BW Communities

Articles for Ashok Hinduja

Ashok Hinduja's Leverage In The RCap Deal

Hinduja in the driver's seat as RBI is likely to extend the payment deadline for them, since they had bid Rs 1200 crore more than Torrent Group

Read More
IRDA Clears Transfer of RCAP's Stake In Insurance Cos To Hinduja

Ashok Hinduja had claimed they will clear lender dues worth Rs 9850 crore in 48 hours post IRDA approval

Read More
Hinduja Seeks Fresh RBI Approval For Revised RCap Deal

New entities were introduced in the transaction at the eleventh hour, just days ahead of expiry of RBI deadline. RCAP to issue debentures to raise funds for its own acquisition. Deadline extension may be a huge setback for lenders

Read More

Subscribe to our newsletter to get updates on our latest news