Banks get taken for a ride in FRL-Reliance deal + TruJet’s days are numbered
Lenders’ hopes of recovering their dues get hit for a six with Reliance taking control of over 900 stores + Lessors begin taking back aircraft from Hyderabad-based TruJet.
21 April, 2022•10 min
0
21 April, 2022•10 min
0

More in Business
Business
Exclusive: Sunil Munjal invokes shares in Bira-linked entity
In another blow, founder Ankur Jain stands to lose further control over his troubled beer brand.
You may also like
Business
Akasa Air finally gets some wind in its tail
The Vinay Dube-led airline is now the third-largest in terms of revenue and on course to hit a major milestone, although some concerns remain.
Internet
How Reliance’s $180 million bet on Embibe came to naught
The edtech company was supposed to be the conglomerate’s answer to India’s education crisis. Seven years and $180 million later, the AI-powered startup has quietly vanished into corporate obscurity.
Business
An uneventful Reliance AGM that could not have been otherwise
Everyone seems to be disappointed with the company’s annual general meeting. With hands full and businesses that need further nurturing, this was not the time for big-bang announcements. And so it was.








