News for Reliance Home Finance Limited (RHFL.NS)

Reliance Power shares fall on enforcement agency action reports, company clarifies no impact on operations or financials.

Shares of Reliance Infrastructure and Reliance Power plummeted after Enforcement Directorate (ED) raided Anil Ambani's premises concerning a Rs 3,000 crore Yes Bank loan fraud. The ED's investigation revealed irregularities in loan approvals and potential bribery. Both Reliance Infrastructure and Reliance Power deny involvement, stating the probe relates to separate entities with no impact on their operations.

India Business News: The Enforcement Directorate conducted raids across Mumbai, investigating a Rs 3,000 crore money laundering case allegedly involving Anil Ambani's Reli

The Enforcement Directorate raided 35 locations linked to Anil Ambanis Reliance Group in a ₹3,000 crore money laundering probe tied to YES Bank loans. Reliance Power clarified it operates independently of RCom and RHFL, the focus of allegations. The group denied any impact on operations. ED suspects loan diversions, process violations, and bribes to YES Bank officials between 2017 and 2019.

India Business News: India's market regulator, Sebi, has ordered Big Entertainment to pay a Rs 26 crore fine for failing to settle previous penalties related to illegal fu

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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.

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

The fall in shares of Reliance Home Finance Ltd., Reliance Power Ltd. and Reliance Infrastructure Ltd. in the last three sessions eroded approximately Rs 3,216 crore in market cap after SEBI's ban on industrialist Anil Ambani and 24 other entities from the securities market for five years due to alleged siphoning of funds. Reliance Infrastructure was the worst-hit stock after it fell over 14% on Monday and, in the last three sessions, the company lost Rs 1,097.7 crore.

India Business News: Anil Ambani and 24 other entities including former key officials of Reliance Home Finance Limited (RHFL) faced a five-year ban imposed by Sebi from th

Indian equity indices closed flat on Friday in a highly volatile session. Traders showed caution ahead of Federal Reserve Chair Jerome Powell's upcoming speech. Despite the muted performance, both NSE Nifty 50 and S&P BSE Sensex have gained around 3% in seven sessions due to US rate cut expectations and strong domestic inflows.

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.

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.

The following Nine Non-Banking Financial Companies (NBFC) have surrendered the Certificate of Registration (CoR) granted to them by the Reserve Bank of India (R...

The market opens today after a three day holiday. Experts say that the current bullish trend may continue but it is important to keep a watch , , share market today, stock market today, share prices today, stock prices today, bombay stock exchange, bse sensex, national stock exchange, nse nifty, daily update, morning update

Trends on SGX Nifty indicate a gap-down opening for the broader index in India with a loss of 256 points.

Currently, the index is close to the 61.8 percent Fibonacci retracement level (15,671-18,114), and the 16,600 level would be critical. A break below 16,600 can drag the index lower towards 16,450 followed by 16,200 levels, says Malay Thakkar, Technical Research Associate at GEPL Capital.

Technical analysts believe there could be heightened volatility and further weakness in domestic stock markets.

Trade Setup | Nagaraj Shetti of HDFC Securities feels the short term trend of Nifty continues to be weak with high volatility.