According to the company's release, Reliance Communications has been undergoing the Corporate Insolvency Resolution Process (CIRP) and is currently managed entirely by the Resolution Professional, under the supervision of the NCLT and its Committee of Creditors (CoC), led by the State Bank o
The Enforcement Directorate (ED) on Thursday said it has attached fresh assets worth Rs 1,120 crore belonging to the Reliance Anil Ambani Group in connection with the alleged fraud involving Reliance Home Finance Limited (RHFL), Reliance Commercial Finance Limited (RCFL) and Yes Bank.
In one of the first confiscations through the Fugitive Economic Offenders Act mechanism in Uttar Pradesh, the Enforcement Directorate (ED) has received approval to confiscate movable and immovable assets worth Rs 127 crore belonging to fugitive Rashid Naseem and the Shine City Group of Co
Mumbai (Maharashtra) [India], December 4: The Maharashtra Institution for Transformation (MITRA) has taken a major step toward implementing the Hon'ble Chief Minister Devendra Fadnavis' vision of a state-wide Asset Tokenization Framework, aimed at unlocking nearly ₹50 trillion worth of publi
Alternative investment funds (AIFs) in India continue their healthy growth and provide significant opportunities for domestic institutional investors (DIIs) to diversify their portfolios and potentially reap higher returns, highlighted a report by Crisil Intelligence.
Chennai (Tamil Nadu) [India], December 4: SPR Construction Private Limited (SPR) has secured Rs. 750 crore of investments from funds managed by Oaktree Capital Management, L.P. (Oaktree), one of the world's leading alternative investment managers, with USD 209 billion in assets under managem
Senior Advocate Rajiv Nayar, appearing for Priya Kapur, opened the hearing by rejecting the accusation that Priya had moved Sunjay Kapur's assets abroad or concealed any part of his estate.
Singapore, December 2: Peak Energy, a leading clean energy platform backed by Stonepeak Infrastructure Partners, is marking its two-year anniversary having added 300 MW of operating assets, 313 MWh of BESS capacity delivered, and 1.5 GW under development across Asia-Pacific.
The Delhi High Court on Monday heard allegations from Rani S Kapur, mother of late industrialist Sunjay Kapur, who claimed that her daughter-in-law Priya Sachdev Kapur moved swiftly to take charge of Sunjay's properties and business interests instead of mourning his passing.
India's foreign exchange reserves declined by USD 4.472 billion in the week that ended November 21 to USD 688.104 billion, driven by a slump in both foreign currency assets and gold reserves, the Reserve Bank of India's latest 'Weekly Statistical Supplement' data showed.
Speaking to ANI, Shaina NC said that if the FIR alleges the Gandhis conspired to acquire the assets of Associated Journals Limited (AJL) through Young Indian, the family should publicly present their case. She added that the allegations raise serious questions about the manner in which AJ