Reliance Capital Ltd (RLCP.NS)
Thu, Jun 13 2019
MUMBAI/BENGALURU Reliance Capital said on Thursday the observations of global audit firm PwC about its fiscal accounts were "completely baseless and unjustified", after PwC in a surprise move resigned earlier this week as the auditor of the non-banking financial company (NBFC).
BENGALURU, June 13 Reliance Capital Ltd said on Thursday the observations of PricewaterhouseCoopers (PwC) about its fiscal accounts were "completely baseless and unjustified", a day after the auditor withdrew from assessing the shadow bank's fiscal year 2018/19 accounts.
MUMBAI, June 12 Shares in Reliance Capital Ltd closed 6% lower on Wednesday after the non-banking finance company (NBFC) said its auditor had resigned, sparking worries about the financial health of another player in India's troubled shadow banking sector.
Feb 21 Reliance Capital Ltd said http://bit.ly/2GCzRVB on Thursday it had asked partner Nippon Life Insurance to buy its entire 42.88 percent stake in Reliance Nippon Life Asset Management Ltd.