Tag Archives: Reliance

Reliance on short-term funding poses risk to vehicle finance companies: Moody’s

Many Indian lenders have diversified into other businesses, such as home equity financing and business lending, which carry lower rates than any type of vehicle finance and suppress their overall asset yields. Heavy reliance on short-term wholesale funding and thin liquidity pose common risks for Indian vehicle finance companies. Vehicle finance companies in India are among the fastest growing in ... Read More »

Reliance Home Finance falls 7% on extending maturity of NCDs of Rs 400cr

Shares of Reliance Home Financeshed 7.3 percent in the early trade on July 1 after the company extended maturity on certain NCDs of Rs 400 crore. The company in its press release dated June 29 said that in view of the continuing severe liquidity crisis in the sector, the maturity of certain NCDs of Rs 400 crore has been extended till October 31, ... Read More »

Samsung Galaxy S9 and Nokia Headline MWC, OnePlus 6 and Mi Mix 2s Leak, Reliance Big TV Offer, and More News This Week

HIGHLIGHTS Samsung Galaxy S9 and Galaxy S9+ launching in India on Tuesday Nokia’s slate of MWC phones will start launching in India from April OnePlus 6 leak promises an iPhone X-like ‘notch’ Welcome back to our weekly roundup of all the tech news that you can use. The biggest event of the week was probably the launch on Sunday of the Samsung Galaxy ... Read More »

Reliance Jio Partners MediaTek to Make Android Oreo (Go Edition) Smartphone

HIGHLIGHTS MediaTek, Reliance Jio building Android Oreo (Go Edition) smartphone MT6739 SoC is among the new chips to support the lightweight Android MediaTek also showcased its Sensio MT6381 biosensor module MediaTek at its Curtain-Raiser for 2018 event in New Delhi on Tuesday revealed its partnership with Reliance Jio for developing an affordable smartphone running Android Oreo (Go edition). The new smartphone is expected to ... Read More »

Reliance Capital shares fall 17% as home finance business demerged

Reliance Capital shares fell more than 17 percent in opening trade Tuesday due to hiving off home finance business. Today is the ex-date for demerger and the record date for the same is fixed as September 6, which means person who holds shares of Reliance Capital on September 6 will get shares of Reliance Home Finance. Reliance Capital shareholders will receive ... Read More »

Reliance Jio to Unveil Rs. 500 4G VoLTE Feature Phone on July 21: Report

HIGHLIGHTS Reliance Jio 4G feature phone said to cost Rs. 500 It is expected to be unveiled at RIL AGM on July 21 The feature phone may hit the market on August 15 The long-rumoured Reliance Jio 4G VoLTE feature phone may be unveiled at a price of Rs. 500 on July 21, the day Reliance Industries Limited is holding its 2017 ... Read More »