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Bengaluru : The Hinduja family and Mr. Gopichand Hinduja, Chairman of The Hinduja Group, a 110-year-old multinational conglomerate with a multi-billion dollar turnover, have secured the Entrepreneur of the Year Award at Spear’s Awards 2023. The grand
The income tax department on Wednesday conducted a survey operation at Hinduja Global Solutions, an entity of the Hinduja Group, in Mumbai and some other cities, official sources said.
The Hinduja group is learnt to be looking at alternative means of financing, including private credit, to fund its Rs 9,661 crore all-cash offer to acquire Reliance Capital.
The regulator, Insurance Regulatory & Development Authority of India (Irdai), had earlier rejected the collateral offered by the group to raise funds.
The Hinduja group was in talks with Barclays, JPMorgan, Cerberus Capital Management and Apollo Global Management to raise up to $850 million.