Shares

Business | Indo-Asian News Service | Sunday December 29, 2019

IRDA said that the enforcement of pledge is null and void and not in accordance with law. The insurance regulator said its prior approval was not taken for the transfer.

Delhi High Court Halts Asset Sale Of Reliance Capital

Business | ANI | Thursday November 21, 2019

"The court has passed an order placing restrictions on any sale, disposal or creation of any encumbrance on any assets of the company, which inter-alia include the company's 4.28 per cent shareholding in Reliance Nippon Life Asset Management Ltd, till December 16," Reliance Capital informed stock exchanges in regulatory filings.

Anil Ambani Says Group Will Pay Another $2.1 Billion Debt By March

Business | PR Sanjai and Rahul Satija | Monday September 30, 2019

Anil Ambani, 60, is struggling to save the remnants of his telecommunications-to-infrastructure empire from collapse. In June, Reliance Group said it repaid Rs 35,000 crore in the previous 14 months through asset disposals, excluding Reliance Communications.

Reliance Capital Repays Debt Of Rs 72.65 Crore; Shares Hit New Record Low

Business | Written by Abhishek Vasudev | Monday September 30, 2019

Reliance Capital shares have so far this year nosedived 89 per cent compared with nearly 7 per cent gain in the Sensex.

Anil Ambani-Led Reliance Home Finance Debt Instruments Downgraded By CARE

Business | ANI | Saturday September 14, 2019

Reliance Home Finance has been directed by lenders led by the lead bank to keep servicing only the interest obligation across all lenders.

US-China Trade War, Macro Data To Guide Market Trend: Experts

Business | Indo-Asian News Service | Sunday August 11, 2019

Companies like Coal India, ONGC, Sun Pharma, Reliance Capital and Suzlon Energy are also expected to announce their quarterly results.

RBI Closely Monitoring 50 Shadow Banks For Signs Of Contagion

Business | Siddhartha Singh, Anirban Nag and Unni Krishnan, Bloomberg | Monday July 22, 2019

In its latest Financial Stability Report, the Reserve Bank of India warned that any failure among the largest of the non-bank finance companies or housing finance firms could cause losses comparable to a major bank collapse.

Anil Ambani Plans Rs 21,700-Crore Asset Sales To Cut Massive Debt: Report

Business | Anurag Joshi, PR Sanjai and Bhuma Shrivastava, Bloomberg | Thursday July 11, 2019

Reliance Infrastructureis seeking Rs 9,000 crorefrom the sale of nine road projects

Reliance Capital Redeems Commercial Paper Worth Rs 875 Crore

Business | Indo-Asian News Service | Friday June 21, 2019

The company also said that credit rating agency ICRA has revised the ratings on its short-term debt programme of Rs 950 crore to A4 on April 26, 2019.

Reliance Capital Says PWC Observations "Baseless, Unjustified"

Business | Indo-Asian News Service | Thursday June 13, 2019

Reliance Capital said it was confident that the independent report of the continuing auditor will establish that there are no irregularities

Reliance Capital Shares Tumble After Auditor Resigns

Business | Thomson Reuters | Wednesday June 12, 2019

Reliance Capital is an NBFC owned by Anil Ambani, a business tycoon who has struggled with burgeoning debt in many of his group companies lately

Price Waterhouse Quits As Auditor Of Anil Ambani's Reliance Capital

Business | Rahul Satija, Bloomberg | Wednesday June 12, 2019

The development adds to the mounting list of woes faced by Anil Ambani as he struggles to meet the companies' loan repayments.

What Anil Ambani Is Looking To Sell Next: Report

Business | Baiju Kalesh and PR Sanjai, Bloomberg | Friday May 31, 2019

Reliance Capital Ltd., controlled by Mr Ambani, is discussing the contours of a deal to sell Mumbai-based Reliance General Insurance.

Anil Ambani In Talks To Sell Radio Unit For Rs 1,200 Crore: Report

Business | PR Sanjai, Bloomberg | Monday May 27, 2019

The planned exit from the radio business is part of efforts by Anil Ambani, 59, to cut wider group liabilities after a debt-fueled expansion in the past decade strained finances, while a subsequent government crackdown on bad loans led to the collapse of his wireless phone-services unit.

Nippon Life Insurance To Raise Stake In Reliance Capital-Owned Asset Manager To 75%

Business | Thomson Reuters | Thursday May 23, 2019

Reliance Capital and Nippon Life Insurance Co both own 42.88% stake each in Reliance Nippon. Nippon Life will buy out most of Reliance Capital's stake with this deal, the asset manager said.