The Piramal-Cosmea proposal involves Piramal offering to acquire only Reliance General Insurance Co, a wholly-owned subsidiary of Reliance Capital, for ₹3,750 crore and Cosmea making a ₹1,481-crore bid for Reliance Capital and its other units.
India Ratings downgraded Jana Capital and Jana Holdings’ NCDs to default after both entities extended debt repayments by six months due to refinancing challenges. Jana
BSE Index Services has launched the BSE REITs and Commercial Real Estate Index, India’s first benchmark tracking listed REITs and companies with significant commercial real
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