Reliance Capital
War erupts between Nippon Life, RCAP Administrator and Aditya Birla Sun Life over RNLIC stake
Sun, Nov 20, 2022
A source close to the development revealed that Nippon Life - Japan has communicated its resentment and reservations to the RCAP Administrator, Aditya Birla Sun Life and its foreign partner, Sun Life Financial Inc.
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Reliance Capital bidders seek extension of time for submission of binding bids
Sun, Sep 11, 2022
There are other bidders also who have sought a similar extension of timeline for filing of binding bids. IndusInd has sought 10 weeks extension, Oaktree has asked for 12 weeks and Zurich has requested for 8 weeks extension.
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Reliance Capital resolution plan: Bidders seek more time, submission deadline likely to be extended for 5th time
Sun, Jul 31, 2022
Reliance Capital resolution process: The deadline for the submission of Resolution Plan for Reliance Capital (RCAP) is likely to be extended yet again as bidders seek more time to complete the due diligence process.
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Reliance Capital likely to share RFRP with bidder by Wednesday; all cash bids to get highest score
Sun, Apr 24, 2022
Lenders of debt-ridden Reliance Capital Ltd (RCL) are likely to share the Request For Resolution Plan (RFRP) document with bidders by Wednesday or Thursday and bids with a high upfront cash payment component will get the maximum score as a part of the resolution process, sources said.
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Reliance Capital lenders finalise RFRP for bidders; approval expected next week
Wed, Apr 13, 2022
The RFRP document sets the guidelines for the submission and evaluation of the resolution plan and is shared with all the companies which have submitted Expression of Interest (EoI) for the submission of financial bids
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Reliance Capital's lenders decide to propose their own plan to bidders
Wed, Apr 13, 2022
Amid a standoff over the bidding process for debt-ridden Reliance Capital Ltd (RCL) and its subsidiaries, lenders have rejected the concerns raised by the RBI-appointed administrator and have decided to go ahead with their own proposal, an unprecedented development under the insolvency proceedings, sources said.
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Differences emerge between Reliance Capital admin, lenders over resolution of company's subsidiaries
Sun, Apr 10, 2022
As many as 54 bids were received for the resolution of RCL and its multiple subsidiaries as of March 25, which was the last date for submission of Expressions of Interest (EoI).
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Adani, Tata AIG, ICICI Lombard, Nippon Life among 54 prominent bidders for Anil Ambani-promoted Reliance Capital
Sun, Mar 27, 2022
Other bidders include Yes Bank, Bandhan Financial Holdings, Cholamandam Investment, OakTree Capital, Blackstone, Brookfield, TPG, KKR, Piramal Finance and Poonawala Finance, sources said.
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Why Anil Ambani Group shares—Reliance Infra, Reliance Capital, Reliance Power, RHFL — are rising? | All you need to know
Sat, Jun 19, 2021
Anil Dhirubhai Ambani Group or ADAG group shares: The shares of Anil Dhirubhai Ambani Group or ADAG group have been performing exceptionally well for the past few months.
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Reliance Capital arm Reliance Commercial Finance into final stages of Rs 9,017 cr debt resolution; voting likely to be over by this date
Thu, Jun 10, 2021
Reliance Commercial Finance Limited (RCF) – a 100 per cent subsidiary of Reliance Capital Limited (RCAP) is into its final stages of debt resolution, Zee Business’ Brajesh Kumar Mishra reported citing his sources. RCF has a debt of Rs 9,017 cr
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