ADAG Stocks Today: Among individual stocks, Reliance Power’s share price surged 11 per cent intraday, Reliance Infrastructure’s shares jumped 10 per cent yesterday, and Reliance Capital’s shares rose two per cent.
3 min read27 Mar 2025IHL said it will list the insurance units of Reliance Capital in two to three years, after it completed the transaction to buy the financial services firm. It emerged as the successful suitor with a bid of ₹9,650 crore for the resolution of Reliance Capital.
2 min read18 Mar 2025The forfeiture of funds was appealed to secure the interest of the lenders and protect them from further losses which would accrue due to IndusInd International Holdings Ltd’s delay in implementing the NCLT-approved resolution plan.
2 min read23 Aug 2024While a legal battle between bidders initially delayed the resolution, there’s now a tussle underway between the lenders and the resolution applicant.
4 min read3 Jun 2024Legal advisors have urged Hinduja Group to implement a resolution plan for Reliance Capital by March 31, 2024, despite the 90-day window granted to winning bidder IIHL.
1 min read6 Mar 2024As per the NCLT order and SEBI (Delisting of Equity Shares) Regulations, 2021, the equity shares of RCL will be delisted from stock exchanges.
3 min read28 Feb 2024Lenders to Reliance Cap have voted in favor of Hinduja Group’s resolution plan, with 99% supporting the proposal. Under the plan, IndusInd International Holdings will offer an upfront cash amount of ₹9,661 crore ($1.3 billion) to the lenders. The approved offer indicates a recovery rate of 43%
1 min read30 Jun 2023Credit Suisse had filed claims of over ₹650 crore with the administrator overseeing its corporate insolvency resolution process in December 2021
1 min read5 May 2023RCAP resolution plan hits roadblock as bidders upset over another auction plan
3 min read26 Mar 2023The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared