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Religare: Won't back down, says Religare's Rashmi Saluja amid tiff with Burman family

"I may have agreed that five years ago, I didn t have the experience, but after five years, three successful businesses, a company turnaround and a great team and board to support me, I will not back down," Saluja told ET in an interview. "Any allegations of corporate governance against the board and the management are directly reflected toward the regulators. Our naysayers need to understand that." ....

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Invesco plans to exit MF business in India

IIHL - the Mauritius-based investment company of the mobility-to-chemicals conglomerate that owns IndusInd Bank and Anil Ambani-promoted Reliance Capital, which it bought recently in a bankruptcy resolution - has valued Invesco Asset Management India at Rs 2,100-2,500 crore. ....

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Invesco Hits Wall on MF Street, may Exit

Invesco Hits Wall on MF Street, may Exit
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

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Reliance Capital insolvency: NCLT rejects Torrents's plea, to hear Hinduja's resolution plan approval on September 26

The matter was listed for hearing on Tuesday before the insolvency tribunal, however, it has now been adjourned to September 26. The NCLT said the Supreme Court on the plea filed by Torrent has abundantly made it clear that it would be kept in abeyance until the parties have had an opportunity to obtain circulation and interim orders of stay in the proceedings. ....

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Lenders to reschedule second round of auction for RCap, new date undecided

The second auction is set to bids from Torrent Investments, Hinduja Group’s IndusInd International Holdings Limited (IIHL) and Oaktree Cap ....

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