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IIHL receives Rs 50,000 crore offer from abroad for acquisition of Reliance Capital

IIHL receives Rs 50,000 crore offer from abroad for acquisition of Reliance Capital

[ad_1] Reliance Capital: Hinduja Group company IndusInd International Holding Limited (IIHL) has received an offer of Rs 50,000 crore from major foreign lenders for the acquisition of Reliance Capital in the recently concluded auction. Let us tell that IIHL has made an advance cash offer of 9650 crores to buy Reliance Capital. Apart from Hinduja, … Read more

Second auction of Anil Ambani’s Reliance Capital postponed once again, no new date announced

Second auction of Anil Ambani's Reliance Capital postponed once again, no new date announced

[ad_1] New Delhi : Lenders have postponed the second round of auction of debt-ridden Anil Ambani’s Reliance Capital (RCL) to be held on Tuesday. According to media reports quoting sources, the Committee of Creditors (CoC) had scheduled the second online auction for RCL on April 11, but it has been postponed for the time being. … Read more