The Life Insurance Corporation (LIC) and the Employees Provident Fund Organization (EPFO) are the main lenders to Reliance Capital (RCap), and have voted to launch…
The battle between Ahmedabad-based Torrent Group and Hinduja Group to acquire debt-ridden Reliance Capital took another interesting turn this week. The National Company Law Court…
Torrent had become the highest bidder in the challenge process by offering Rs 8,640 crore. on December 21, 2023. However, Hinduja subsequently submitted a revised…
Representative image. News18 Torrent Group has become the highest bidder for debt-laden Reliance Capital (RCap) in an electronic auction process held on Wednesday. The company…
Mumbai: trust capitalThe administrator informed the resolution seekers that they will have to offer at least ₹6.5 billion crore, set as the bid limit amount,…