Ashok Leyland Finance Floats Wind Energy Arm

Ashok Leyland Finance, an non-banking finance company of the Hinduja Group, has floated a wind energy subsidiary, Alfin Wind Energy.

The NBFC also proposes to enter the insurance broking business through a subsidiary by June this year.

Announcing the financial results for the financial year ending March 2003, S Nagarajan, managing director, said,