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This is one of the conditions that the banking regulator stipulated while granting no objection to the transfer of management control of Reliance Capital to IIHL BFSI (India) – a wholly owned subsidiary of IIHL, according to a communication sent by the RBI to Reliance Capital and reviewed by ET.
Hinduja Group firm IndusInd International Holdings Ltd had emerged as the highest bidder for Reliance Capital in an insolvency proceeding to recover unpaid loans
Best Media Info: He will continue as the Chief Executive Officer of the Media and Communications division at HGSL, including the portfolio ranging from digital television via satellite (HITS) and cable to broadband, c| Marketing News
Best Media Info: NXTDigital’s Board has also announced November 23 (close of business), as the record date for the names of the shareholders who will become eligible for shares to be issued by HGSL pursuant to the s| Digital News
Nxtdigital has announced that the company’s rights issue of equity shares of two shares for every five shares held in the company (aggregating a total of 96,20,463 shares) which closed on 29 November was subscribed 1.94 times.