Hindujas' RCap buy faces further delay

Mauritius-based IndusInd International Holdings and other Hinduja group entities are expected to make payments worth Rs 9,661 crore for the acquisition of bankrupt Reliance Capital (RCap) only......

Hinduja group firm gets conditional nod to acquire RCap

Insurance sector regulator IRDAI has given conditional approval to Hinduja Group firm IndusInd International Holdings Ltd (IIHL) for the takeover of debt-ridden Reliance Capital. Photograph: Kind......

Hindujas tap private credit, foreign banks for RCap buy

The Hinduja group is learnt to be looking at alternative means of financing, including private credit, to fund its Rs 9,661 crore all-cash offer to acquire Reliance Capital. Photograph: Courtesy,......

RCap auction postponed to April 11 even as Torrent pursues litigation

Lenders fix Rs 9,000 cr as floor price; Torrent may participate, but it will be subject to SC decision on its petition, which will be heard in August. Dev Chatterjee reports. Photograph: Francis......