India's Q1 GDP grows at 13.5%: What does it mean? Will creditors lose out in RCap resolution? How long before the primary market revs up? What is Floor Area Ratio? All answers here
Monday was the last day for submission of bids for Reliance Capital assets sale after five deadline extensions. So, what is in the store for the lenders and other stakeholders, let us find out
Piramal, Zurich Insurance, Advent bid for general insurance arm
The Jhunjhunwala family holds stakes in the airline through three discretionary trusts
Lenders target to resolve debt worth Rs 50,333 crore by FY23
Stocks to Watch Today: Alok Textiles, Ganesh Corporation, Hiedelbergcement, Bank of Maharashtra and Nelco to announce Q1 results on Monday.
They are "insiders" and have access to crucial information, says Infrastructure Watchdog; meanwhile, last date if bond sale to be extended to July 22 as LIC finds no takers
As of now, only three bidders are actively engaged with the lenders for Reliance Capital RCAP resolution including Piramal, Yes Bank and IndusInd.
So far only eight out of 54 Prospective Resolution Applicants (PRAs) have engaged with lenders of the bankrupt firm.
Stocks to Watch Today: The primary market too is likely to be abuzz with activity with three IPOs namely - Delhivery, Prudent Corporate Advisory Services IPO and Venus Pipes IPO open for subscription.
An industry source says the Administrator appointed by RBI was not supporting all cash bids but CoC insisted on all cash offers from bidders
Lenders on Wednesday discussed a proposal for 90 days of extension to close the resolution process of debt-ridden Reliance Capital Ltd (RCL) promoted by the Anil Ambani Group, sources said
Adani Finserve, KKR, Piramal Finance and Poonawala Finance are among 14 prominent firms that have expressed interest to acquire Reliance Capital Ltd, promoted by Anil Ambani Group, sources said
The Delhi High Court on Tuesday said it will club together and hear all the pending petitions related to the Amazon and Future dispute in connection with the 2019 deal between the firms
Further consolidation seems likely, while telecom stocks may be in focus owing to the new DoT order on limiting SIMs per user
Reliance Capital on Tuesday said the National Company Law Tribunal (NCLT) has admitted the case of the company for the corporate insolvency procedure
The RBI had moved NCLT last week to initiate insolvency proceedings against the company.
Authum's plan to acquire Reliance Home Finance and RCFL awaits RBI nod
In a statement on its website, RBI said there would be an interim moratorium on and from the filing of the application till its admission or rejection by the NCLT
RBI, which superseded the Reliance Capital board on Monday, filed an applicated at NCLT, Mumbai