On Monday, the RBI said the RCL board has been superseded "in view of the defaults by RCL in meeting the various payment obligations to its creditors and serious governance concerns which the Board has not been able to address effectively".
Shares of Reliance Capital Ltd on Tuesday tumbled 5 per cent to its lower circuit limit, a day after the Reserve Bank superseded the board of the Anil Ambani promoted company. The stock tanked 4.99 per cent to its lower circuit limit of Rs 18.10 on both the BSE and NSE. The Reserve Bank on Monday superseded the board of Anil Ambani promoted Reliance Capital Ltd (RCL) and will
The Reserve Bank of India (RBI) has superseded the board of Reliance Capital as the company defaulted on various payment obligations to its creditors and the company will go under the insolvency process soon.
FMTI hosts white coat ceremony
Islamabad
March 3, 2021
Islamabad: The Federal Medical Teaching Institutes (FMTI) convened the whitecoat ceremony of the new batch of the Federal Medical College (FMC) and School of Dentistry (SOD) for the session 2020-21 here Tuesday.
The PM’s Special Assistant on Health Dr. Faisal Sultan presided over the ceremony, which was also attended by Members of the Board of Governors of FMTI, Vice Chancellor of Shaheed Zulfiqar Ali Bhutto Medical University (SZABMU) Prof. Dr. Tanwir Khaliq, Ex-Executive Director of the Pakistan Institute of Medical Sciences (PIMS) Dr Ansar Maqsood, senior faculty members, and officers of respective colleges.