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IndusInd Bank stock gains as promoter company IIHL poised to hike stake to 26% from 16%

In April last year, RBI had given in-principle approval to IIHL to increase its stake in the bank to a maximum of 26 percent

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Hinduja group s IIHL to raise stake in IndusInd Bank in multiple tranches

IIHL, an investment arm of the Hinduja brothers, aims to improve valuation of its investment to $50 billion by 2030. IIHL has already received RBI nod to raise its state in IndusInd Bank to 26%. The investment arm also plans to grow life and non-life businesses, start its health insurance operations and will retain Reliance Securities and ARC businesses.

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Anil Ambani s debt-ridden Reliance may lose three companies soon, Rs 96500000000 deal to…

Lenders to Anil Ambani’s Reliance said the company will have to pay them Rs 9650 crore by the said date.

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RCap lenders seek upfront Rs 9,650 crore cash payment at the earliest

RCap lenders seek upfront Rs 9,650 crore cash payment at the earliest
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RCAP lenders urge Hinduja Group arm to stick to resolution plan deadline

Concerned over slow progress, the lenders of debt-ridden Reliance Capital (RCAP) have asked the Hinduja Group arm, IndusInd International Holdings Ltd, to expedite the process of obtaining necessary regulatory approvals and stick to the resolution plan deadline of May 27. In a meeting held in

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