Page 7 - Reliance Capital

PwC auditor observations 'baseless and unjustified': Reliance Capital

In a letter to Reliance Capital, PwC said it felt compelled to withdraw from the audit of the company's fiscal year 2018/19 accounts after not receiving "satisfactory response"

Reliance Nippon OFS oversubscribed, debt-ridden RCap divests entire stake

Rcap is aiming to raise up to Rs 6,000 crore by divesting its entire stake in Reliance MF, in order to pare debt

Nippon Life, Reliance Capital sign deal for sale of mutual fund arm

Japanese company will hike holding in Reliance MF to 75% from 43%

CARE downgrades Reliance Capital bonds' rating from 'A' to 'BBB'

Company protests move, says it had repaid Rs 650 crore of NCDs due on May 17

Reliance Capital protests rating downgrade, says it'll cut 50% debt in FY19

Care Ratings cut the firm's long-term debt program to BBB from A and kept it on credit watch with developing implications

Reliance Capital repays Rs 650 crore of NCDs due on Friday

The disclosure comes at a time when Reliance Group companies and some others, are facing liquidity troubles

EPFO exposure to RCap at Rs 2,500 crore, LIC's Rs 3,900 crore: Report

Lenders will have to mark down their exposure, says Morgan Stanley report

Debt-ridden Reliance Capital ready to cede control in home finance

Blackstone, Carlyle, Brookfield, and Piramal group are in talks to buy a large stake in Reliance Home Finance (RHFL), according to sources

Liquidity woes make Reliance Capital risk-reward unfavourable for investors

Even if the situation could change for good, for investors, it raises questions whether RCap's non-banking businesses are the early victims of the liquidity squeeze post the IL&FS defaults

Reliance Capital dips 27% in three days on Brickwork, CARE rating downgrade

The stock slipped 11 per cent to Rs 135 on the BSE in early morning trade, plunging 27 per cent in past three trading sessions from level of Rs 184 on April 15, 2019.

Anil Ambani's Reliance Capital looks beyond Nippon Life for AMC stake

Global biggies explore higher offer than Nippon

Reliance Capital to cut its outstanding debt by Rs 12,000 cr in four months

Plan hinges on stake sale in MF arm to foreign partner, general insurance arm's IPO

Reliance Capital claims stake sale to halve its debt by Rs 12,000 cr soon

Reliance Nippon is valued at over Rs 5,000 crore and the sale of controlling stake is expected to be at a significant premium to market

Reliance Capital invites Nippon Life to buy 43% stake in its MF business

The proposal to divest its entire holding in the mutual fund arm comes at a time when the group is under severe stress due to its huge debt pile and pressure from lenders

Reliance Capital invites Nippon Life to buy its entire 42.88% stake in JV

Sources said the transaction could help clear around 40% of Reliance Capital's outstanding debt worth Rs 18,000 crore

Reliance Capital offers to sell stake in asset management JV to Nippon Life

As on December 31, 2018, Reliance Capital held 42.9 per cent stake in Reliance Nippon Life Asset Management Ltd

Reliance Capital raises long-term financing of Rs 40 bn through asset pool

Reliance Capital is engaged in businesses of asset management, insurance, commercial and home finance, and equities and commodities broking

Reliance Capital to exit all non-financial business in next 12-18 months

Reliance Capital is engaged in businesses of asset management, insurance, commercial and home finance and equities and commodities broking

Reliance Capital posts Rs 2.72 bn profit in Q1, total income at Rs 46.41 bn

The total assets of the company stood at Rs 870.41 billion, an increase of 7%

Reliance Capital appoints Anand Natarajan as Chief Operating Officer

Natarajan is a CA and has 3 decades of experience in consumer banking risk management, retail and wholesale banking operations