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Hinduja Group to partly fund Reliance Capital buy through bond sale | The Morning Context

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Hinduja Group to partly fund Reliance Capital buy through bond sale

Group firm IIHL had emerged as the highest bidder for Reliance Capital in the second round of the auction with an offer of over $1.1 billion.

20 June, 2024•2 min

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20 June, 2024•2 min

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Hinduja Group to partly fund Reliance Capital buy through bond sale

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BRIEF
/
Business

Hinduja Group to partly fund Reliance Capital buy through bond sale

Group firm IIHL had emerged as the highest bidder for Reliance Capital in the second round of the auction with an offer of over $1.1 billion.

20 June, 2024•2 min

0

20 June, 2024•2 min

0

Getting your Trinity Audio player ready...

Hinduja Group to partly fund Reliance Capital buy through bond sale

More in Business

Story image

Cipla’s conservative approach is beginning to hurt

Story image

Cipla’s conservative approach is beginning to hurt

The drugmaker’s reluctance to part with cash may have given it one of the strongest balance sheets in Indian pharma, but investors are increasingly rewarding risk takers.

Story image

Akasa, Air India Express or SpiceJet: plenty on offer for Adani’s airline play

Prince M. Thomas

Akasa, Air India Express or SpiceJet: plenty on offer for Adani’s airline play

Prince M. Thomas

Story image

Suits and countersuits fly between IPO-bound Zetwerk and Ayr Energy

Suits and countersuits fly between IPO-bound Zetwerk and Ayr Energy

Story image

BSE and NSE’s money-with-morals indices struggle to justify their existence

BSE and NSE’s money-with-morals indices struggle to justify their existence

Story image

Ambanis double down but Reliance’s growth engines sputter

The Morning Context team

Ambanis double down but Reliance’s growth engines sputter

The Morning Context team

Story image

Tata Consumer Products struggles with Capital Foods, its most expensive buy

Tata Consumer Products struggles with Capital Foods, its most expensive buy

You may also like

Story image

RBI’s rules redraw the playbook for prop traders

The central bank’s shift to a 100% collateral requirement threatens to erode leverage, reduce volumes and force a consolidation across prop desks.

Story image

Q3 earnings lay bare $5 billion migraine for four of India’s top banks

While the earnings have been encouraging, the real challenge lies in addressing the slowing deposit growth and leadership uncertainty.

Furquan Moharkan

Story image

Why IndusInd Bank promoter Ashok Hinduja was never really in the dark

As the private lender reeled from serial scandals, Hinduja insisted he was merely a shareholder. Board-level links, conflicts of interest and regulatory blind spots suggest otherwise.

Furquan Moharkan

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