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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......

Who Will Admit To Committing Fraud?

Banks do extensive investigation before declaring an account fraud; they owe it to us as they deal with our money.Why would they try to fix an innocent borrower? asks Tamal Bandyopadhyay.......

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:......

Secret behing the success of Indian Bank

Indian Bank expects recoveries to be more than slippages in this financial year, which will result in improved asset quality.   IMAGE: Indian Bank. Photograph: ANI Photo Shanti Lal Jain,......

Tribunal stays Hinduja's revised offer for Reliance Cap

The insolvency process of debt-ridden Reliance Capital Ltd (RCL) on Tuesday hit a roadblock as the NCLT Mumbai has stayed the resolution process on the plea of Torrent Group. Photograph: Prashant......

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