IIHL completes acquisition of Reliance Capital, insurance units of debt-ridden firm to be listed in 2-3 years
IndusInd International Holdings Chairman Ashok Hinduja on Tuesday announced the acquisition of Reliance Capital, completing the three-year-long resolution process of the debt-ridden company.
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Kerala Sports minister confirms Lionel Messi’s visit; says centre and RBI have approved
Earlier, he had announced that the Argentina national football team, led by Messi, would travel to Kerala this year for an ...
IndusInd Bank shares in focus after Ashok Hinduja says no fresh capital sought; calls it an ‘opportune time’ for promoters to raise stake
IIHL, the investment arm of the Hinduja Group, recently obtained in-principle approval from the Reserve Bank of India (RBI) ...
IndusInd Bank’s black box moment: What investors must decode before buying the stock
The recent IndusInd Bank saga brings to mind an important lesson from aviation —one that could help investors avoid financial ...
US Fed likely to stand pat on interest rates, economic projections to steer market sentiment
US inflation cools, jobs data disappoints, raising stakes for Fed’s policy trajectory as concerns of a US recession amid ...
Stop masking complaints as requests: RBI governor to banks
Reserve Bank of India (RBI) governor Sanjay Malhotra has pulled up banks and financial institutions for masking customer ...
Daily Voice: US economy may see mild slowdown but deep recession appears unlikely, says LIC MF's Nikhil Rungta
The impact of new tariffs and a potential dip in consumer spending may be key factors in determining the actual risk level ...
Sensex surges over 1,100 pts on global upswing, Re gains
Better Domestic Macro Indicators Also Contribute To RallyMUMBAI : Equity markets rebounded on Tuesday, with sensex gaining ...
Bad news for Anil Ambani, Reliance Capital slips out of his hands due to…taken over by…, what will happen to its 1.28 lakh employees?
The company will will conduct a comprehensive review of the entire Reliance Capital business to determine the necessary fund ...
LIC Requests RBI To Introduce 100-Year Government Bonds
Life insurance giant LIC has requested the Reserve Bank to introduce long-term government bonds, including 100-year paper as ...
What's behind the fiasco at IndusInd Bank?
The dent in its books was caused by a September 2023 RBI communique spelling out how banks should value derivatives. It said ...