IRDAI objects to IndusInd Holdings' pledging plan to buy Reliance Cap

Hinduja Group is in talks with offshore lenders to raise $800 m (₹6,660 crore equivalent) to acquire the finance company under the Insolvency and Bankruptcy Code, the people said. Lenders have unanimously voted in favour of a ₹9,660-crore plan offered by IIHL in June.

Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.