Page 6 - Reliance Captial

Akasa Air has strong financials to place order for more planes: CEO

The Jhunjhunwala family holds stakes in the airline through three discretionary trusts

Piramal, Oaktree seek more time to make offers for Reliance Capital

Lenders target to resolve debt worth Rs 50,333 crore by FY23

Stocks to Watch Today: HDFC Bank, ICICI Pru, Jindal Steel, Spandana, LTTS

Stocks to Watch Today: Alok Textiles, Ganesh Corporation, Hiedelbergcement, Bank of Maharashtra and Nelco to announce Q1 results on Monday.

CoC members, bidders must be barred from buying RCap bonds held by LIC: NGO

They are "insiders" and have access to crucial information, says Infrastructure Watchdog; meanwhile, last date if bond sale to be extended to July 22 as LIC finds no takers

Reliance Capital CoC to further extend resolution plan submission date

As of now, only three bidders are actively engaged with the lenders for Reliance Capital RCAP resolution including Piramal, Yes Bank and IndusInd.

Deadline for Reliance Cap resolution plans extended till June 30: Report

So far only eight out of 54 Prospective Resolution Applicants (PRAs) have engaged with lenders of the bankrupt firm.

Stocks to Watch: SBI, Cipla, Voda Idea, Gujarat Gas, Zensar, MGL, Welspun

Stocks to Watch Today: The primary market too is likely to be abuzz with activity with three IPOs namely - Delhivery, Prudent Corporate Advisory Services IPO and Venus Pipes IPO open for subscription.

Reliance Cap lenders to ask bidders to make all cash bids, form consortium

An industry source says the Administrator appointed by RBI was not supporting all cash bids but CoC insisted on all cash offers from bidders

Lenders mull 90-day extension to close Reliance Capital resolution process

Lenders on Wednesday discussed a proposal for 90 days of extension to close the resolution process of debt-ridden Reliance Capital Ltd (RCL) promoted by the Anil Ambani Group, sources said

Adani, KKR, Piramal among 14 prominent bidders for Reliance Capital

Adani Finserve, KKR, Piramal Finance and Poonawala Finance are among 14 prominent firms that have expressed interest to acquire Reliance Capital Ltd, promoted by Anil Ambani Group, sources said

Delhi HC to hear all pending Amazon, Future Group pleas together on Friday

The Delhi High Court on Tuesday said it will club together and hear all the pending petitions related to the Amazon and Future dispute in connection with the 2019 deal between the firms

Stocks to Watch: Paytm, Star Health, Rel Cap, Ujjivan SFB, BPCL, telcos

Further consolidation seems likely, while telecom stocks may be in focus owing to the new DoT order on limiting SIMs per user

Reliance Capital says corporate insolvency resolution started against firm

Reliance Capital on Tuesday said the National Company Law Tribunal (NCLT) has admitted the case of the company for the corporate insolvency procedure

NCLT order on initiating insolvency proceedings against RCap this evening

The RBI had moved NCLT last week to initiate insolvency proceedings against the company.

RBI action may derail revival plans of Reliance Capital's subsidiaries

Authum's plan to acquire Reliance Home Finance and RCFL awaits RBI nod

RBI moves NCLT Mumbai for bankruptcy proceedings against Reliance Capital

In a statement on its website, RBI said there would be an interim moratorium on and from the filing of the application till its admission or rejection by the NCLT

RBI initiates insolvency proceedings against Reliance Cap at NCLT, Mumbai

RBI, which superseded the Reliance Capital board on Monday, filed an applicated at NCLT, Mumbai

Stocks to Watch: Maruti, Axis Bank, JSW Steel, NMDC, Rel Capital, FMCGs

Maruti expects December production at its Gujarat and Haryana plant to be impacted by the ongoing semiconductor shortage

RBI appoints three-member advisory committee to assist RCap's administrator

The regulator appointed Nageswar Rao Y, former executive director of Bank of Maharashtra, administrator of the company.

LIVE: Existing restrictions and relaxations in WB to continue till Dec 15

All outdoor activities, including movement of people and vehicles shall continue to be prohibited between 11 pm to 5 am