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IRDAI objects to Hinduja Group pledging shares of insurance company to acquire Reliance Capital

Hinduja Group is in talks with offshore lenders to raise $800mn (Rs 6,660 crore equivalent) to acquire the finance company under the Insolvency and Bankruptcy Code, the people said. Lenders have unanimously voted in favour of a Rs 9,660-crore plan offered by IIHL in June.

Seibu : Notice Concerning Financing Through a Sustainability-linked Loan -September 29, 2023 at 02:12 am EDT

J-Pop Titan Johnny Kitagawa s Sex-Abuse Scandal, Explained

Johnny Kitagawa, who founded Japan’s top talent agency Johnny & Associates, launched the biggest J-pop boy groups to fame. For decades, he was also accused of sexually abusing boys and young men. Here’s what to know about the resurfaced allegations.

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