by AIP Online Bureau | Sep 1, 2024 | Banking & Bancassurance, Health, Indian News, Life, Non-Life, Regulation
According to sources, lenders claimed that IIHL’s move to seek approval from the Department of Industrial Policy and Promotion (DIPP) is an afterthought. It was not even a part of conditions set out by the NCLT while approving the resolution plan on February 27,...
by AIP Online Bureau | Aug 19, 2024 | Indian News, Life, Non-Life, Risk Management
According to sources close to the development, the brand Reliance is 50:50 jointly owned by Mukesh Ambani and Anil Ambani, and the same can not be allowed to be used by any other company or individual. ADAVPL, in its application, has also argued that the company was...
by AIP Online Bureau | Mar 27, 2024 | Indian News, Life, Non-Life, Regulation
It is also proposed by Hinduja group to raise borrowing for acquisitions of shares of Reliance Capital Ltd , which will also violate the existing regulations, said IRDAI Hyderabad: The Indian insurance regulator IRDAI, as part of its due diligence process,...
by AIP Online Bureau | Mar 5, 2024 | Banking & Bancassurance, Indian News, Life, Non-Life, Regulation
COC, in an official communication, through its lawyer Luthra and Luthra, on Monday, has further asked IIHL to provide all necessary information, documents and cooperation to obtain the pending regulatory approvals, especially from the Indian insurance regulator IRDAI,...
