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IIHL MAURITIUS
IndusInd promoter IIHL Mauritius buys 100% stake in Sterling Bank, BahamasIndusInd International Holdings Ltd has finalized its acquisition of Sterling Bank in the Bahamas. This follows their initial 51% stake pur...- Invesco Mutual Fund gets Sebi nod for 60% stake transfer to IIHLInvesco Mutual Fund has received market regulator Sebi approval to transfer a controlling 60 per cent stake to IndusInd International Holdi...
- IndusInd Holdings to raise ₹800 cr for Invesco MF buyIndusInd International Holdings (IIHL), backed by the Hinduja Group, seeks to raise ₹800 crore from Standard Chartered and other funds for ...
- Reliance Capital applies for delisting sharesMauritius-based IndusInd International Holdings (IIHL) emerged as the successful suitor with a bid of ₹9,650 crore for the resolution of RC...
- DPIIT approves RCap's acquisition by IndusInd International HoldingsThe Department for Promotion of Industry and Internal Trade (DPIIT) has given the green light to the ₹10,000-crore acquisition of Reliance ...
- IndusInd Intl to raise Rs 3,000 cr via NCDs to fund Reliance Capital buyoutIndusInd International Holdings plans to raise ₹3,000 crore through non-convertible debentures to finance its acquisition of Reliance Capit...
- Reliance Group moves NCLT to restrain IIHL from using 'Reliance' brand nameAnil Dhirubhai Ambani Ventures Pvt Ltd (ADAVPL) sought NCLT's intervention to stop IIHL from using the 'Reliance' brand upon implementing R...
- NCLT to hear Reliance Capital-IIHL resolution case on Wednesday, expected to issue direction to partiesThe Mumbai bench of NCLT was expected to consider an application from Reliance Capital's Administrator, urging IIHL to implement a resoluti...
- IIHL fails to deposit money as per NCLT order, RCAP admin tells tribunal; IIHL denies contempt chargeThe administrator of Reliance Capital claimed IIHL did not comply with a tribunal's order by placing funds in incorrect accounts. IIHL stat...
- IIHL seeks RBI approval to pledge 100% of RCap's sharesIndusInd International Holdings (IIHL), a holding company of IIHL BFSI (India), received the NCLT nod to buy the financial services firm fo...
- Hindujas get Irdai nod for buying Reliance Capital business; conditions applyAccording to sources familiar with the situation, the insurance regulator has granted approval for the Hinduja Group to acquire Reliance Ca...
- IndusInd sets itself a new Rs 4.2 lakh crore target, eyes 2030 timelineUnder the new plan, IIHL is looking to set up a banking, financial services, and insurance portfolio worth $50 billion (Rs 4.2 lakh crore) ...
- IndusInd promoter company to raise stake in bank to 26%IIHL, an investment arm of the Hinduja brothers, aims to improve valuation of its investment to $50 billion by 2030. IIHL has already recei...
- IIHL yet to get Irdai nod on RCAP deal, tied up Rs 7,500 cr from banks for acquisition: Ashok HindujaIIHL awaits Irdai approval for Rs 9,650-crore Reliance Capital acquisition, ready to pay promptly. NCLT deadline nears with funding secured...
- IIHL to partner with Invesco, pick up 60 pc stake in AMC arm; Ashok Hinduja says partnership with Invesco is aligned with its business philosophyIndusInd International Holdings partners with Invesco to acquire majority stake in Invesco Asset Management India, reinforcing its position...
- IRDAI seeks more details from IIHL to approve deal for Reliance Capital's insurance businessDated March 20, the letter by the Insurance Regulatory and Development Authority of India (IRDAI) was in response to a request by administr...
- CCI clears IndusInd International Holdings Ltd-Reliance Capital dealIn July, Hinduja group-owned IndusInd International Holdings (IIHL), the promoter of IndusInd Bank, announced a USD 1.5-billion capital-rai...
- 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,...
- IndusInd Bank holding co to raise $1.5 bn to fund RCap buy, increase stake in lender to 26 pcIIHL had made the highest cash offer of Rs 9,661 crore in the auctions and secured as much as 99 per cent of the lenders' votes. The bid al...
- Indusind Bank's Hindujas welcome RBI move to up promoter holding to 26%The RBI on Friday came out with revised guidelines on private sector banks, allowing for 26 % promoter ownership but did not go ahead with ...
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