Page 5 - Reliance Capital

Reliance Commercial Finance lenders approve debt-resolution plan

The lenders of the Reliance Commercial Finance have approved the resolution plan for the company and have selected Authum Investment and Infrastructure Ltd as the successful bidder

Lenders select Authum Investment's Rs 2,900 cr bid for Reliance Home Fin

The resolution will help parent company Reliance Capital Ltd prune its debt by 25 per cent to Rs 11,200 crore

NAM India Q3 PAT surges 42% at Rs 212 crore; total income up 11%

Nippon Life India Asset Management (NAM India) on Wednesday reported a 42 per cent jump in profit after tax at Rs 212 crore for three months ended December 31, 2020.

Reliance Capital's total outstanding debt rises to Rs 20,380 crore

Reliance Capital Ltd (RCL), part of Anil Ambani-promoted Reliance Group, has said the total outstanding debt rose to Rs 20,379.71 at the end of December 2020

Top headlines: Stalemate continues over three farm laws, IT shares rally

Business Standard brings you top news of the evening

Reliance Capital raises objection to PFL stake sale by Credit Suisse

Reliance Mediaworks Financial Services Private Limited, an RCAP Group company, is one of the investors in PFL - promoted by Naresh Malhotra and Namit Malhotra.

Anil Ambani's Reliance Capital gets 10 more bids for subsidiaries

Earlier this month, the Committee of Debenture Holders had extended the last date for submission of expression of interest (EoI) to December 17, 2020

Sebi imposes Rs 1 lakh fine on Reliance Capital for regulatory violations

As per the regulations, depository participants are restricted from delegating their function to any other person, without the prior approval of the depository

'Reliance Capital's EOI for asset monetisation receives 60 bids'

Reliance Capital's expression of interest for asset monetisation garnered mega response with 60 bids being received

60 companies submit bids for Reliance Capital's asset monetisation

Oaktree, JC Flowers, 6 others submit EoIs for entire company

Banks expecting good response as bidders to decide RCap's fate today

Bidders have the option to either buy the entire company or bid for the company's individual assets.

Reliance Capital net loss widens multi-fold to Rs 2,577 cr in Sept quarter

The company had posted a net loss of Rs 96 crore in the quarter ended September a year ago

Lenders seek EoIs for Reliance Capital stake in insurance biz, other assets

December 1 deadline for submitting EoIs; bids also invited for its MF assets where RCap holds 49% stake

Nabard clean chit to Reliance Commercial Finance, sees no fraud in GT audit

Nabard had classified the account of RCFL as "red flag" in February this year, which led to a detailed forensic audit of the company's books, delaying its sale.

How consolidation is sweeping through fast-growing online pharmacy sector

Reliance swoops on Netmeds; sector expected to hit revenues of over $3.6 bn by 2022

Reliance Capital reports widening of standalone net loss to Rs 387 cr in Q1

The Anil Ambani-controlled firm had posted a net loss of Rs 116 crore in the same quarter of the previous financial year

RCap debt servicing to be delayed due to rating downgrade by CARE in 2019

CARE had downgraded RCap's long-term debt programme, market-linked debentures and subordinated debt due to delay in payment of interest

Early-bird results: 7-day Covid-19 lockdown in March affected India Inc

Combined profit before tax of 81 firms down 37.5% y-o-y, worst show in at least 3 years

HDFC invokes pledged shares to acquire 6.43% stake in Reliance Capital

These shares were acquired pursuant to invocation of pledge by security trustee on behalf of the corporation, which was pledged against a loan given by the lender in its normal course of business

Anil Ambani's Rel Home Finance defaulted on Rs 40 cr loan repayment in Feb

The company has cash on hand of approximately Rs 700 crore in the form of investment in liquid mutual fund