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......
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,......
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......
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,......
The Securities and Exchange Board of India is considering convertible securities as an option to protect investors from downside risks in initial public offerings, after negative feedback from......
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......