Reliance Cap shares surge over 11%; m-cap climbs Rs 1,186 cr

Last Updated: Thursday, March 12, 2015, 19:47

Shares of Reliance Capital soared over 11 percent, adding Rs 1,185.78 crore to its market valuation, after the company announced completing sale of 2.77 percent stake for Rs 371 crore to Japan's Sumitomo Mitsui Trust Bank.

Pipavav deal: Reliance Infra makes Rs 1,263-cr open offer

Last Updated: Tuesday, March 10, 2015, 20:05

Taking forward its proposed takeover of Pipavav Defence, Reliance Infrastructure Tuesday made an open offer for acquisition of further 26 percent stake from public shareholders for Rs 1,263 crore.

Pipavav to become top defence manufacturer: Anil Ambani

Last Updated: Sunday, March 8, 2015, 19:09

Within days of acquiring controlling stake in Pipavav Defence and Offshore Engineering, Reliance Group chief Anil Ambani Sunday said he will make it the country's biggest defence manufacturer.

Anil Ambani's Reliance Entertainment to partner Phantom Films

Last Updated: Sunday, March 8, 2015, 14:36

The two will form a 50:50 joint venture to create a powerful new force in Indian cinema, Reliance Entertainment said in a statement issued here.

Reliance Infra acquires Pipavav Defence for up to Rs 2,082 cr

Last Updated: Wednesday, March 4, 2015, 19:52

In the biggest deal in the defence sector, billionaire Anil Ambani-led Reliance Infrastructure Wednesday announced acquisition of controlling stake in Pipavav Defence and Offshore Engineering for up to Rs 2,082.3 crore.

Nippon Life hikes stake in Reliance MF to 35 percent

Last Updated: Friday, February 27, 2015, 12:34

Japanese financial services giant Nippon Life has completed its acquisition of 9 percent additional stake in Reliance Capital Asset Management (RCAM) for Rs 657 crore, taking its total equity to 35 percent.

Reliance, Essar stocks take a beating amid 'espionage' scandal

Last Updated: Monday, February 23, 2015, 19:39

Stocks of Anil Ambani-led Reliance Group companies, Essar Oil and Mukesh Ambani-led Reliance Industries Ltd witnessed huge selling pressure Monday as investors booked profit amid concerns relating to the "corporate espionage" scandal.

Reliance MF gets regulatory approvals for Nippon deal

Last Updated: Wednesday, February 18, 2015, 13:49

Leading mutual fund house Reliance Capital Asset Management (RCAM) today said it has completed the regulatory clearance process for sale of additional stake to Japan's Nippon Life, following approvals of CCI and EPFO.

GMR, Reliance Cement bag blocks in first coal auction

Last Updated: Saturday, February 14, 2015, 18:47

The maiden auction of coal mines got under way Saturday, with GMR and Reliance Cement bagging one mine each for an estimated Rs 1,375 crore and Rs 798 crore respectively.

Anil Ambani's Reliance Group forays into defence sector

Last Updated: Thursday, February 12, 2015, 13:49

Three subsidiaries have been incorporated for the foray under group firm Reliance Infrastructure, the company said in a regulatory filing.

Reliance Power to set up 6,000 MW solar park in Rajasthan

Last Updated: Thursday, February 12, 2015, 12:55

An MoU in this regard was signed by state Chief Minister Vasundhara Raje and Chairman of Reliance Power Anil Ambani here.

Ambanis, Jet chief Goyal deny having illegal Swiss bank account

Last Updated: Monday, February 9, 2015, 16:16

Top industrialists the Ambani brothers and Jet Airways Chairman Naresh Goyal, on Monday denied having illegal Swiss bank accounts in the wake of leaked list of account holders of HSBC brought out by an international body of journalists.