by AIP Online Bureau | Aug 1, 2026 | Indian News, Pension & Social Security
The CBI statement further said that it may also be recalled that it has earlier registered seven FIRs against Reliance Communications Limited (RCom), Reliance Home Finance Limited (RHFL), Reliance Commercial Finance Limited (RCFL) and Reliance Telecom Limited (RTL) on...
by AIP Online Bureau | Mar 30, 2025 | Banking & Bancassurance, Health, Indian News, Life, Non-Life, Regulation
The Committee of Creditors (CoC) of Reliance Capital has informed NCLAT that the resolution plan was completely implemented by IIHL with the transfer of complete payment amounts in terms of the resolution plan Mumbai: Lenders of debt-ridden Reliance Capital have...
by AIP Online Bureau | Mar 18, 2025 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Regulation
The journey for value creation would now begin, Ashok Hinduja said, adding that the value of the Reliance Capital business on a conservative basis would be Rs 20,000 crore. IIHL would complete the review of the entire RCAP business and take a call on the fund infusion...
by AIP Online Bureau | Feb 26, 2025 | Health, Indian News, Life, Non-Life, Regulation
An IIHL spokesperson said that IIHL voluntarily offered to release Rs 2,750 crore in equity capital into Reliance Capital’s account to demonstrate its commitment to completing the transaction. The tribunal accepted the proposal Reliance Capital has three...
by AIP Online Bureau | Dec 15, 2024 | Indian News, Life, Non-Life, Regulation
“Most of the approvals and procedures related to the resolution process of Reliance Capital are complete. Couple of the procedures at the end of the administrator and CoC are to be completed. We hope that all these will be over in the next 4-6 weeks and RCAP...
