The Hinduja Group has received the insurance regulator’s approval to conclude the acquisition of Reliance Capital’s (RCap) three insurance companies, a move that will help it complete the ...

The whole resolution plan seems like a mockery of the collective intelligence of India's bureaucracy, and banking and insurance officials since the Hinduja Group has proposed to pledge 100 per ...

According to sources familiar with the situation, the insurance regulator has granted approval for the Hinduja Group to acquire Reliance Capital's life, general, and health insurance businesses, with ...

Speaking with reporters here over the weekend, Hinduja said IIHL will be able to pay the sum it has bid for within 48 hours of the Irdai nod and complete the deal. With a little over three weeks to go ...

New entities were introduced in the transaction at the eleventh hour, just days ahead of expiry of RBI deadline. RCAP to issue debentures to raise funds for its own acquisition. Deadline extension ...

With a little over three weeks to go before the National Company Law Tribunal's May 27 deadline for executing the Rs 9,650 crore buy of RCAP comes to a close, Ashok Hinduja said the Mauritius ...

Lenders have refused to extend the deadline for repayment of Reliance Capital's dues by the Hinduja group, suspecting a deliberate attempt by the group to delay implementation of the resolution ...

Mumbai: The Insurance Regulatory and Development Authority of India (IRDAI) has approved the entry of a third Indian investor, holding 26% in Reliance Nippon Life, Reliance General and Reliance ...

Reliance Capital is the third large non-banking finance company against which the RBI has initiated bankruptcy proceedings under the Insolvency and Bankruptcy Code – after Dewan Housing Finance ...

A consortium of banks has given a letter stating they will provide the money within 48 hours of all approvals. (Image: Wikipedia) Hinduja Group, which recently received the crucial insurance ...