Flush with billions of dollars in cash, Mukesh Ambani-led Reliance Industries Ltd (RIL) has parked more than Rs 800 crore (Rs 8 billion) in various mutual fund schemes of younger sibling Anil-led......
Nine lenders have exposure to the promoter entities and had taken listed operating companies’ shares as collateral from the promoter companies. Promoter entities of the debt-heavy Anil......
An improved showing of mutual funds (MFs) is helping the industry attract distribution talent at a brisk pace. Illustration: Dominic Xavier/Rediff.com The industry has onboarded a net of 11,600......
The ownership by domestic investors, individual as well as institutional, in companies listed on the National Stock Exchange (NSE) has breached the 25 per cent mark for the first time.......
More asset sales may be only way out, though most of the group companies’ ratings have been downgraded and their combined market value is now a fraction of their combined debt. The Anil......