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The financial services arm of the Aditya Birla Group has expressed intent to pick up 51% stake of Reliance Capital in Reliance Nippon Life Insurance Company
Business

Aditya Birla Capital to buy 51% stake in debt-ridden Anil Ambani...

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Aditya Birla Capital joins the race to acquire life insurer Reliance Nippon Life Aditya Birla Capital Ltd has joined the race to pick up stake...
The decision to supersede Reliance Capital Board was taken as the company defaulted on various payment obligations to its creditors
Business

Reserve Bank of India supersedes debt-ridden Anil Ambani’s Reliance Capital Board....

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RBI takes control of Anil Ambani-owned Reliance Capital, to push for insolvency Reserve Bank of India (RBI) on Monday superseded the board of debt-ridden industrialist...

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