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Committee Of Debenture Holders

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Reliance Capital gets 10 more bids for subsidiaries

 Reliance Capital Ltd (RCL), part of the debt-ridden Anil Ambani-promoted Reliance Group, has received 10 more bids, including from SBI Life, for its subsidiaries, sources said. Earlier this month,......

SBI Caps, JM Financial to sell Reliance Capital assets

 The key assets put on the block include its entire stake in Reliance General Insurance Company, the third-largest private sector insurer, and a 49 per cent stake in Reliance Nippon Life Insurance,......

Sale of Reliance Capital's assets gets resounding response

 Blackstone, KKR, and Bain Capital, among others, are in the race for its general insurance arm, and Bandhan Bank, Bain, and Dabur Investments have shown interest for RCap’s 51 per cent stake......

ED slaps money laundering case on Franklin MF

 The ED case follows the police complaint for alleged criminal conspiracy and defrauding investors. Franklin Templeton Mutual Fund (MF), which shut its six schemes in April 2020, is facing the heat......

FI nominees on boards may be exempt ed

 The government is planning to exempt non-executive directors of banks and financial institutions from certain criminal liabilities like bouncing of cheques.The decision will be implemented by the......

BCCI justifies decision to terminate Deccan contract

 The BCCI on Saturday sought to justify the decision to terminate the IPL contract of debt-ridden Deccan Chargers, saying it was compelled to take action after the beleaguered franchise claimed that......

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