IIHL or IndusInd International Holdings Ltd is one of the promoter entities of private sector lender IndusInd Bank and was the winning bidder for Reliance Capital under the IBC (insolvency and bankruptcy code) route.
Hinduja Brothers Exclusive Interview: When was the last time you saw all the three Hinduja brothers, G.P Hinduja, A.P Hinduja and P.P Hinduja in the same frame? Moneycontrol's Ashwin Mohan caught up exclusively with them at the Hinduja residence, Carlton House Terrace, London, UK, as the three leaders of the diversified conglomerate which backs the likes of Indus Ind Bank and Ashok Leyland, weighed in on several key issues. The senior siblings laud the vision of Prime Minister Narendra Modi and are bullish on India becoming the third largest economy in the world. The group is betting big on the BFSI space and post the Reliance Capital win under the IBC auction process, it is looking to bolster the portfolio with a few acquisitions before the end of the financial year. That's not all, there is also a promoter group entity listing on the cards even as the group looks to hike its stake in Indus Ind Bank and double down on the Africa opportunity. Listen In for more details!
Similar sentiments about India were expressed by many Indian and global leaders present at the Hinduja family's annual WEF lunch here, hosted by G P Hinduja, his brother Prakash Hinduja, son Dheeraj Hinduja and daughter-in-law Shalini Hinduja.