With as much as 99 per cent votes in favour of Hinduja Group firm IndusInd International Holdings Ltd (IIHL), lenders of debt-ridden Reliance Capital Limited (RCAP) expected to recover cash upfront of Rs 9,661 crore from the Hinduja Group entity, say sources. The Hinduja group made the highest cash offer of Rs 9,661 crore in the second round of bidding, thus receiving acceptance from the lenders of RCAP.



Source link

Previous articleLinda Yaccarino, Twitter CEO, says ‘hand-to-hand’ combat is needed to reverse losses under Elon Musk
Next articlePredictive Modeling Webinar – B-Stock Solutions

LEAVE A REPLY

Please enter your comment!
Please enter your name here