Business

Now Anil Ambani’s company Reliance Capital will become a part of Hinduja Group, got approval from DPIIT

Anil Ambani 1732239390

The Department for Promotion of Industry and Internal Trade (DPIIT) has approved Hinduja Group company IIHL for the acquisition of debt-ridden Reliance Capital Limited. Sources have given this information. DPIIT’s approval was necessary because some shareholders of IndusInd International Holdings Limited (IIHL) are residents of Hong Kong, a special administrative …

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