Mauritius-based IndusInd International Holdings (IIHL) emerged as the successful suitor with a bid of ₹9,650 crore for the resolution of RCap. IIHL later paid ₹200 crore to bolster RCap’s solvency, which was over and above the bid amount.
Melody effect: Wrong ‘Parle’ stock hits 5% upper circuit for 4th day, up 21% since PM Modi’s gift for Meloni
Parle Industries shares hit the 5% upper circuit for the fourth consecutive session amid speculation that investors are mistaking it for unlisted FMCG major Parle