Sumitomo Mitsui Trust Bank Acquires Rs. 371 Crore in Reliance ...

Anil Ambani-controlled Reliance Capital Ltd's asset management arm is mulling to acquire the fund management business of Goldman Sachs Group Inc in India, Mint reported citing a senior executive at Reliance Capital Asset Management Ltd. The deal, ...

Stocks of the Anil Dhirubhai Ambani-led ADAG Group, G M Raopromoted GMR Group, Jaypee Group and DLF are among the top business houses set to emerge as prominent wealth destroyers as measured by the combined market capitalisation (market cap) of the ...

New Delhi: Within days of government allowing more overseas investment in insurance sector through an ordinance, Anil Ambani-led Reliance Group has initiated a process for inducting foreign partners in its general and health insurance ventures with up to 49 ...

Promoters of companies and business conglomerates, like Anil Ambani and the Jindals, have revoked large volumes of pl­edged shares following the sharp gain in stock prices over the past few months. On the contrary, there was a rise in share pledges by ...

“The recent news of stake sale in the group’s (ADAG) smaller cos is worrisome when the group has debt of over several times that amount," said Arun Kejriwal. MUMBAI: The Anil Dhirubhai Ambani Group (ADAG) has embarked on a plan to cut its debt, ...

NEW DELHIL The Comptroller and Auditor General has indicted Reliance Infrastructure Ltd of the Anil Dhirubhai Ambani Group for collecting Rs 662 crore as toll on two projects of 6-laning of highways and allegedly investing Rs 303 crore out of this ...

The Bombay High Court, on Thursday, allowed Reliance Infrastructure Ltd of the Anil Ambani Group to increase fares of the first line of Mumbai metro, which runs from Versova in western suburbs to Ghatkopar in eastern suburbs on an 11-km elevated ...

Anil Dhirubhai Ambani Group company Reliance Capitalis reportedly planning to sell entire stake in online travel company Yatra.com for Rs 500 crore. The company is planning to exit the investment, pocketing a return of about 12 times in eight ...

New Delhi, 23 January: Mr Anil Ambani led Reliance Capital has received approval from shareholders for its initial stake sale of 2.77 per cent worth Rs 371 crore in the company to Japanese financial major Sumitomo Mitsui Trust Bank. The deal ...