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Reliance Cap lenders vote in favour of Hinduja Group firm

Lenders of debt-ridden Reliance Capital have voted in favour of a resolution plan submitted by Hinduja Group firm IndusInd International Holdings Ltd (IIHL) which made the highest cash offer of Rs......

Reliance Cap: Hinduja Group firm emerges highest bidder with Rs 9,650 cr offer

A Hinduja Group firm on Wednesday emerged as the highest bidder with an offer of Rs 9,650 crore to take over debt-ridden Reliance Capital in the second round of auction, sources said. Photograph:......

RCap auction postponed to April 11 even as Torrent pursues litigation

Lenders fix Rs 9,000 cr as floor price; Torrent may participate, but it will be subject to SC decision on its petition, which will be heard in August. Dev Chatterjee reports. Photograph: Francis......

RCap lenders in a fix as Hindujas retract revised Rs 8,950-cr offer

The Hinduja group is learnt to have backtracked from making a minimum Rs 8,950-crore offer for Reliance Capital (RCap) – a deal that it had belatedly put forth in December, after Torrent......

RCap lenders allowed to go for another round of bidding

The National Company Law Appellate Tribunal (NCLAT) on Thursday  allowed a petition filed by lenders of Reliance Capital seeking another round of auction for the debt-ridden firm undergoing......

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