Reliance Capital news and archive

Reliance Capital lodges case against Loot India

Alleging Loot India’s cheque to have bounced, Reliance Capital has filed a case against the company and its directors Jayprakash Pannalal Gupta and Ruchita Jayprakash Gupta. According to the documents, Loot India had borrowed a loan of Rs 25 lakh from Reliance Capital and as due repayment, it had issued a cheque to Reliance Capital. However, the...

Apparel

Now Gini & Jony looking for stake sale

After Lilliput Kidswear announced its plans to sell off the company because of a fall out with PE investors TPG and Bain Capital, the second largest Indian kids’ wear brand Gini & Jony too is looking for stake sale. The buzz is that investors, including Anil Ambani's Reliance Capital are looking to make an exit from the company that went through...

Apparel

Reliance buys Trent shares

Reliance Capital has bought 8.68 per cent stake in Tata’s Trent for Rs 21.2 crores, marking the Anil Dhirubhai Ambani Group’s entry into the retail sector. The purchase of cumulative compulsorily convertible preference shares of Trent was done by the Reliance Capital Asset Management on behalf of various funds that it owns, including Reliance...