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IndusInd promoter company to raise stake in bank to 26%

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.

Ashok hindujaAnil ambaniNippon groupNational company law tribunalIndusind international holding ltdSupreme courtIndusind bankInvesco asset management india ltdIndusind international holdingHinduja groupInsurance regulatory development authority of indiaInd international holding ltdReserve bankReliance capitalInvesco asset management indiaTorrent investment

Bupa looks to raise stake in health joint venture

Bupa is likely to pick up as much as 15-20% stake from True North, at a valuation of ₹11,000-12,000 crore, the sources said. Bupa currently holds a 44.42% stake in the health insurer. Indian insurance sector regulations permit foreign investors to hold up to 74% stake in an insurance company.

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M&G Faces Questions on Macquarie s Reported Interest at Its 2022 Results

M&G Faces Questions on Macquarie s Reported Interest at Its 2022 Results
morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.

United kingdomCity ofAndrew bakerRichard herbertBegbies traynor eddisonsTaylor wimpeyBegbies traynor groupSpire healthcare groupAukett swanke groupGrafton groupHotel group discussingDow jones company incVertu motorsProfit rose after strong studios division performanceHire groupLondon stock exchange

FTSE 100 Closed Higher, Recovering From Earlier Weakness

FTSE 100 Closed Higher, Recovering From Earlier Weakness
morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.

United kingdomCity ofMichael hewsonRichard herbertBegbies traynor eddisonsTaylor wimpeyBegbies traynor groupSpire healthcare groupAukett swanke groupGrafton groupHotel group discussingDow jones company incVertu motorsProfit rose after strong studios division performanceHire groupLondon stock exchange

UK Gilt Yields Edge Lower After Eurozone Feb Inflation Data

UK Gilt Yields Edge Lower After Eurozone Feb Inflation Data
morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.

United kingdomCity ofBegbies traynor eddisonsTaylor wimpeyBegbies traynor groupSpire healthcare groupGrafton groupHotel group discussingDow jones company incVertu motorsProfit rose after strong studios division performanceHire groupLondon stock exchangeGreenx metals ltdCairn homesCoats group