November 06, 2024 02:47 (IST)
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Union Minister HD Kumaraswamy booked for threatening cop probing into mining case | Supreme Court upholds validity of Uttar Pradesh Madrasa Education Act | Not all private properties are community resources that govt can take over: Supreme Court | Pakistan's Lahore has become world's most polluted city with an AQI of 1900 on Sunday | Indian Army 'successfully completes' patrolling to a key point in Ladakh's Depsang region
RBI clears resolution plan for Reliance Capital

RBI clears resolution plan for Reliance Capital

Mumbai: The Reserve Bank of India on Friday granted approval to the restructuring proposal for financially troubled Reliance Capital, paving the way for the acquisition of the company by IndusInd International Holdings Ltd (IIHL), a firm within the Hinduja Group.

Reliance Capital reports consolidated net loss of Rs 239 cr in Q2

Reliance Capital reports consolidated net loss of Rs 239 cr in Q2

Mumbai: Reliance Capital reported a consolidated net loss of Rs 239 crore for the quarter ending on September 30, 2023-24.

RBI supersedes Reliance Capital board, appoints administrator

RBI supersedes Reliance Capital board, appoints administrator

New Delhi/UNI: The Reserve Bank of India (RBI) Monday superseded the Board of Directors of Reliance Capital Ltd (RCL), in view of the defaults by the company in meeting various payment obligations to its creditors and serious governance concerns.