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Anil Ambani

HDFC acquires 6.43% Stake in Reliance Capital

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On Saturday, Indian banking and financial company, HDFC, stated that it has acquired a 6.43% stake in debt-trapped Reliance Capital by invoking shares that...

Hero FinCorp likely to buy Reliance General Insurance worth Rs 6,000...

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Hero FinCorp is, reportedly, in talks with Reliance Capital to buy Reliance General Insurance at Rs 6,000 crore, cited Economic Times. “The quality of our...
Anil Ambani

Reliance Capital to pull-out from mutual funds biz

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By selling its entire stake to (Reliance Nippon Asset Management) RNAM's foreign partner Nippon Life Insurance, the celebrated flagship company of Anil Ambani, Reliance...
Yatra.com

Ebix offers 100% acquisition proposal to Yatra.com for $336 million

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US based firm Ebix recently made an offer to Indian online travel agency Yatra.com for acquiring its assets at $336 million. The Atlanta headquartered...

Anil Ambani led Reliance seeking to cut debt by ₹12,000 crore...

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Anil Ambani led Reliance Capital on Thursday said, it is hopeful of reducing its debt by ₹12,000 crore in the next 3-4 months, expecting...

Indian winemaker Grover Zampa secures fresh funding to launch new wines

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Bengaluru-based India's second largest winemaker Grover Zampa has raised ₹60 crores in a fresh funding round led by Singapore-based wine investor Ravi Vishwanathan, according to...

PayU partners with Reliance Money; to offer app-based loans

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Digital payments platform PayU India has partnered with a non-banking financial company Reliance Money, a part of Reliance Capital, to offer instant app-based personal...

Anil Ambani’s son Anmol enters boards of RHF and RNAM

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Anmol Ambani, the eldest son of Reliance group chairman Anil Ambani, has been appointed on the boards of Reliance Nippon Life Asset Management (RNAM)...
Reliance General Insurance

Reliance General Insurance profit increases by 22% in Q1

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In the first quarter of this fiscal year, Reliance General Insurance generated profit by 22%, as recorded on June 30.
paytm

Alibaba acquires Nikhil Vora’s Paytm stake for ₹150 Crores

Nikhil Vora, who owned 0.35% of shares in One97 Communication has sold his stake to Alibaba for ₹150 crores. Alibaba & Alipay now own 45% of total Paytm stake.