Lenders to Reliance Capital raise concerns over Rs 7,300 cr debt mobilisation by IIHL
Lenders to debt-ridden Reliance Capital (RCAP) have raised concerns regarding the term sheet provided by the Hinduja Group firm IIHL...
Hinduja Group
Anil Ambani group moves NCLT to restrain IIHL from using Reliance brand name
Anil Dhirubhai Ambani Ventures Pvt Ltd (ADAVPL), a Reliance Group company, has filed an interim application in the NCLT, seeking...
Expedite approvals for implementation Reliance Capital resolution plan: NCLT to regulators
The National Company Law Tribunal on 12 August 2024 directed the regulators like Reserve Bank of India (RBI) and Sebi...
A lowdown on IIHL’s Rs 9,661 crore resolution plan for Reliance Capital
The resolution plan submitted by IndusInd International Holdings Ltd (IIHL) for Reliance Capital proposes to pay Rs 9,661 crore against...
NCLT approves Rs 9,661 cr IIHL resolution plan for Reliance Capital
The Mumbai bench of the National Company Law Tribunal (NCLT) has approved the Rs 9,661 crore resolution plan submitted by...
IRDAI objects to Reliance General Insurance proposal to transfer 25% shared to Hindujas
In yet another setback to the Hinduja Group, the Insurance Regulatory and Development Authority of India (IRDAI) has objected to...
Reliance Capital resolution at risk as IRDAI rejects IIHL’s proposal to pledge insurance arm shares
After the insurance regulator --IRDAI -- rejected Hinduja Group-led IIHL's proposal to raise funds for the Reliance Capital acquisition by...
Torrent moves SC against approval of Reliance Capital resolution plan
After its plea to stay the approval of Reliance Capital's resolution plan was rejected by the NCLT on 1 October,...
Hinduja Group to raise $1.5 bn to fund Reliance Capital buyout
Hinduja group-owned IndusInd International Holdings (IIHL) announced a $1.5 billion capital raising plan. The plan will increase IIHL's holding in...
Reliance Capital lenders approve IIHL resolution plan with 99.6% votes
The long-drawn insolvency resolution process of Reliance Capital got further close to a closure on 29 June. The lenders of...