Hinduja Group's IIHL buys 60% stake in Invesco India Asset Management
This is the second major deal by IIHL in recent times as its bid for acquisition of Reliance Capital and its subsidiaries was recently approved by NCLT.
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Hinduja gets NCLT approval to acquire Anil Ambani’s Reliance Capital
IndusInd International Holdings Ltd (IIHL), the Hinduja Group firm, had submitted the highest bid of ₹9,650 crore to take over debt-ridden Reliance Capital
IndusInd Bank shares rise as SBI MF to buy 9.9% stake
The RBI on October 11 gave approval to SBI Mutual Fund to acquire 9.99% of the paid-up share capital in IndusInd Bank.
IndusInd Bank’s promoter to raise ₹12,300 cr to up stake in lender; stock rises
Hinduja group firm IndusInd International Holdings will also use capital to fund its proposed acquisition of Reliance Capital.
Why IndusInd Bank shares are trading higher today
The stock price got a boost amid a report that Hinduja Group may increase its stake in IndusInd Bank to 26% from the existing 16.51%.
Battle for Reliance Capital intensifies as lenders bat for fresh auction
The NCLT has asked to the lenders to delay the new auction for completing the hearing.
Ashok Leyland share hits record high on bagging new order
Ashok Leyland share price rose 5.03% to hit a 52-week high of ₹161.75 on the BSE after the Hinduja Group company bagged an order for 1,400 school buses in the UAE.
Karam Hinduja’s mission to redefine the meaning of wealth management
His efforts to push the banking sector forward and embrace the evolving demands of HNWIs promise hugely consequential returns—for our planet and for all the people that inhabit it.
Good blueprint, but gaps remain: India Inc.
Focus on infra, housing, financial services, labour reforms welcome; but concerns remain on corporate tax, ability to meet disinvestment target.
