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Reliance Capital

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Tata AIG, ICICI Lombard join race for RCap's assets

Tata AIG, ICICI Lombard and Nippon Life have evinced interest for the profit-making insurance arm of Reliance Capital (RCap), joining several prominent financial companies from India and abroad in......

Jhunjhunwala the biggest draw as investors line up to board Akasa

Veterans in the travel industry, a well-known corporate lawyer, and a marquee US-based hedge fund have backed the upcoming low-cost airline Akasa Air. Founded by former Jet Airways chief executive......

NBFCs Are No Longer Shadow Banks

New norms are in place to strengthen regulations for this set of lenders which has been playing a critical role in Asia's third largest economy, notes Tamal Bandyopadhyay. Illustration: Dominic......

Reliance Infra: How this Anil Ambani firm plans to prune group debt by Mar

The Reserve Bank of India's action against Reliance Capital comes at a time when the Anil Ambani group was planning to make a comeback with the group company, Reliance Infrastructure, raising funds......

RBI initiates insolvency proceedings against Reliance Capital

The RBI on Thursday filed an application for initiation of Corporate Insolvency Resolution Process (CIRP) against debt-ridden Reliance Capital at the Mumbai bench of the National Company Law......

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