Torrent group to make Rs 2,900-cr bid for Reliance Nippon Life Insurance

Ahmedabad-based Torrent group is planning to make an offer for Reliance Nippon Life Insurance Company (RNLIC), a 51:49 joint venture between Reliance Capital (RCap) and Nippon Life of Japan.......

DHFL acquisition: Piramal Group pays Rs 34,250 cr to creditors

Piramal Enterprises (PEL) on Wednesday said it has completed the acquisition of Dewan Housing Finance (DHFL) by paying Rs 34,250 crore to creditors of the housing finance company. The company said......

Shutdown puts Rs 15-trillion debt at risk

Some of the top indebted companies likely to face financial headwinds in the coming quarters include NTPC, PowerGrid, Tata Steel, Adani Power, JSW Steel, UPL, and Steel Authority of India. More......

Meet India's 10 richest realty tycoons

Total wealth of top 100 Indians in the real estate sector stood at Rs 2,77,080 crore -- up 17 per cent against 2018. Illustration: Uttam Ghosh/Rediff.com Lodha Developers' M P Lodha and family has......