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Anil Ambani's Reliance Group starts transformation journey, achieves near zero-debt

Reliance Infra announced a significant reduction in standalone external debt, lowering it from Rs 3…

PTI   


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Promoters to infuse Rs 1,100 crore in Reliance Infra

The board of the company had on Thursday approved Rs 6,000 crore fund raise plan, of which Rs 3,014…

PTI   


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1 min read

Two of RPower's subsidiaries settle ₹1,023-crore debt

, Reliance Power on Wednesday said its two subsidiaries have settled debt worth Rs 1,023 crore with…

PTI   


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Anil Ambani reviewing SEBI order, to take appropriate steps: Statement

Anil Ambani is examining Sebi's order that bans him from capital markets for five years and imposes…

PTI   


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RIL cuts net debt to $14.2 billion in Q2, guides for a ‘significant slowdown’ in capex intensity in 2024

Shares of Reliance Industries are down 10% this year, which is a significant underperformance compa…

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RCap resolution: NCLAT issues notices to Torrent Investments and others on the lender's plea

The appellate tribunal has directed to list the petition on February 9, 2023, saying the appeal wou…

PTI   


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Will Reliance Capital lenders get their dues fast or will there be legal delays

With another round of bidding for Reliance Capital Ltd slated later this month, the question is whe…

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4 mins read

Vodafone Idea shares hit 25% upper circuit after govt agrees to convert ₹16,133 cr dues into equity

Vodafone Idea’s shares zoomed by 25% on Monday hitting an upper circuit, after the government agree…

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Vodafone Idea board to meet on Feb 27 to consider fundraising proposal

Telecom operator Vodafone Idea (VIL) on Thursday said its board will meet on February 27 to conside…

PTI   


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RCap resolution: NCLAT allows lenders' plea for another round of bidding

The National Company Law Appellate Tribunal (NCLAT) on Thursday allowed a petition filed by lenders…

PTI   


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Financial Bids for Reliance Capital to be submitted on Monday

The bidders for Reliance Capital assets have to submit their financial bids by August 29 (Monday), …

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Reliance Capital bidders flag off multiple legal issues involving Rs 20,000 crore liability

As the deadline for the submission of binding bids approaches, the bidders of Reliance Capital, inc…

ANI   


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Reliance Capital Committee of Creditor rejects all bids, considering liquidation

The Committee of Creditors (COC) of Reliance Capital (RCAP), in its meeting held on Wednesday, has …

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4 mins read

Tatas to Ambanis, Adanis and Birlas – fortunes of these high debt companies could change after rate hikes

The Indian corporate sector has been enjoying low interest loans for nearly four years now, but tha…

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3 mins read

Director’s Cut: Mukesh Ambani’s showmanship is great, but what about value unlocking, asks market

Mukesh Ambani’s time travel between the past and future in the RIL AGM kept analysts and media busy…

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4 mins read

RIL could transform into a holding company says CreditSights

The telecom to retail conglomerate Reliance Industries could eventually transform into a holding co…

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3 mins read

RIL to start churning free cash flows as operating income rises, says JP Morgan

JP Morgan says that RIL stock’s performance is linked to earnings and not FCF (free cash flows). ​​…

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5 mins read

Reliance reports Q1 net profit at Rs 16,011 cr as consumer businesses continue to shine

Reliance Industries (RIL) reported a net profit of Rs 16,011 crore for the quarter ended 30 June 20…

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1 min read

Beijing will offer fresh stimulus through a rare budget adjustment and increased sovereign debt

Beijing is set to issue $137 billion in sovereign bonds, while it's 2024 budget deficit could be in…

Filip De Mott   


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Future Retail's independent directors haved turned down Amazon's financial support offer

FRL's independent directors had last week asked Amazon if the e-commerce giant was willing to gi…

PTI