DPIIT approves RCap’s acquisition by IndusInd International Holdings

The Department for Promotion of Industry and Internal Trade (DPIIT) has given the green light to the ₹10,000-crore acquisition of Reliance Capital by IndusInd International Holdings (IIHL). This approval clears the final regulatory hurdle for the deal. The Department for Promotion of Industry and Internal Trade (DPIIT) has given the green light to the ₹10,000-crore acquisition of Reliance Capital by IndusInd International Holdings (IIHL). This approval clears the final regulatory hurdle for the deal.  Economic Times

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