Hinduja Group Reliance Capital Acquisition Approved by DPIIT – Key Implications for India’s Financial Sector
DPIIT Approves Hinduja Group’s IIHL Acquisition of Reliance Capital Introduction to the Acquisition In a significant development, the Department for Promotion of Industry and Internal Trade (DPIIT) has approved the acquisition of Reliance Capital by Hinduja Group’s firm, IndusInd International Holdings Limited (IIHL). This move marks a crucial step towards reshaping the financial landscape in…