Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
IndusInd International Holdings acquires Reliance Capital for ₹9,650 crore to expand financial services.
IndusInd International Holdings Ltd (IIHL) has finalized the acquisition of debt-ridden Reliance Capital (RCAP) for ₹9,650 crore, aiming to expand its financial services portfolio.
The acquisition was approved through the Corporate Insolvency Resolution Process (CIRP) and secured all necessary regulatory approvals.
IIHL plans to review Reliance Capital's business units, focusing on broking and asset reconstruction, and list its insurance units within 2-3 years.
The debt for the acquisition will be repaid through an IPO, with rebranding expected in 6-9 months.
12 Articles
IndusInd International Holdings adquiere Reliance Capital por 9.650 coronas para ampliar los servicios financieros.