by AIP Online Bureau | May 23, 2024 | Indian News, Life, Non-Life, Regulation
The deadline for the implementation of the approved resolution plan was May 27, 2024. NEW DELHI: The administrator of debt-ridden Reliance Capital (RCap) has moved NCLT, seeking a 90-day extension beyond the deadline to implement the Rs 9,661 crore resolution plan...
by AIP Online Bureau | May 19, 2024 | Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology
While there may be an enforcement concern, it is pertinent to examine the resource challenge of the Competition Commission of India (CCI) that looks into anti-market practices of the Big Tech platforms New Delhi: As India aims to adopt the Digital Competition Bill to...
by AIP Online Bureau | May 15, 2024 | Banking & Bancassurance, Indian News, Life, Non-Life, Regulation
According informed sources, CoC in today’s meeting has taken a tough stand and informed Hinduja Group to make the payment by 27th May or action in accordance with the RFRP will be taken whereby CoC can. encash performance bank guarantee of almost Rs. 500...
by AIP Online Bureau | May 11, 2024 | Banking & Bancassurance, Health, Indian News, Non-Life, Regulation
Ashok Hinduja, chairman, IndusInd International Holdings Limited , The IRDAI’s clearance for the deal has come now and with the IRDAI’s approvals in place, it is possible to stick to the earlier dead line of May 27 for the completion of acquisition of RCL,...
by AIP Online Bureau | May 7, 2024 | Health, Indian News, Life, Non-Life, Regulation
Hinduja Group has now submitted a new plan changing the entire corporate structure of the transaction for the implementation of the resolution plan which again has been submitted to all the regulators for their fresh approvals Mumbai/Hyderabad In a bid to...
