Reliance Capital

  • Insurance shares surge on hopes of hike in FDI cap October 4, 2012

    Mumbai: Shares of companies engaged in the insurance business such as Aditya Birla Nuvo, Max India and Reliance Capital on Thursday surged as much as 5 per cent on hopes that the government will accelerate pace of economic reforms by raising foreign direct investment (FDI) cap in the sector. Aditya Birla...
  • Charges against the accused in 2G case November 11, 2011

    New Delhi: Former telecom minister A Raja, DMK MP Kanimozhi along with 12 other people and three companies, who have been accused in the 2G spectrum allocation scam case, have been charged under Indian Penal Code Section 409 (criminal breach of trust by public servant, or by banker, merchant or...
  • Reliance officials feel the heat on day 1 of 2G trial November 11, 2011

    New Delhi: The trial in the biggest corruption case in the country got off to a noisy start in the court of Special Central Bureau of Investigation Judge OP Saini in New Delhi on Friday. As soon as the trial in the 2G spectrum allocation scam began the defence counsel...
  • Anil Ambani mulls setting up 'Reliance Bank' September 27, 2011

    Mumbai: Industrialist Anil Ambani on Tuesday said that his group's financial services arm Reliance Capital would explore all possible opportunities to enter the banking sector and plans to unlock value in all its major businesses. The banking entity of the group could be called Reliance Bank, Ambani told the shareholders of...
  • DMK NGO bribed by 2G telecom companies? April 13, 2011

    New Delhi: Tamil Maiyyam, an NGO closely associated with DMK MP and Karunanidhi's daughter Kanimozhi, raided by the CBI in December last year in connection with the 2G scam, received donations from various telecom companies that won 2G licenses. CNN-IBN has accessed the audited balance sheets of Tamil Maiyyam which reveal...
  • Anil Ambani group firms among top stock performers May 25, 2009

    Mumbai: Three companies in the Reliance Anil Dhirubhai Ambani Group were among the five top-performing stocks of the S&P CNX Nifty of the National Stock Exchange (NSE) last week, all of them outshining the 50-share index by a wide margin. With a gain of 52.7 per cent, Reliance Capital was the...
  • Govt refutes Left allegations on Reliance Capital, EPF July 31, 2008

    New Delhi: The Government on Wednesday refuted the Left parties allegations that it was 'favouring Anil Ambani-led Reliance Capital' as provident fund manager and categorically stated the decision was not taken "on the spur of the moment". Union Minister of Labour and Employment Oscar Fernandes said, "This is a very...
  • Reliance gets EPF deal | Govt refutes CPM allegations July 31, 2008

    New Delhi: Anil Ambani's Reliance Capital has been selected along with two other private companies to help manage the employee provident fund which is worth a whooping Rs two lakh 50 thousand crore. However, the inclusion of Anil Ambani led Reliance Capital as one of the fund managers for the Employee...