Hinduja’s billion-rupee gamble: Can they save Anil Ambani-led Reliance Capital?
In a significant development in the Indian financial sector, the Hinduja Group has embarked on an ambitious Rs 4,300 crore initiative to acquire the bankrupt Anil Ambani-led Reliance Capital, indicating a robust move in the corporate recovery landscape. This follows the approval of IndusInd International Holdings’ (IIHL) resolution plan by the National Company Law Tribunal […]