Business Today: Latest Business News, India economy News, Stock Markets, Sensex, Mutual Funds and Indian Tax

Total 5 results found. Search for [ RCom crises ]

Results 1 to 5 of 5
Nevin John
New Delhi, April 30, 2019
The financial services businesses of Anil Ambani are facing crises as the rating agencies doubt the group's ability to repay the debts. In some cases, they indicate at the possibility of defaults as it happened in IL&FS and DHFL.

New Delhi, February 11, 2019
Reliance Group has accused its lenders L&T Finance and Edelweiss of illegally invoking pledged shares, calling it 'motivated and unwarranted'. Shares of Reliance Power plunged as much as 59 per cent last week.

Mudit Kapoor
February 9, 2019
The share of promoters in the Reliance Group companies have decreased in the bracket of 2 to 4 per cent, bringing down promoter stake in Reliance Capital below 50 per cent.

New Delhi, February 8, 2019
Reliance Group companies lost Rs 13,000 crore, an unprecedented nearly 55%, in market capitalisation over just 4 days, causing substantial losses to 72 lakh institutional and retail shareholders.

Manu Kaushik
New Delhi, February 2, 2019
The past few years have been a period of slow death for RCom. Going to NCLT is a culmination of the events that has been unfolding over the past decade.