Anil Ambani’s Reliance Capital secured a buyout offer of Rs 9650 crore from IIHL a few months ago. Hinduja Group’s firm has now received clearance from SEBI, CCI (Competition Commission of India) and RBI.
Share Market Highlights 06 May 2024: Sensex, Nifty close flat amidst volatility, IT stocks rise thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Ready to conclude RCap deal post IRDAI approval: Ashok Hinduja thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
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.
Invesco Mutual Fund s case pertains to a SEBI investigation about alleged inter-scheme transfers and the breakdown of the Chinese wall between its Indian MF mutual fund and portfolio management services businesses, during the debt fund crisis of 2018-2020.