RTT News
WSJ: Apollo-led Group Nears Deal To Buy El Paso Exploration Unit For $7 Bln
The company is said to have already circulated the financial information on the smaller pieces of El Paso's assets to potential buyers, that is said to include India's Reliance Group also. The proposed transaction could be another multi-billion…
Reliance MediaWorks Approves Strategic Structuring
(RTTNews) – India's film and entertainment services company and a member of the Reliance Group Reliance MediaWorks Ltd., said its board approved the subsidiarisation of the company's Film & Media services and Exhibition businesses into sepa…
Indian Shares Off Day's Low
ONGC, Reliance Industries, Hindustan Unilever, Sterlite, ICICI Bank, Coal India, Hindalco, SBI, Bajaj Auto, Tata Steel, Larsen & Toubro, Tata Motors, Mahindra & Mahindra, Jindal Steel and Bharti Airtel are the top decliners in the Sensex pack, …
Reliance Capital Q2 Group Profit Plunges By 70%
(RTTNews) – Reliance Capital Ltd. reported second-quarter consolidated net profit of Rs.33.45 crore, compared with Rs.111.97 crore for the year ended September 30 last year, reflecting a 70 percent decline, mainly on account of higher interest rate ……
Reliance Capital Q2 Group Profit Plunges By 70%
(RTTNews) – Reliance Capital Ltd. reported second-quarter consolidated net profit of Rs.33.45 crore, compared with Rs.111.97 crore for the year ended September 30 last year, reflecting a 70 percent decline, mainly on account of higher interest rate ……
Reliance Life Insurance Inducts Takeshi Furuichi On Its Board
(RTTNews) – Reliance Capital Ltd. said the board of Reliance Life Insurance Friday announced the induction of Takeshi Furuichi, as a Non-Executive Director and Nippon nominee on the board of the company. The induction of Furuichi on Reliance Life board…
Reliance Life Insurance Inducts Takeshi Furuichi On Its Board
Reliance Life Insurance, a part of Reliance Capital, commenced operation in 2005, after the acquisition of a life insurance company by Reliance Group. Reliance Life today is one of the largest insurers in number of individual policies sold amongst the …
Reliance Steel Q3 Profit Surges; Guides Q4 Below View
(RTTNews) – Metals service centers operator Reliance Steel & Aluminum Co. (RS: News ) reported Thursday reported a profit for the third quarter that surged from last year, reflecting improved operating margins and strong double-digit sales growth a…
Reliance Capital Completes 26% Stake Sales In Reliance Life To Nippon Life
(RTTNews) – Reliance Capital Ltd. announced the completion of the transaction for sale of a 26 percent stake in Reliance Life Insurance, a part of Reliance Capital, to Nippon Life Insurance, with the receipt of the entire transaction proceeds of …See…
RBI Approves $2.2 Bln. ECB Financing For RPower's Sasan Project
(RTTNews) – India's private-sector power generating firm and part of Reliance Group Reliance Power Ltd., or RPower, said it had obtained approval from the Reserve Bank of India (RBI) to raise $2.2 billion (Rs.11000 crore) from US Exim and Chinese b…
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