Reliance Nippon Life starts negotiation with IndusInd Bank on bancassurance tie upReliance Nippon Life Insurance and IndusInd Bank are discussing a partnership. IIHL's acquisition of RCAP is almost complete. This partners...
18 Dec, 2024, 06.46 PM IST
IIHL to seal RCap buy by January, focus on growth: Ashok HindujaHinduja confirmed that IIHL has secured all necessary regulatory approvals and completed the fund-raising process. The de-listing of Relian...
16 Dec, 2024, 06.02 AM IST
Hinduja Group ready to pay Rs 2,750 crore now for Reliance Capital resolution, files intervention application before NCLTIn an email communication from IIHL’s CEO, Moses John, to RCap administrator Nageswara Rao, IIHL emphasized the need to complete multiple a...
30 Jul, 2024, 10.19 PM IST
IIHL plans to borrow Rs 4,300 crore via NCDs for Reliance Cap buyIIHL seeks ₹ 4,300 crore NCD issue for Reliance Capital acquisition. Managed by RBI's Nageswara Rao Y under IBC, with NCLT approving ₹ 9,65...
11 Jul, 2024, 07.47 AM IST
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...
13 May, 2024, 05.44 AM IST
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...
12 May, 2024, 05.32 AM IST
Irdai gives in-principle nod for Hinduja Group-led IIHL bid for Reliance Capital takeoverThe Insurance sector regulator IRDAI has conditionally approved Hinduja Group's IndusInd International Holdings Ltd (IIHL) for the acquisit...
11 May, 2024, 06.23 PM IST
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) ...
07 May, 2024, 07.21 PM IST
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...
06 May, 2024, 05.32 AM IST
IRDAI nod likely soon for IIHL's buyout of Reliance Capital's three insurance armsIRDAI expected to approve IndusInd International Holdings' acquisition of Reliance Capital's 3 insurance companies. NCLT endorsed IIHL's ₹9...
02 May, 2024, 01.08 AM IST
Reliance Capital lenders urge Hinduja Group arm to stick to resolution plan deadlineLenders of Reliance Capital urge IndusInd International Holdings Ltd (IIHL) to accelerate regulatory approvals for the resolution plan, emp...
28 Apr, 2024, 04.05 PM IST
IRDAI raises concern over Hinduja Group-led IIHL bid for Reliance CapitalIRDAI raises concerns over IndusInd International Holdings' (IIHL) resolution plan for Reliance Capital, citing deviations from insurance r...
07 Apr, 2024, 03.40 PM IST
Bourses give 'prior nod' for change in Reliance Securities' ownershipThe brokerage had sought approvals from the bourses for transferring shares owned by existing promoter Reliance Capital to Aasia Enterprise...
03 Apr, 2024, 06.02 AM IST
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...
28 Dec, 2023, 12.36 PM IST
RBI directs Reliance Capital's acquiring company IIHL BFSI (India) to maintain arm's length distance from IndusInd parentThis is one of the conditions that the banking regulator stipulated while granting no objection to the transfer of management control of Re...
20 Nov, 2023, 02.35 PM IST
IRDAI objects to Hinduja Group pledging shares of insurance company to acquire Reliance CapitalHinduja Group is in talks with offshore lenders to raise $800mn (Rs 6,660 crore equivalent) to acquire the finance company under the Insolv...
14 Oct, 2023, 10.28 PM IST
IRDAI objects to IndusInd Holdings' pledging plan to buy Reliance CapHinduja Group is in talks with offshore lenders to raise $800 m (₹6,660 crore equivalent) to acquire the finance company under the Insolven...
14 Oct, 2023, 09.42 AM IST