Insolvency proceedings against Reliance Capital

The Reserve Bank of India superseded the board of directors of Reliance Capital and announced plans for insolvency proceedings citing payment defaults and serious governance concerns which the board has not been able to address. RBI has also...

RIL says report of its bid for BT is ‘baseless’

Reliance Industries has denied it wants to make an offer for BT after an Indian newspaper reported it was interested in the UK telecoms group. Reliance called the article as “speculative and baseless”, after shares in BT jumped as much as 9...

The Supreme Court struck a balance between the interests of Amazon and Reliance Industries (RIL), engaged in a high stakes litigation from Singapore to Delhi over the Kishore Biyani-led group’s ‘Future Retail’. The apex court stalled the Delhi...

After the exit of General Motors and Harley-Davidson, it’s now the turn of another iconic brand - Ford to quit India. Having invested over $2.5 billion in India, and with a presence since 1995, Ford ended 2020-21 selling 48,042 units to garner...



to the free, weekly Asian Voice email newsletter