Essel Group lenders sold Rs 600 crore worth of Zee Entertainment Enterprises Ltd.’s shares pledged as collateral by Subhash Chandra-led promoters in April and May....
Reliance Capital Ltd., supervised by Ambani, is in talks to shape a deal to sell Mumbai-based Reliance General Insurance to Hero FinCorp Limited. Negotiations are...
Reliance Group’s Reliance Capital and Reliance Land will divest the entire equity stake in Reliance Broadcast Network (RBNL) to Jagaran Prakashan-owned Music Broadcast (MBL). RBNL...
Amber companies are those which were capable to service debts of only certain senior secured creditors. They can not service debt of other creditors. Pro-rata...
Punjab National Bank (PNB) to put on sale three non-performing assets (NPAs), worth Rs.136 crore. In the invite for expression the bank stated, “We intend to place...
The Maharashtra Electricity Regulatory Commission (MERC) has given approval to Reliance Infrastructure’s (RInfra) 100% stake sale in its integrated Mumbai power business, to Adani Transmission...