NCLT directs Hinduja Group to complete Reliance Capital acquisition by February 25The National Company Law Tribunal directed IndusInd International Holdings Limited to complete the acquisition of Reliance Capital by Febru...
10 Feb, 2025, 10.08 PM IST
IndusInd International to raise Rs 4,300 crore to complete Reliance Capital takeoverThe Hinduja Group investment firm is offering an annual return, or coupon rate, of 15% on the NCDs, which will be secured against Reliance ...
20 Dec, 2024, 06.06 AM 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
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 ...
13 Sep, 2024, 04.25 PM IST
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...
10 Sep, 2024, 03.07 PM 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
Reliance Cap resolution: NCLT to hear IIHL plea for deadline extension on June 20The National Company Law Tribunal (NCLT) will hear a plea from Hinduja Group firm IIHL on June 20 for an extension of the deadline to compl...
13 Jun, 2024, 08.00 PM 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
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
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...
05 May, 2024, 07.53 PM IST
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,...
25 Oct, 2023, 05.51 PM IST
Reliance Capital insolvency: NCLT rejects Torrents's plea, to hear Hinduja's resolution plan approval on September 26The matter was listed for hearing on Tuesday before the insolvency tribunal, however, it has now been adjourned to September 26. The NCLT s...
13 Sep, 2023, 08.23 PM IST
Hindujas look to raise up to $1b to finance Reliance Capital acquisitionThe Hinduja family is reportedly exploring raising up to $1bn to fund its acquisition of Reliance Capital, for which it is the preferred bi...
12 Jul, 2023, 09.05 AM IST
No deviation in inviting 'challenge mechanism', RCap lender to NCLATLenders of Reliance Capital on Friday submitted before the insolvency appellate tribunal NCLAT that there was no deviation from procedures ...
10 Feb, 2023, 06.42 PM IST
IndusInd promoters convert warrants, invest over Rs 2000 crIndusInd Bank promoters IndusInd International Holdings Ltd (IIHL) have converted warrants in the bank at a 60% premium to Tuesday’s closin...
18 Feb, 2021, 09.37 AM IST
IndusInd promoters raise funds to hike stake in bankThe company will redeem the balance of 75 per cent of the warrants at the price of Rs 1,709 per share, aggregating to Rs 2,021.45 crore.
17 Feb, 2021, 01.49 PM IST
Hindujas may list IndusInd parent IndusInd International HoldingsHindujas are poised to announce a cyber security joint venture with a US tech major to tackle the opportunities presented by the proliferat...
07 Apr, 2017, 11.19 AM IST