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Reliance Group chairman Anil Ambani. The Rs 3,000 crore infusion from the Japanese company for the life insurance stake was used to repay debt and pump money into that business. As a result, Reliance Cap’s net debt to equity ratio fell to 1.56 at the end ...
May 21, 2012 at 12:19 | Source: Livemint.com
MUMBAI (Reuters) - Canada's Intact Insurance and German insurer HDI-Gerling International Holdings have emerged as top contenders to buy 26 percent stake in the non-life insurance business of Reliance Capital, the Mint reported on Friday.
May 25, 2012 at 03:25 | Source: MoneyControl.com
The stake sale in Reliance General is part of holding company Reliance Capital’s plan to reduce debt. The company has already repaid part of this with money received from Nippon Life Insurance Co. for stakes in Reliance Capital’s life insurance and ass ...
May 24, 2012 at 18:14 | Source: Livemint.com
MUMBAI -(Dow Jones)- Reliance Communications Ltd. (532712.BY) on Saturday reported a fourth-quarter net profit despite a decline in sales accentuating the impact of finance costs related to its purchase of third-generation bandwidth. India's ...
May 27, 2012 at 08:09 | Source: Smart Money
Reliance Communications, India's second-biggest mobile phone carrier by subscribers, said on Saturday its fourth-quarter profit nearly doubled - its first profit rise in 11 quarters - on sharply lower costs. Reliance Communications, controlled ...
May 27, 2012 at 04:12 | Source: MoneyControl.com
LONDON, May 18 (Reuters) - A scramble by savers to withdraw cash from banks as they fret about a Greek euro zone exit and the health of Spanish financial institutions may leave lenders even more reliant on the European Central Bank's cheap ...
May 18, 2012 at 13:06 | Source: Reuters UK
But with 800 billion euros of excess liquidity already sloshing around in the banking system, money market rates are unlikely to ... "We will probably see an increasing reliance on ECB funding from banks in Spain and Italy. Those without sufficient ECB ...
May 18, 2012 at 13:06 | Source: CNBC
Kent Reliance Building Society (KRBS ... Although this is not market-leading, it's suitable for someone who doesn't want to be continually switching money around in search of a better rate. However, if you want to access your money early you will incur ...
May 24, 2012 at 09:10 | Source: Moneywise Magazine
MUMBAI -(Dow Jones)- India's Reliance Industries Ltd. (500325.BY) has sought the federal government's approval to implement processes which will help it increase output at its natural gas block in the Krishna Godavari region, a senior official ...
May 26, 2012 at 20:56 | Source: Smart Money
It was more than an empty threat: the government said Reliance may not be able to recover the money it spent to develop an offshore gas field precisely because its gas production fell way short of expectations. The whopping $5.6 billion project ...
May 17, 2012 at 10:37 | Source: Wall Street Journal