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IRDAI s okay for stake sale in RCap s insurance arms a step towards resolution

The IRDAI gave its approval for a 26 percent stake sale in Reliance Capital including in Reliance General Insurance Company, Reliance Nippon Life Insurance Company (RNLIC), and Reliance Health Insurance to the Hinduja Group.

Cong yet to field name for bastion Khammam

With just three days left for the closure of nominations for the general elections in Telangana, the Congress party is yet to finalise its candidate for Khammam parliamentary constituency, considered to be a bastion of the grand old party | Latest News India

Anil Ambani s debt-ridden Reliance Capital deal hits roadblock, Rs 96500000000 bid now…

Reliance Capital Hinduja: IRDAI raises concern over Hinduja Group-led IIHL bid for Reliance Capital

IRDAI raises concerns over IndusInd International Holdings (IIHL) resolution plan for Reliance Capital, citing deviations from insurance regulations. Questions arise over IIHL s equity infusion, debt-raising plans, and ability to meet future capital needs. The regulator also seeks clarity on FDI limits and acquisition structure. IIHL s Rs 9,650-crore resolution plan for Reliance Capital was approved by NCLT in February 2024

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