Reliance Capital has become the fourth NBFC, following Dewan Housing Finance Corporation and two Srei Group firms, to face bankruptcy proceedings triggered by action from the banking regulator.
A whistle-blower had alleged that certain brokers who availed NSE’s co-location facility, got preferential access to price feeds by conniving with some exchange employees.
Delloite has been offered the role of administrator and along with JLL has been tasked with selling the hotel.
The focus of the meeting will be on increasing investments via the FDI and PPP routes.
To understand the call of the SME sector in India, ICICI Bank and Cyber Media present ICICI SME CEO Knowledge Series. After discussing IT and ITES sectors in Noida, they came down to South in Chennai. The cluster of Chennai is an auto engineering cluster.