Earlier this month, Reliance Capital submitted an application for the resolution plan of IndusInd International Holdings Ltd (IIHL), the investment arm of the Hinduja Group, with the National Company Law Tribunal (NCLT).
Chief Minister Basavaraj Bommai-led BJP government in Karnataka on Sunday constituted a Tender Scrutiny Committee headed by retired High Court judge Rathnakala to bring transparency and curb irregularities in the tendering process.
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