Abu Dhabi investor to become promoter, can nominate directors

Sammaan Capital Limited (formerly Indiabulls Housing Finance) said on Thursday that a unit of Abu Dhabi’s International Holding Company (IHC) has entered into an agreement to invest nearly  $1 billion (₹8,850 crore) for a 43.46 per cent stake in the non-banking financial  company (NBFC).......

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Via business-standard.com