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Irdai rejection raises more questions for Hinduja-led IIHL on source of funds for RCAP acquisition

The Administrator of debt-ridden Reliance Capital (RCAP) has raised concerns about the source of funds and business plan with IndusInd International Holdings Ltd (IIHL), the successful bidder for acquiring RCAP. The letter followed the rejection by the Insurance Regulatory and Development Authority of India (Irdai) of IIHL s proposal to raise funds through a pledge over the shares of Reliance General ....

Nageswara Rao , Srei Group , Development Authority Of India Irdai , Dewan Housing Finance Corporation , Indusind International Holdings Ltd , Hinduja Group , Reliance Capital , Insurance Regulatory , Development Authority , Reliance General Insurance , Reliance Nippon Life Insurance , Reserve Bank , Corporate Insolvency Resolution Process , Hinduja Led Iihl ,

Irdai rejection raises more questions for Hinduja-led IIHL on source of funds for RCAP acquisition

Irdai rejection raises more questions for Hinduja-led IIHL on source of funds for RCAP acquisition
businesstelegraph.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstelegraph.co.uk Daily Mail and Mail on Sunday newspapers.

Nageswara Rao , Indusind International Holdings Ltd , Srei Group , Dewan Housing Finance Corporation , Development Authority Of India Irdai , Hinduja Group , Reliance Capital , Insurance Regulatory , Development Authority , Reliance General Insurance , Reliance Nippon Life Insurance , Reserve Bank , Corporate Insolvency Resolution Process ,

Acquisition of RCap: Hinduja-led IIHL in a fix after setback from Irdai

Acquisition of RCap: Hinduja-led IIHL in a fix after setback from Irdai
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.

Nageswara Rao , Dewan Housing Finance Corporation , Development Authority Of India Irdai , Srei Group , Hinduja Group , Indusind International Holdings Ltd , Reliance Capital , Insurance Regulatory , Development Authority , Reliance General Insurance , Reliance Nippon Life Insurance , Reserve Bank , Corporate Insolvency Resolution Process ,

"SMEs' active involvement in India's infrastructure realm holds immense significance" : Hemant Kanoria -

Hemant Kanoria, former chairman, Srei Group ....

West Bengal , Anupam Shrivastava , Hemant Kanoria , Srei Equipment Finance Ltd , Srei Infrastructure Finance Ltd , Srei Group , National Company Law Tribunal , National Company Law Appellate Tribunal , Reserve Bank , Republic World ,

IMC constituted to supervise NARCL resolution plan for Srei group firms

As per the approved resolution plan, it said, "an implementation and monitoring committee has been constituted (IMC), which is inter alia empowered to supervise the implementation of the Approved Resolution Plan and oversee the management of the affairs of the Companies as per the terms of the Approved Resolution Plan". ....

West Bengal , National Company Law Tribunal , National Asset Reconstruction Company Ltd , Srei Equipment Finance Ltd , Srei Infrastructure Finance Ltd , Srei Equipment Finance , Approved Resolution Plan , Approved Resolution , Infrastructure Finance Ltd , Reserve Bank , Srei Group , Srei Companies , Nclt Srei ,