Yahoo India Web Search

Search results

1. news24online.com › business › hinduja-group-securesHinduja Group Acquires Reliance Capital: ₹9,650 Crore Deal

   news24online.com › business › hinduja-group-secures

   • Cached

   Jul 14, 2024 · Reliance Capital, a bankrupt company owned by Anil Ambani, has been acquired by the Hinduja Group through a successful auction. The Hinduja Group is making efforts to raise funds to complete the ₹9,650 crore deal, but it has suffered a major setback as banks have refused to grant loans.

2. money.rediff.com › news › marketIIHL Gets Extension to Complete Reliance Capital Resolution ...

   money.rediff.com › news › market

   • Cached

   3 days ago · Mumbai, Jul 23 (PTI) The National Company Law Tribunal on Tuesday gave an extension to Hinduja Group-owned IndusInd International Holdings (IIHL) till August 10 to complete the formalities to implement the resolution plan for bankrupt Reliance Capital. The tribunal, headed by Justice Virendrasingh G Bist and Prabhat Kumar, directed IIHL to ...

3. economictimes.indiatimes.com › industry › bankingNCLT grants extension till Aug 10 to IIHL for completing ...

   economictimes.indiatimes.com › industry › banking

   • Cached

   2 days ago · IIHL made the highest cash offer of Rs 9,661-crore in the auctions and secured as much as 99 per cent of the lender's votes. The bid also included the Rs 500-crore cash balance with Reliance Capital going to the lenders, taking the overall recovery to Rs 10,200 crore or about 65 per cent as against Rs 16,000 crore principal secured debt the crippled company owed to lenders.

4. www.ndtvprofit.com › law-and-policy › relianceReliance Capital Insolvency: Hinduja's IIHL Gets More Time To ...

   www.ndtvprofit.com › law-and-policy › reliance

   • Cached

   1 day ago · Reliance Capital had a debt of over Rs 40,000 crore. Four bids were initially submitted, but the creditors rejected them for being too low. A new bidding process included IIHL and Torrent Investments. Eventually, the National Company Law Tribunal approved a Rs 9,650-crore plan to resolve Reliance Capital's debt.

5. www.dnaindia.com › business › report-meet-hindujaMeet brothers who may borrow Rs 4,000 crore to fund Anil ...

   www.dnaindia.com › business › report-meet-hinduja

   • Cached

   Jul 12, 2024 · Reliance Capital is the financial services arm of Anil Ambani Group. Sonali Sharma Updated : Jul 12, 2024, 06:14 AM IST Mukesh Ambani's brother Anil Ambani has been having trouble in finalising his debt-ridden Reliance Capital acquisition at Rs 9,650 crore. The Anil Ambani Group's financial services ...

6. www.cnbctv18.com › business › rcapital-insolvencyRCapital Insolvency: NCLT rules in favour of Hinduja Group ...

   www.cnbctv18.com › business › rcapital-insolvency

   • Cached

   2 days ago · This amount is the equity portion of the offer made by Hinduja Group’s IndusInd International Holdings Limited for Reliance Capital. The rest of the amount is proposed to be raised as debt by IIHL to repay lenders. The lenders wanted Hindujas to pay 12% interest on the bid amount for the period of delay, however, the NCLT has ruled otherwise.

7. www.nseindia.com › get-quotes › equityReliance Capital Limited Share Price Today, Live NSE Stock ...

   www.nseindia.com › get-quotes › equity

   • Cached

   Jun 27, 2024 · Reliance Capital Limited Stock Price Today, Live NSE Share Price: Get the latest Reliance Capital Limited news, company updates, quotes, tips, historical charts, 52 week high low, market performance financial reports and many more at NSE India.

8. People also ask

   Who owns Reliance Capital Limited?

   • Reliance Capital Limited is an Indian diversified financial services holding company promoted by Reliance Anil Dhirubhai Ambani Group. Reliance Capital, a constituent of Nifty Midcap 50 and MSCI Global Small Cap Index, is a part of the Reliance Group.

   Reliance Capital - Wikipedia

   en.wikipedia.org/wiki/Reliance_Capital

   See all results for this question

   What does Reliance Capital do?

   • Reliance Capital offers a range of financial services in many business lines. The company is one of the most diversified financial services firms in India with interests expanding from asset management, insurance, commercial finance, broking, private equity to other niche financial services. Its prominent businesses are as follows:

   Reliance Capital - Wikipedia

   en.wikipedia.org/wiki/Reliance_Capital

   See all results for this question

   How much is Reliance Capital worth?

   • As on 31 March 2017, the net worth of the company stood at ₹ 16,548 crore, while its total assets as on the date stood at ₹82,209 crore. In Fortune India 500 list of 2018, Reliance Capital was ranked as the 77th largest corporation in India with 5th rank in 'Non-Banking Finance' category.

   Reliance Capital - Wikipedia

   en.wikipedia.org/wiki/Reliance_Capital

   See all results for this question

   How much money did Reliance Capital owe to lenders?

   • The bid also included the Rs 500-crore cash balance with Reliance Capital going to the lenders, taking the overall recovery to Rs 10,200 crore or about 65 per cent as against Rs 16,000 crore principal secured debt the crippled company owed to lenders. Representative image.

   NCLT grants extension till Aug 10 to IIHL for completing RCapital resolu…

   economictimes.indiatimes.com/industry/banking/finance/nclt-grants-extension-till-aug-10-to-iihl-for-completing-rcapital-resolution-plan/articleshow/111953281.cms

   See all results for this question