Searched for
IIHL ACQUISITION OF RCAP
IndusInd International Holdings completes acquisition of Reliance Capital; mgmt transfer to take place on WednesdayIndusInd International Holdings Ltd (IIHL) has completed its acquisition of Reliance Capital (RCAP) by transferring the bid amount to lende...- NCLT gives all parties 8 days to complete procedural issues for ownership transfer of RCAP to IIHLThe NCLT has granted an additional eight days to complete procedural issues for the ownership transfer of Reliance Capital to IndusInd Inte...
- NCLT asks RCAP lenders to complete all procedural issues by Mar 12 for ownership transfer to IIHLThe NCLT has directed lenders and the monitoring committee to complete all pending procedural formalities by March 12 for IndusInd Internat...
- Delisting Reliance Capital one of last milestones towards acquisition by IIHL: Ashok HindujaIndusInd International Holdings Ltd has approached the bourses for the delisting of Reliance Capital's shares as part of its resolution pro...
- 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...
- Hinduja Group firm hopes to take over RCAP by Jan-end; triple fin services biz to USD 50 billion in 5 yearsHinduja Group's IIHL anticipates finalizing the Reliance Capital acquisition by January, aiming to triple its BFSI business to USD 50 billi...
- DPIIT gives nod to Hinduja Group firm IIHL for acquisition of Reliance CapitalThe Department for Promotion of Industry and Internal Trade (DPIIT) has approved the Hinduja Group's acquisition of the debt-laden Reliance...
- Hinduja Group needs DPIIT nod, too, for Reliance Capital buyThe Hinduja Group got approval from the Reserve Bank of India to buy Reliance Capital. The deal still needs a green light from the Departme...
- Reliance Capital Insolvency: NCLAT notice to IIHL on CoC plea for interest for extended time & forfeitureThe NCLAT has issued a notice to IndusInd International Holdings Ltd over a plea by Reliance Capital's lenders seeking interest on delayed ...
- 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...
- Hinduja Group firm IIHL to raise Rs 3,000 crore via NCDsThe central bank had appointed Nageswara Rao Y as the administrator, who invited bids in February 2022 to take over the company.The proceed...
- Hindujas' acquisition of RCap hits tax dues hurdleIndusInd International Holdings' ₹9,861-crore acquisition of Reliance Capital faces a new hurdle as the company seeks to adjust over ₹1,000...
- Lenders to RCAP accuse IIHL of using delaying tactics, company denies allegationsLenders to debt-laden Reliance Capital have accused Hinduja Group's IIHL of delaying the resolution plan approved by NCLT for Rs 9,861 cror...
- Lenders to Reliance Cap raise concerns over Rs 7,300 cr debt term sheet offered by IIHLLenders to debt-laden Reliance Capital expressed concerns over the term sheet provided by IIHL for Rs 7,300 crore debt mobilisation, citing...
- Hinduja rejigs fundraise plan for Reliance Capital dealHinduja Group, the winning bidder for Reliance Capital, is reworking its fundraising plan to raise ₹7,500 crore from domestic and overseas ...
- 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) ...
- 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...
- 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...
- Irdai rejection raises more questions for Hinduja-led IIHL on source of funds for RCAP acquisitionThe Administrator of debt-ridden Reliance Capital (RCAP) has raised concerns about the source of funds and business plan with IndusInd Inte...
- 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...
Load More
