RIL forced into grabbing every opportunity to rise above debt

Cash strapped Reliance Group, in a bid to raise funds to pay off debt is reportedly looking to lease out its headquarters in one of Mumbai’s prime suburbs. The property is under control of the flagship company of the group, Reliance Infrastructure Ltd. Continue Reading

Anil Ambani’s RCom Q4 net loss at Rs 7,767 crore, income rises

Total income rose to Rs 1,089 crore during the January-March quarter of 2018-19 as compared with Rs 976 crore in the fourth quarter of 2017-18, Reliance Communications said in a regulatory filing. Continue Reading

2019 general elections: Campaign plumbs new low

With just two phases of polling left in the seven-phase Lok Sabha elections, campaigning has reached fever pitch. And, surprisingly, it has touched a new low with both major political parties indulging in personal abuses and trying to appeal to voters along religious lines, which is against the Model Code of Conduct. Continue Reading

Bond behind brotherly bailout

The closing years of the 20th century, particularly the pre-globalisation ‘80s, were the high point of entrepreneurship and enterprise thanks to just one person: Dhirubhai Hirachand Ambani and his Reliance Industries Ltd. Continue Reading

Reliance Capital invites Nippon Life to buy entire stake in JV

Anil Ambani-led Reliance Capital (RCap) announced that it has invited Nippon Life Insurance to acquire its entire 42.88 per cent stake in Reliance Nippon Life Asset Management (RNAM). Continue Reading