News for Reliance Capital Limited (RELCAPITAL.BO)

IndusInd International Holdings set to acquire Reliance Capital by February 10, with shares delisting process underway.

Mauritius-based IndusInd International Holdings (IIHL) emerged as the successful suitor with a bid of ₹9,650 crore for the resolution of RCap. IIHL later paid ₹200 crore to bolster RCap's solvency, which was over and above the bid amount.

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Sensex, Nifty updates on 22nd November 2024 - Sensex closes higher by 1961.32 pts at 79,117.11, Nifty at 23,874.40; Top Gainers: SBI, Bajaj Finance

The brand, founded in 1980, operates 700 sales points and Suditi aims to leverage its production capacity to revitalize Gini & Jony, which has faced financial challenges in recent years.

Reliance Power shares: Promoter Jai Anmol Ambani has paid Rs 1 crore imposed by the market regulator Securities and Exchange Board of India (SEBI) in its order on September 23, without admitting the liability.

It also imposed a fine of ₹15 lakh on Krishnan Gopalakrishnan, the former chief risk officer of Reliance Home Finance, for his involvement in the approval of general purpose corporate loans.

As per the revised norms, the group auditor would be responsible for the audit work done by other auditors for group entities.

NFRA revised audit standards: The revised standards deal with special considerations that apply to an audit of group financial statements

Cyqure India raises ₹3,000 crore via NCDs to acquire RCap, with bond issue fully subscribed and BBB rating.

Reliance group shares plummet after Sebi bans Anil Ambani, imposes fines for fund diversion at RHFL.

The committee of creditors and IIHL are at odds over delays in executing the resolution plan for Reliance Capital, as creditors voice concerns about the conditions tied to the proposed ₹7,300 crore debt raise.

Shares of Anil Dhirubhai Ambani Group dropped by up to 14% after Sebi barred Anil Ambani from the securities market for five years over fund siphoning allegations from Reliance Home Finance. Reliance Home Finance and Reliance Power shares fell 5%, while Reliance Infrastructure shares plummeted 14%. Trading in some other group companies remains suspended.

Sebi bans Anil Ambani news: According to a PTI report, Sebi has barred Anil Ambani, and 24 other entities, from the securities market for a period of five years

Tandon turned Quant MF into a huge success, but his path to get there was full of twists and turns. We reviewed over 3,000 company filings and hundreds of court documents from the last 17 years to retrace his journey. Buckle up to take the ride.

As Avanse Financial filed its DRHP with capital markets regulator SEBI, Inc42 takes a deep dive into the NBFC's shareholding pattern.

Reliance Power Ltd's two subsidiaries -- Kalai Power Pvt Ltd and Reliance Cleangen Ltd, have signed a debt settlement and discharge agreement with Reliance Commercial Finance Ltd (RCFL), a wholly-owned subsidiary of Authum Investment & Infrastructure Limited, a regulatory filing said.

Q3 results today: Godrej Properties Ltd, Max Financial Services Ltd, Navin Fluorine International Limited, Redington Ltd, Reliance Capital Ltd, Tata Teleservices (Maharashtra) Ltd, and many other stocks will be in focus today as they will declare their Q3 results

Along with Patanjali Foods, a number of other securities will be moved out of the additional surveillance framework.