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Targeting $50 bn valuation for IIHL's BFSI portfolio by 2030; hopeful of quick IRDAI nod for RCap buyout: Ashok Hinduja

IIHL is awaiting the green signal from the insurance sector regulator IRDAI for the Rs 9,661 crore Reliance Capital acquisition ....

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IIHL targets $50 billion in valuation post Reliance Capital and Invesco Mutual Fund buys

IIHL is yet to get a nod from insurance watchdog Irdai for its Rs 9,650-crore acquisition of Reliance Capital. IIHL said it will be able to pay the sum it has bid for within 48 hours of the Irdai nod and complete the deal. ....

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IIHL yet to get Irdai nod on RCAP deal, tied up Rs 7,500 cr from banks for acquisition: Ashok Hinduja

IIHL awaits Irdai approval for Rs 9,650-crore Reliance Capital acquisition, ready to pay promptly. NCLT deadline nears with funding secured. Plans include Nippon collaboration, health insurance launch, and Afrinex listing aspiration. ....

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RCAP lenders urge Hinduja Group arm to stick to resolution plan deadline

Concerned over slow progress, the lenders of debt-ridden Reliance Capital (RCAP) have asked the Hinduja Group arm, IndusInd International Holdings Ltd, to expedite the process of obtaining necessary regulatory approvals and stick to the resolution plan deadline of May 27.

In a meeting held in ....

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Rel Cap IndusInd: Reliance Capital lenders urge Hinduja Group arm to stick to resolution plan deadline

Lenders of Reliance Capital urge IndusInd International Holdings Ltd (IIHL) to accelerate regulatory approvals for the resolution plan, emphasizing the May 27 deadline. IIHL is expected to pay Rs 9,650 crore by then. Delays in IRDAI approval for the transfer of insurance businesses raise concerns over meeting deadlines. ....

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