The Hinduja Group got approval from the Reserve Bank of India to buy Reliance Capital. The deal still needs a green light from the Department for Promotion of Industry and Internal Trade. The Hinduja Group secured funding for the acquisition. The group raised ₹3,000 crore by issuing debentures and planned to raise another ₹4,300 crore.
Vedanta seeks $450 million to repay top-performing junk bonds
Vedanta’s notes maturing in April 2026 were among the top performers in India’s high-yield sector last year, delivering an 80% return as Agarwal worked to
January 10, 2025