Nov 01, 2018 04:02 PM IST
The funds have been raised through securitisation of asset pool of the group's two firms -- Reliance Home Finance and Reliance Commercial Finance, they added.
- Oct 18, 2018 10:01 PM IST
Calling this move a "brazen attempt at harassment and intimidation", Suparna Singh, CEO of the NDTV group said the news channel will fight back.
- Oct 05, 2018 11:45 AM IST
In a regulatory filing on Friday, Reliance Capital said Reliance Health Insurance "has received R3 approval from the Insurance Regulatory and Development Authority of India (Irdai) for its new health insurance business".
- Sep 18, 2018 08:35 PM IST
He said the company is looking to list it's general insurance company, Reliance General Insurance, in the current financial year.
- Sep 18, 2018 03:34 PM IST
He said the company will continue to look at opportunities that will bring value and are growth accretive with strong, stable and conservative financial profile.
- Sep 18, 2018 02:28 PM IST
"As we have moved out of the mobile sector, we will monetise at an appropriate stage our enterprise business. Reliance Realty will be the engine of growth for the future of this company," Ambani said.
- Aug 30, 2018 09:36 PM IST
An aggressive Gandhi asked why the fighter jet was purchased at Rs 1,600 crore a piece, instead of Rs 520 crore finalised by the Congress-led UPA government.
- Aug 29, 2018 10:05 PM IST
Reliance Naval is the second firm from the Anil Ambani group to become NPAs after Reliance Communication that owes over Rs 45,000 crore to 31 banks apart from China Development Bank and is an NCLT case now.
- Aug 28, 2018 08:50 PM IST
The opposition party also dared the government to move the court against the allegations, saying it will be forced to reveal the details of the deal which it is hiding.
- Aug 26, 2018 08:30 PM IST
The Congress has lined up a series of events to take the issue to the people and 'expose' the Narendra Modi government ahead of next year's Parliamentary election
- Aug 25, 2018 08:48 PM IST
The suit was filed yesterday in the court of city civil and sessions judge P J Tamakuwala, who issued notices to the respondents and sought replies by September 7.
- Aug 20, 2018 07:12 PM IST
Ambani, who had first written to Gandhi on the issue in December, last week again wrote to him saying not a single component worth a single rupee is to be manufactured.
- Jul 12, 2018 06:46 PM IST
In a letter dated July 10, 2018 to telecom secretary Aruna Sundararajan, debt-ridden telecom firm Rcom referred to conditional approval given to Idea Cellular and Vodafone India to go ahead with their merger deal without insisting on any bank guarantee (BG) against pending one-time spectrum charges (OTSC) of Vodafone, the added.
- Apr 25, 2018 04:20 PM IST
The boards of directors of Reliance Nippon Life Asset Management (RNAM) and Reliance Home Finance (RHF) have appointed Anmol Ambani onto their respective boards, said Reliance Capital, a part of Reliance group, in a statement today.
- Apr 23, 2018 08:57 PM IST
The company had reported a net profit of Rs 40.92 crore in the corresponding quarter last year.
- Apr 04, 2018 07:27 PM IST
The Reliance wants Nirupam to immediately withdraw his allegations and apologise within 72 hours after the receipt of the notice, the statement said.
- Dec 29, 2017 09:11 AM IST
Any progress will be disclosed in the near future, the Chinese bank told Reuters late Thursday in response to a request for comment on the Indian carrier's debt-reduction plan.
- Dec 27, 2017 05:05 PM IST
Reliance Group Chairman Anil Ambani says the repayment plan was not just about business.
- Dec 26, 2017 09:59 PM IST
Ambani said the company had also run a process, run by real estate consultancy Jones Lang LaSalle, to select a contractor to develop and monetize 20 million square feet at the knowledge city
- Dec 26, 2017 09:00 PM IST
The comments come months after Ambani had told his shareholders that the sector was in ICCU and warned of a monopoly in the sector.
- Dec 26, 2017 04:19 PM IST
The plan involves exiting strategic debt restructuring (SDR) and monetising some of the company's assets, including transfer of spectrum liabilities by March 2018.
- Dec 22, 2017 01:03 PM IST
In its charge sheet filed in April 2011 against Raja and others, CBI had alleged that there was a loss of Rs 30,984 crore to the exchequer in allocation of 122 licences for 2G spectrum
- Dec 21, 2017 01:50 PM IST
Former telecom minister A Raja and DMK MP Kanimozhi were today acquitted by a special court in the case. Fifteen other accused and three companies were also acquitted.
- Dec 01, 2017 08:31 AM IST
"At a committee of creditors meeting on November 29, a majority of them, both foreign and domestic, aggregating to 31, decided to oppose CDB's insolvency petition against RCom before the National Company Law Tribunal (NCLT)," Reliance Communications claimed in a statement.
- Nov 01, 2017 12:13 PM IST
Earlier this week, billionaire Anil Ambani-led Reliance Communications said lenders will convert part of their debt to equity to gain 51 per cent control of the company.