Gopichand Parmanand Hinduja (1940-2025): Billionaire who became synonymous with India's rise on global stage
Gopichand was part of the second generation of the Hinduja family and assumed the role of chairman in May 2023, following the death of his elder brother, Srichand Hinduja
Hinduja Group on Thursday said it has appointed Anand Agarwal as Group President - Finance with effect from August 1, 2025. Agarwal has nearly three decades of experience and has worked across multiple sectors, including agri inputs, infrastructure (power), FMCG, financial services, cement, metals, and banking payment services. "With the Group's businesses entering a phase of strategic expansion, strong financial leadership is crucial," Amit Chincholikar, Group President- HR, Hinduja Group, said, adding, "we look forward to him contributing significantly to our next phase of development." Agarwal brings significant expertise in corporate finance, treasury, M&A, capital strategy, and investor relations. Prior to joining Hinduja Group, he served as Chief Financial Officer at Chambal Fertilisers and Chemicals and has held leadership roles at Tata Power, Peepul Capital PE, AGS Transact Technologies, Aditya Birla Group, Reliance Industries, and ITC Limited. Hinduja Group is one of ...
Bank is currently well-capitalised; awaiting RBI clearance for stake raise from 15% to 26%
IndusInd International Holdings Chairman Ashok Hinduja urged shareholders not to panic after IndusInd Bank's share price plummeted 23%
Late Manmohan Singh was India's man of destiny and the country owes much to the former prime minister, who played an integral role in bringing India from nuclear isolation to the mainstream of global nuclear nations, Hinduja Group Chairman G P Hinduja said on Sunday. In a tribute to Singh, who passed away on Thursday, Hinduja said he was a colossus among economists. "He was India's man of destiny when the country on the brink of bankruptcy needed someone to take charge. His clear vision to revive the nation demonstrated through an epoch-making budget in 1991, marked a turning point unlike any other on the road to liberalisation," Hinduja said in a statement. Singh helped break the shackles of India's outdated protectionist policies and opened India to the world. A transformative act, that will forever be remembered in letters of gold when the history of modern India is penned in the future, he added. Thus, from the liberalisation of the Indian economy to the abolition of the licenc
The complainants in the case withdrew their allegations, stating in court that they had been misled into signing statements they did not even understand
Britain's wealthiest family, the Hindujas, on Friday said they were appalled by a Swiss court's ruling of jail terms for some members in Geneva and that an appeal has been filed in a higher court challenging the verdict finding them guilty of exploiting vulnerable domestic workers. In a statement issued on behalf of the family, lawyers from Switzerland stressed their clients Prakash and Kamal Hinduja, both in their 70s, and their son Ajay and his wife Namrata had been acquitted of all human trafficking charges. They also dismissed media reporting that any members of the family faced detention after court reports from Geneva said the four were sentenced to between four and four-and-a-half years in prison. Our clients have been acquitted of all human trafficking charges. We are appalled and disappointed by the rest of the decision made in this court of first instance, and we have of course filed an appeal to the higher court thereby making this part of the judgement not effective, ..
It has mandated Barclays Plc and 360 ONE as arrangers and underwriters for the issuance, the people said, asking not to be identified as the discussions are private
The trial got underway on Monday after four members of the Hinduja family were indicted last year by Geneva prosecutors for alleged human trafficking and mistreatment of their domestic staff
The Hinduja Group and King's College London on Wednesday announced a new partnership aimed at improving healthcare outcomes in India and the UK, through training and research capacity building as well as scholarships for Indian students. King's College London, Guy's & St. Thomas' NHS Foundation Trust, the Hinduja Foundation UK and Mumbai's P.D. Hinduja Hospital & Medical Research Centre run by the National Health & Education Society are involved in the new strategic partnership to advance two-way training, education and research capacity building. It will lead to the creation of a new Hinduja-King's Health Partners Academy with the aim of driving forward the development of new technologies to address global healthcare challenges. This collaboration will only strengthen the UK's close links to India, and create greater research capacity in healthcare engineering, clinical innovation, and advanced training," said UK Deputy Prime Minister Oliver Dowden after a visit last ...
Inks deal with US' Invesco to form JV; IndusInd to hold 60% stake
Company says order will strengthen its lead in Indian bus manufacturing
The Income Tax department on Wednesday conducted a survey operation at some entities of the Hinduja Group in Mumbai and some other cities, official sources said. The survey operation is being undertaken as part of a tax evasion investigation and offices in Mumbai and some other cities are being covered, they said. As per the I-T law for survey operations, only office premises are being covered. An email sent by PTI to the Hinduja Group did not elicit an immediate response. Sources said the tax department action is also linked to provisions of the General Anti-Avoidance Rules (GAAR). The Hinduja Group, which owns IndusInd Bank, Hinduja Leyland Finance and Hinduja Bank (Switzerland), is diversifying and has plans to get into the new tech, digital and fintech as part of its new phase of growth and fill gaps through acquisitions to have complete offerings in the BFSI sector.
The lenders that the Hinduja Group has reached out to include names like Farallon Capital, Oaktree, Ares Asia, and Cerberus
Gopichand Hinduja, who was the co-chairman of the Hinduja Group, oversees a diverse global business empire that spans several sectors such as automotive, oil and specialty chemicals
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In the '80s, the brothers were accused of taking commission from manufacturers of Bofors guns, a charge the high court rejected
The Hindujas last year had agreed to slam the brakes on copious litigation across Europe, putting on hold a feud that was tearing apart the once tightly knit British-Indian group
CoC decide whether Hinduja offer is legally valid or not as e-auction has ended