{"id":294467,"date":"2019-10-01T10:15:56","date_gmt":"2019-10-01T04:45:56","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=294467"},"modified":"2019-10-01T10:24:54","modified_gmt":"2019-10-01T04:54:54","slug":"anil-ambanis-rcap-to-exit-lending-business-stay-focused-on-insurance","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/anil-ambanis-rcap-to-exit-lending-business-stay-focused-on-insurance\/","title":{"rendered":"Anil Ambani&#8217;s RCap to exit lending business, stay focused on insurance"},"content":{"rendered":"<p>The annual general meetings (AGMs) of Anil Ambani group companies on Monday saw some shareholders raising concern on the significant fall in stock prices. The coming together of various factors, said Group Chairman Anil Ambani, had caused \u201ccollateral damage\u201d. <\/p>\n<p>Ambani said group companies have had to face challenges over the past six months due to a \u201ccombination of factors, whether it was the crisis in the financial services sector, irrational action by auditors and rating agencies or the now-recognised temporary slowdown\u201d of the economy. \u201cThese events, aided and abated by reckless selling and rumour mongering by vested parties, (have) affected the general public psychology, especially shareowners like you,\u201d he stated.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The annual general meetings (AGMs) of Anil Ambani group companies on Monday saw some shareholders raising concern on the significant fall in stock prices. The coming together of various factors, said Group Chairman Anil Ambani, had caused \u201ccollateral damage\u201d. Ambani said group companies have had to face challenges over the past six months due to a \u201ccombination of factors, whether it was the crisis in the financial services sector, irrational action by auditors and rating agencies or the now-recognised temporary slowdown\u201d of the economy. \u201cThese events, aided and abated by reckless selling and rumour mongering by vested parties, (have) affected [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-294467","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/294467","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=294467"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/294467\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=294467"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=294467"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=294467"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}