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The Latest Breaking News from Religare

A Jigsaw Puzzle: Why Reliance Jio's IPO buzz isn’t saving RIL stock from a painful year?

Reliance Industries is gearing up for the highly anticipated Jio Platforms IPO, which is expected to generate significant capital. Despite this, recent declines in RIL shares reveal a cautious mood among investors about potential future gains. Analysts note that although the IPO could establish Jio's market valuation, immediate advantages for…

The Economic Times · Oct 14

Jio IPO may trigger Reliance’s next big re-rating. Why Religare sees 47% upside

Reliance Industries could see a valuation re-rating as Jio Platforms’ proposed Rs 30,000 crore IPO brings greater transparency to its digital business. Religare has a target price of Rs 1,696 on the stock, implying 46.7% upside from its current market price.

The Economic Times · Oct 13

Ace investor Ashish Dhawan picks up 35 lakh shares in Religare Enterprises; stock jumps 5%

Ace investor Ashish Dhawan bought nearly 35 lakh shares of Religare Enterprises across two sessions, according to NSE bulk deal data, sending the stock higher. Dhawan purchased 18 lakh shares on August 28 and another 16.98 lakh shares on August 31. Religare Enterprises also reported a 26% rise in Q1…

The Economic Times · Sep 1

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Delhi Court charges Malvinder, Shivender Singh for fraud, conspiracy

A Delhi Court on Thursday pronounced charges against Religare promoters Malvinder Mohan Singh and Shivender Mohan Singh for cheating and criminal conspiracy.

Dynamite News · Jan 17, 2025

ED attaches ₹124.57-crore assets in Religare Finvest Limited case

TReligare Finvest Limited case: The properties are in the form of land and farmhouse(s) located in the posh areas of Gurugram and Delhi.

The Hindu · Mar 26, 2024

Siphoning of RFL funds: Supreme Court dismisses interim bail plea of Shivinder Mohan Singh

The Supreme Court on March 16 dismissed the plea for interim bail of former Fortis Healthcare promoter Shivinder Mohan Singh who along with others is accused of misappropriating ₹2,397 crore of Religare Finvest Ltd. (RFL) funds.

The Hindu · Mar 16, 2022

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