Reliance Capital livid over Credit score Suisse stake sale in PE-backed Prime Focus

Credit score: pixels Businessman Anil Ambani-led Reliance Capital Ltd on Monday threatened authorized and regulatory motion in Prime Focus Ltd for promoting stake by Credit score Suisse to the corporate’s promoters. Credit score Suisse had final week agreed to promote 33.12 per cent stake in Prime Focus to a promoter group, together with Namit Malhotra. … Read more

60 firms submit bids to monetize Reliance Capital belongings

Reliance Capital’s (RCAP) asset sale by Indian banks has obtained an awesome response with eight firms – together with Oaktree, JC Flowers and 6 asset reconstruction firms (ARCs) – submitting EOIs (expressions of curiosity) for your complete firm. . Blackstone, KKR, and Bain Capital, amongst others, are within the working for its common insurance … Read more