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  RBI clears resolution plan for debt-ridden Reliance Capital

  Business | November 18, 2023 14:17 IST

  The Reserve Bank of India (RBI) on November 29, 2021, superseded the board of Reliance Capital in view of payment defaults and serious governance issues.

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  Reliance Capital auction: Hinduja Group firm emerges highest bidder with Rs 9,650 cr offer

  Business | April 27, 2023 12:32 IST

  Reliance Capital auction: The bid by IndusInd International Holdings Ltd (IIHL) is higher than Rs 8,640 crore offer made by Torrent Investments in the first round of auction held in December last year.

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  Reliance Capital resolution process completion deadline extended to July 16

  Business | April 18, 2023 15:11 IST

  Reliance Capital News: The bidders have asked the Reliance Capital lenders to ensure that the resolution plans should be in compliance to the Insolvency and Bankruptcy Code (IBC) and Request for Resolution Plan (RFRP).

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  Reliance Capital lenders to propose a second auction on January 19

  Business | January 11, 2023 16:40 IST

  Payments made by the bidders cannot be made in the form of instruments that are subject to change, either in terms of payment amount or date.

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  Reliance Capital: Deadline for bids for subsidiaries extended till Dec 17

  Business | December 07, 2020 22:36 IST

  Reliance Capital Ltd (RCL), part of debt-ridden Anil Ambani-promoted Reliance Group, on Monday said the Committee of Debenture Holders has extended the deadline for submission of bids for the company's subsidiaries to December 17.

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  Reliance Capital begins asset monetisation process

  Business | September 21, 2020 20:27 IST

  Anil Ambani-led Reliance Capital, which recently defaulted on repayments to its debenture holders and other creditors, has begun the process for monetisation of its assets, market sources said.  

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  HDFC acquires 6.43 per cent stake in Reliance Capital

  Business | April 25, 2020 14:54 IST

  Mortgage lender HDFC on Saturday said it has acquired 6.43 per cent stake in debt-trapped Reliance Capital by invoking pledged shares.

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  Reliance Home Finance defaulted on loan repayment of Rs 40 crore in Feb: Regulatory filing

  Business | March 10, 2020 23:36 IST

  The Anil Ambani-controlled Reliance Capital group firm Reliance Home Finance has defaulted on loan repayment of Rs 40.08 crore in February, it said in a regulatory filing on Tuesday. 

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  Reliance Capital Pension's registration under NPS cancelled

  Business | November 19, 2019 12:56 IST

  "This is to inform to the general public that based on the request received from Reliance Capital Pension Fund Ltd, the certificate of registration granted to Reliance Capital Pension Fund Ltd has been cancelled by the Authority and the pension fund is no longer available for subscription under NPS," PFRDA said.

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  Reliance Capital concludes 21.54 pc stake sale in RNAM for Rs 3,030 cr

  Business | September 28, 2019 16:27 IST

  Reliance Capital has announced the completion of 21.54 per cent stake sale in its mutual fund arm RNAM to joint venture partner Japan's Nippon Life Insurance for Rs 3,030 crore.

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  Reliance Capital to sell 3.15% stake in Reliance Nippon to raise over Rs 505 crore

  Business | September 09, 2019 22:51 IST

  Reliance Capital will sell up to 1.93 crore shares, representing 3.15 per cent equity, in Reliance Nippon Life Asset Management (RNAM) for over Rs 505 crore on stock exchanges through 'Offer for Sale' route on Wednesday and Thursday.

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  PWC observations baseless, unjustified: Reliance Capital

  Business | June 13, 2019 14:59 IST

  In a statement issued here, the company said: "PWC's observations are completely baseless and unjustified. PWC has acted prematurely without even statutory discussions with the Audit Committee."

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  Anmol Ambani at 31st Reliance Capital AGM: 'Together we are digital, disruptive, dreamers'

  Business | September 26, 2017 17:20 IST

  Anmol Ambani on Tuesday addressed shareholders at 31st annual general meeting (AGM) of Reliance Capital, the financial services arm of the Anil Ambani-led Group.

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  Reliance Capital to launch standalone health insurance arm

  Business | September 26, 2017 17:13 IST

  Reliance Capital already offers health insurance products and the move to have a standalone offering is to increase retail presence in the already cluttered mediclaim segment.

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  Reliance Capital sells 1 pc Paytm stake to Alibaba at Rs 275 crore

  March 07, 2017 13:53 IST

  Reliance Capital had picked up the stake in One97 Communications, the parent company of Paytm, for Rs 10 crore

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  'Anmol Effect': Anil Ambani says his son has brought tremendous luck to Reliance Capital

  September 27, 2016 14:19 IST

  Relaince Capital chairman on Tuesday introduced his son Anmol to the company's shareholders as a newly-inducted director on the board and said he has already brought "tremendous luck" to the financial services firm. "Anmol has

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  Reliance Capital to buy Goldman Sachs' Indian funds arm

  October 21, 2015 12:39 IST

  Mumbai: Reliance Capital, a part of the Anil Ambani-led group, on Wednesday said it is acquiring Goldman Sachs Asset Management's onshore business in India like mutual funds and exchange-traded funds for Rs.243 crore ($37.5 million)

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  Reliance Capital Q3 net profit up by 28 percent

  February 12, 2015 16:36 IST

  Mumbai: financial conglomerate Reliance Capital Ltd posted a Rs.213 crore net profit for the third quarter up from Rs.166 crore posted in the corresponding period of the previous fiscal.In a statement issued here, the company

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  Reliance Capital expects turnaround in insurance business in 2015

  January 04, 2015 16:34 IST

  Mumbai: Confident about further growth in its mutual fund and securities market businesses, financial sector conglomerate Reliance Capital expects a turnaround in its life insurance business as well in 2015.Besides, the group should record faster

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  Reliance Capital to sell Yatra.com stake for Rs 500 cr

  December 10, 2014 16:10 IST

  New Delhi: Looking to cash in on e-commerce boom, Reliance Capital is all set to sell its 16 per cent stake in leading travel portal Yatra.com for an estimated Rs 500 crore and is in