India  

'IndusInd's resolution plan for Reliance Capital can't drop Reliance General Insurance's employee stock ownership plans'

IndiaTimes Wednesday, 25 October 2023
Reliance General Insurance has obtained a legal opinion that states IndusInd Holding's resolution plan cannot extinguish any stock options or other employee benefits. IndusInd International Holdings has emerged as the successful bidder for Reliance Capital. RCap's most valuable holdings are the shares it owns in its 100% subsidiary Reliance General Insurance. IndusInd Holding's resolution plan involves raising funds to pay creditors of Reliance Capital by creating a charge on the shares of Reliance General Insurance.
0
shares
ShareTweetSavePostSend
 
Video Credit: Wibbitz Top Stories - Published
News video: UN Forms High-Level Committee to Oversee AI Governance

UN Forms High-Level Committee to Oversee AI Governance 01:30

UN Forms High-Level , Committee to Oversee , AI Governance. On October 26, the United Nations announced the formation of a new AI advisory board... ... intended "to undertake analysis and advance recommendations for the international governance of AI.". TechCrunch reports that the board,...

You Might Like


Related videos from verified sources

FBI Ignored 40 Biden Whistleblowers, Mike Johnson Is Speaker, Hamas In Moscow, Disinformation Agents [Video]

FBI Ignored 40 Biden Whistleblowers, Mike Johnson Is Speaker, Hamas In Moscow, Disinformation Agents

The House has nominated Mike Johnson for Speaker of the House. The FBI ignored more than 40 Biden whistleblowers with information about Biden family criminality. Gaetz says Johnson speakership shows..

Credit: Rumble     Duration: 52:12Published