Hinduja Group's IIHL buys 60% stake in Invesco India Asset Management
This is the second major deal by IIHL in recent times as its bid for acquisition of Reliance Capital and its subsidiaries was recently approved by NCLT.
This is the second major deal by IIHL in recent times as its bid for acquisition of Reliance Capital and its subsidiaries was recently approved by NCLT.
IndusInd International Holdings Ltd (IIHL), the Hinduja Group firm, had submitted the highest bid of ₹9,650 crore to take over debt-ridden Reliance Capital
Hinduja group firm IndusInd International Holdings will also use capital to fund its proposed acquisition of Reliance Capital.
The NCLT has asked to the lenders to delay the new auction for completing the hearing.
Anil Kumar Aggarwal, MD & CEO, Shriram General Insurance says said the company plans to benefit from KKR's global insurance expertise and experience in taking Indian companies to the next level
The share of this Anil Ambani Group company has rallied despite reporting net losses in the last four quarters.
Central bank to approach NCLT for start of resolution process
More than 56% of the 1,942 listed companies in India generated a positive CAGR between 2010 and 2019.