IRDAI expected to approve IndusInd International Holdings acquisition of Reliance Capital s 3 insurance companies. NCLT endorsed IIHL s ₹9,650 crore resolution plan for Reliance Capital. Hinduja Group s Aasia Enterprises aids in equity infusion.
India Business News: The National Company Law Tribunal has approved the Rs 9,650-crore resolution plan submitted by Hinduja's IndusInd International Holdings for bankrupt Reliance Capital. Get all the details here.
Reliance Nippon: The company has leased the office space from the landlord Adani Realty for a total tenure of five years. The agreement includes a lock-in period for the tenant for the entire term of the lease.
The company has leased the office space from the landlord Adani Realty for a total tenure of five years. The agreement includes a lock-in period for the tenant for the entire term of the lease. Reliance Nippon Life Insurance has renewed the lease with rental at Rs 219 per sq ft a month. Rentals in the vicinity currently hover around Rs 220 to Rs 230 per sq ft a month.