Mukesh Ambani’s Hybrid Strategy For ‘Amazon-Killer’ JioMart

Mukesh Ambani-led RIL’s new arm JioMart will take on Amazon and Flipkart but with a different warehousing-less strategy aided by a tech acquisition spree.

With Fynd And Asteria, Ambani’s Reliance Challenges Amazon’s Monopoly The Bezos Way

Mukesh Ambani-led Reliance has been on a tech investment spree with firms like Fynd and Asteria, and though it’s not out in the open, the pattern similar to Amazon’s investment approach suggests the Indian Mogul is gearing up to challenge Jeff Bezos’s monopoly in the e-commerce domain.

Reliance Capital gets Rs 5,500 crore from RNAM stake monetisation

Anil Ambani-led Reliance Capital said on Saturday it has concluded the transaction with Nippon Life Insurance Company of Japan to sell its stake in Reliance Nippon Life Asset Management (RNAM).

Brickwork downgrades Reliance Capital’s rating to BWR BB with negative outlook

Brickwork has downgraded Reliance Capital‘s rating to BWR BB with negative implications for its long-term debt programme, market-linked debentures and subordinated debt. Brickwork said the action is primarily due to revision in timelines for divestments and deterioration in the standalone…

Reliance Infra signs Inter-Creditor Agreement with 16 lenders

As per the RBI Circular of 07 June 2019, 100% of its lenders have signed the ICA for the resolution of Reliance Infrastructure’s debt.

Anil Ambani’s Reliance Capital in recovery mode post RNAM’s stake sale

RNAM’s stake sale, monetisation of other assets to cut Reliance Capital’s debt by 70 pc The second offer for sale (OFS) announced by Reliance Capital to sell its 2.86 per cent shareholding in Reliance Nippon Life Asset Management (RNAM) has…

Reliance Capital exercises over-allotment option after offer for sale in RNAM

Reliance Capital exercises green-shoe option after offer for sale in RNAM Anil Ambani-owned Reliance Capital said on Tuesday its offer for sale (OFS) last week to sell shareholding in Reliance Nippon Life Asset Management (RNAM) has got good response from…

Anil Ambani urges life support for debt-ridden NBFCs

Reliance group chairman Anil Ambani talked about the full-blown crisis faced by Reliance Capital. He thinks the contagion and cascading effects on the economy are clearly visible.

Reliance Capital to exit life insurance business

Nippon Life Insurance ups stake in RNAM to 75 pc Nippon Life Insurance of Japan said on Thursday it has signed binding definitive agreements with Reliance Capital to increase its stake in Reliance Nippon Life Asset Management (RNAM) to 75…

ICRA downgrades Reliance Capital to A4

ICRA downgrades Reliance Capital to A4 with negative implications Rating agency ICRA has revised its ratings for Anil Ambani-led Reliance Capital and its subsidiaries from A2 to A4 with negative implications. “The ratings continue to be on watch with negative…