Reliance Capital was the last big bastion to fall in Anil Ambani’s business empire. Once competing with the likes of ICICI and HDFC, it has been, for the last year, languishing in India’s bankruptcy court. The complex resolution process is a two-horse race between Gujarati pharma giant Torrent Group and auto-hospitals-banking conglomerate Hinduja Group. The prize is RCap’s lucrative insurance business with assets worth Rs 56,000 crore.
Host Anirban Chowdhury traces the rise with, Sudip Bandyopadhyay, Group Chairman of Inditrade Capital and Former MD of Reliance Money, the fall and challenges with ET’s Senior Editor, Sangita Mehta and the opportunities with G Chokkalingam, Founder of Equinomics Research & Advisory and ET’s Associate Editor, Sugata Ghosh. Credits: CNBC-TV18 1, CNBC-TV18 2, Business Standard, CNBC-TV18 3, CNBC-TV18 4, CNBC-TV18 5, CNBC-TV18 6, Reliance Capital