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The Latest Breaking News from Reliance Capital

RBI clears resolution plan for debt-ridden Reliance Capital

The Reserve Bank of India (RBI) on November 29, 2021, superseded the board of Reliance Capital in view of payment defaults and serious governance issues.

Why Is Anil Ambani's Reliance Power Up 40%?

Why Is Anil Ambani's Reliance Power Up 40%?

Shares of Reliance Power (NSE: RPOWER) have been volatile after the Indian electric company secured a long-term debt agreement for up to 12 billion rupees ($150.4 million) from private equity firm Varde Partners, a US-based investment firm focused on distressed assets in India.

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