scorecardresearch
Friday, September 5, 2025
TopicReliance Capital

Topic: Reliance Capital

Modi govt assures savings in EPF will be safe, despite Reliance Capital’s payment default

Senior official says govt always has a buffer or surplus from returns it makes on EPFO’s investments, which ensures that employees’ savings remain protected.

Reliance to raise Rs 7,350 crore from 2 investors

New Delhi: Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday announced to raise Rs 7,350 crore from two investors — Singapore's sovereign wealth fund...

Anil Ambani’s two finance firms to undergo asset sale, bank consortium set to proceed

Value erosion of Anil Ambani's two finance companies due to debt default has made asset sale only viable alternative, say bankers. RBI disagreeable to resolution under IBC.

Default rating for Anil Ambani’s Reliance Capital reignites credit scare

Care Ratings cut Reliance Capital’s bonds by 8 notches to D from BB, citing delay in coupon payments on several of lender’s non-convertible debentures.

Auditor of Anil Ambani’s shadow bank Reliance Capital resigns after lack of response

The auditor didn’t receive satisfactory response to certain observations and transactions, said the Reliance Group companies.

Desperate Anil Ambani in talks with Hero FinCorp to sell his general insurance business

Anil Ambani is trying to cut his conglomerate’s liabilities after a debt-fueled expansion in the past decade led to the collapse of his telecom unit.

Anil Ambani in talks to sell his radio business unit for Rs 12 billion

The planned exit from the radio business is part of efforts by Ambani to cut wider group liabilities.

Reliance Capital protests downgrade, says it will cut debt 50%

Care Ratings has cut the firm’s long-term debt program to BBB from A and kept it on credit watch.

Anil Ambani needs $2 billion in asset sales to save his last bastion – Reliance Capital

With $252 million of debt falling due in May-June, asset disposals are key to averting a crisis at Reliance Capital, India’s fifth biggest mutual fund.

On Camera

Give Trump a Nobel already. He has united Modi, Xi and Putin

Both India and the US should realise that whether it is trade or security, strategy or diplomacy, relationships cannot be one-sided.

GST 2.0: India streamlines indirect tax regime amid Trump tariffs & what it means for consumers

Goods and Services Tax Council paves way for a broad two-slab structure of 5% and 18% with a demerit rate of 40% for super luxury and 'sin' goods.

HAL team to visit US this month for talks on joint production of GE 414 engines

The engines are meant for Tejas Mk 2 and the first tranche of Advanced Medium Combat Aircraft (AMCA).

For Indian Mercedes, Asim Munir’s dumper truck in mirror is closer than it appears

From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.