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HINDUJA GROUP BANKRUPTCY
Reliance Capital lenders move NCLAT over IIHL's payment delaySecured lenders of Reliance Capital sought the National Company Law Appellate Tribunal's intervention to include interest on delayed paymen...- NCLT directs IIHL to deposit an equity amount of Rs 2,750 crore in CoC designated accountOn Thursday, the bankruptcy court ordered Hinduja Group's IndusInd International Holdings (IIHL) to deposit Rs 2,750 crore into an escrow a...
- Reliance Capital lenders set out conditions to grant extension to HindujasLenders of Reliance Capital, promoted by Anil Ambani, have submitted an affidavit to the bankruptcy court stating conditions for granting a...
- Hinduja company taps Japanese banks to fund Reliance Capital buyJapanese banks may derive comfort from Reliance Capital's association with Nippon Life, a joint venture partner of the former, according to...
- NCLT set to pronounce ruling on Hinduja group's resolution plan for Reliance CapitalThe bankruptcy court in Mumbai is expected to announce its ruling on Tuesday regarding the application filed by the administrator of Relian...
- Hindujas eye $35-40 billion valuation of their BFSI businessThe Hinduja group is eying a valuation of $35-40 billion for its banking, financial services, and insurance (BFSI) business. Ashok Hinduja,...
- Brookfield, Cerberus, Deutsche Bank among lenders keen to fund Hindujas’ Reliance Capital bidWhile major lenders have offered term sheets of up to ₹6,000 crore, smaller funds have shown interest in providing loans ranging from ₹800 ...
- Lenders said to have approved Hinduja offer for Reliance Capital, could recover over Rs 10k-crLenders could recover more than ₹10,000 crore, or about 40% of verified claims, under the proposal from IndusInd International Holdings Ltd...
- Reliance Capital lenders fear recovery below liquidation valueLenders of bankrupt Reliance Capital fear their loan recovery could fall below the liquidation value of `12,500-13,000 crore for the financ...
- NCLT favours Torrent, rules against second auction for Reliance CapitalTorrent Investments had filed a plea on January 9, seeking the tribunal to quash the lenders' plans to hold a fresh auction for the takeove...
- Torrent vs Hinduja fight for Reliance Capital may reach NCLAT doorsThe bankruptcy court Thursday allowed an application filed by Torrent Investments challenging the lender's decision to hold a second auctio...
- NCLT extends the status quo in the Reliance Capital case until further orderThis follows last week’s order of the bankruptcy court to maintain the status quo until January 23, in the matter, including deferring to t...
- Lenders to meet on Tuesday to discuss bids for Reliance Capital's acquisitionIn an e-auction conducted under the Challenge Mechanism, Torrent had presented a resolution plan for Reliance Capital Ltd (RCL) with a net ...
- Synergy, Delhi-based firm show interest in Jet AirwaysSynergy owns majority shares in airlines including Colombian carrier Avianca Holdings. The conglomerate had last time submitted an expressi...
- Hinduja brothers preparing bid for Jet AirwaysThe U.K.-based group, run by brothers Gopichand Hinduja and Ashok Hinduja, plans to submit an expression of interest by the Jan. 15 deadlin...
- Jet Air jumps 5% as Hinduja brothers likely to bid for airlineHinduja is seeking a partner to bid, one of the people told Bloomberg.
- Jet plunges 13% as Hinduja, Etihad unlikely to rescue airlineShares of Jet Airways traded 11 per cent down at Rs 111.95 on BSE.
- Jet Airways shares plunge nearly 15%At NSE, shares plunged 14.82 per cent to hit one-year low of Rs 106.30.
- Billionaire GP Hinduja blames PE funds for India’s bad debt problemHinduja claimed that the group was thriving due to its approach to form partnerships with people in various countries.
- Investments in emerging nations to revive global eco: HindujaViewing the economic crisis as just a "trailer to the real movie", NRI industrialist S P Hinduja has said the billions in bailouts by gover...
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