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Financial Bids for Reliance Capital to be submitted on Monday

Financial Bids for Reliance Capital to be submitted on Monday

🕔06:56, 29.Aug 2022

Mumbai, Aug 29 (IANS) The bidders for Reliance Capital assets have to submit their financial bids by August 29 (Monday), as the final deadline for the submission of bids ends tomorrow. The bidders will submit their final non binding indicative bids

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Reliance Capital welcomes RBI move to resolve company’s debt in accordance with IBC Code

Reliance Capital welcomes RBI move to resolve company’s debt in accordance with IBC Code

🕔16:13, 30.Nov 2021

Mumbai, Nov 30 (IANS) Reliance Capital Limited has welcomed the Reserve Bank of India’s (RBI) move to resolve the Company’s debt in accordance with the IBC Code. The Company will cooperate fully with the Administrator appointed by the RBI for the

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SBI Life and Apollo join the race for RCap assets

SBI Life and Apollo join the race for RCap assets

🕔07:01, 23.Dec 2020

New Delhi, Dec 23  Reliance Capital’s (RCAP) expression of interest (EOI) for asset monetisation garnered mega response with 70 bids being received. SBI Life and Apollo are among the 10 new bidders who have submitted expressions of interest for Reliance

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Good response to OFS of stake in RNAM: Reliance Capital

Good response to OFS of stake in RNAM: Reliance Capital

🕔13:41, 28.May 2019

Mumbai, May 28 The Anil Ambani-led Reliance Capital on Tuesday said that the Offer for Sale (OFS) of its stake in Reliance Nippon Life Asset Management Ltd. (RNAM) had received an excellent response from investors. In a statement issued here,

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Reliance Capital pays back Rs 650 cr NCDs on due date

Reliance Capital pays back Rs 650 cr NCDs on due date

🕔06:38, 18.May 2019

Mumbai, May 18  The Anil Ambani-led Reliance Capital Ltd on Friday said it has repaid Rs 650 crore worth of non-convertible debentures (NCDs). In a brief statement issued here, Reliance Capital said: “Reliance Capital repays Rs 650 crore of NCDs

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Reliance Capital to cut debt by Rs 10K-12K crore soon

Reliance Capital to cut debt by Rs 10K-12K crore soon

🕔15:25, 7.Mar 2019

Mumbai, March 7 The Anil Ambani-led Reliance Capital Ltd on Thursday said it will reduce its debt by approximately Rs 10,000 to 12,000 crore in the next three-four months by monetising its stakes in group companies and non-core investments. In

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Reliance Securities Q1 total income up 51%

Reliance Securities Q1 total income up 51%

🕔15:46, 13.Jul 2017

Mumbai, July 13  Reliance Securities, the broking and distribution arm of Reliance Capital, on Thursday reported that its total income for the quarter ended June 30 increased by 51 per cent. According to the company, the first quarter (Q1) total

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Reliance Capital-Nippon deal gets fair trade regulator nod

Reliance Capital-Nippon deal gets fair trade regulator nod

🕔11:29, 3.Feb 2015

New Delhi, Feb 3  Fair trade watchdog Competition Commission of India Monday approved Japanese financial services major Nippon’s proposed deal to raise its stake in Reliance Mutual Fund to 49 per cent in multiple tranches. The proposed deal would “neither

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Japanese bank acquires Rs.371 crore stake in Reliance Capital

Japanese bank acquires Rs.371 crore stake in Reliance Capital

🕔11:52, 24.Jan 2015

Mumbai, Jan 24  The Japan-based Sumitomo Mitsui Trust Bank (SMTB) has acquired a minority stake in the Anil Ambani-led Reliance Capital Ltd (RCL) — part of the Reliance Group — for Rs.371 crore. “As part of the agreement, SMTB will

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Japan’s Sumitomo Mitsui bank in strategic pact with Reliance Capital

Japan’s Sumitomo Mitsui bank in strategic pact with Reliance Capital

🕔10:56, 26.Dec 2014

Mumbai, Dec 26  Sumitomo Mitsui Trust Bank, Japan’s fourth largest, has entered into a strategic pact with Anil Ambani-led Reliance Capital and will also pick a small stake in the Indian financial services firm, it was announced. The Japanese financial

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Reliance Capital to cut debt by Rs.700 crore with multiplexes sale

Reliance Capital to cut debt by Rs.700 crore with multiplexes sale

🕔12:10, 15.Dec 2014

Mumbai, Dec 15  Anil Ambani-led Reliance Capital Monday said it is selling its multiplex business to the hospitality-to-realty major Carnival Cinemas in a transaction that will reduce its overall debt by around Rs.700 crore. The deal will also catapult Carnival

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