The company said that Piramal Capital and Housing Finance has initiated bankruptcy proceedings against Reliance Power and its subsidiary Reliance Natural Resources Ltd. (RNRL), relating to a ...

IIHL had won the bid to acquire Reliance Capital in April 2023 with an offer of Rs 9,650 crore under the Corporate Insolvency Resolution Process (CIRP) of the Insolvency and Bankruptcy Code (IBC).

The Committee of Creditors (CoC) of Reliance Capital (RCap) has withdrawn a petition filed last year claiming ₹1,060 crore as interest payment from IndusInd International Holdings (IIHL) for ...

The Private Placement will be conducted in reliance upon certain prospectus and registration exemptions. The funds raised under the Private Placement will be used for planned capital expenditures at ...