Page 11 - Hinduja Group

Sensex falls 149 pts; SmallCap index sheds 2% amid tepid global cues

Closing Bell: Hindalco, UPL, Sun Pharma, Adani Ports, Divis Labs, and TCS were the top drags, down up to 3.45 per cent

Stocks to Watch: IndiGo, RIL, Hinduja Global, Federal Bank, Brightcom

Auto shares are likely to be in focus as car makers are looking to ramp up production by an average 18-20 per cent in the March quarter, as the shortage of semiconductor eases.

Hinduja group's UK firm bags health agency contract worth GBP 211 mn

HGS UK will provide customer support to UK citizens for two years, with an option to extend the contract

Ashok Leyland mulls EV plant; lines up Rs 500 cr for alternative fuel tech

Bullish on the future of green mobility, the Hinduja Group flagship Ashok Leyland plans to set up a new manufacturing facility in the country to roll out electric vehicles, according to a top company official. The Chennai-based firm has also lined up a Rs 500 crore investment to develop powertrains based on alternative fuels like CNG, hydrogen and electric for its commercial vehicles range. The company has already announced a USD 200 million (nearly Rs 1,500 crore) investment through its UK-based arm Switch Mobility for electric mobility. The commercial vehicle company aims to expand its electric vehicle portfolio as well as develop new engines keeping in mind the changing market requirements in the domestic as well as international markets. "In Spain, we are coming up with a manufacturing facility and R&D centre and there are plans to grow this over the next few years. In India, we will be optimising the facilities that are available with Ashok Leyland. "But I'm sure very soon we

Ashok Leyland expects turnaround in CV business, 30% market share in FY23

Having endured a few very tough quarters, the commercial vehicle major has seen its overall market share hovering around 24-25 per cent

Ashok Leyland wants to be the leader in CNG commercial vehicles

The share of commercial vehicle has constantly increased and is currently at 10 percent of the industry

Hinduja Global Solutions to consider share buyback, stock gains 5%

After having announced a 1:1 bonus issue, the company's board will now meet on January 14 to consider and explore potential mergers & acquisition opportunities, and quantum/ timings for share buyback.

Hinduja Group's £1.2 billion old war office project is making waves

OWO was once the heartbeat of UK's defence ministry & later an oft-featured building in Bond films

Hinduja Global Solutions shares tank 20% on likely promoter loan

On Friday, the stock fell to Rs 2,855 a share, dragging its market valuation to Rs 5,967 crore.

Hinduja Global tanks 20% as 1:1 bonus issue fails to cheer investors

The company's board also declared its third interim dividend of Rs 150 per share (1500 per cent) for FY22, and fixed January 18, 2022 as the "Record Date" for the payment of the same

Hinduja Global Solutions surges 19%, hits record high on bonus issue plan

The company announced that its board will meet on Thursday, January 06, 2022 to consider proposals for bonus issue of equity shares and interim dividend

Hinduja arm NXTDigital's shares up around 40% in 2 trading sessions

When benchmark Indian indices were on a downward trend due to Omicron concern-led weak broader market sentiment, shares of NXTDIGITAL have risen around 40 per cent in the past two trading sessions.

Stock of this Hinduja Group company has zoomed 40% in 2 days

NXTDIGITAL said it has received overwhelming response for its rights issue, with the company receiving Rs 560.13 crore against an issue size of Rs 288.61 crore

Ashok Leyland's commercial vehicle sales slip 2% to 10,480 units in Nov

Hinduja flagship firm Ashok Leyland on Wednesday reported a 2% decline in total commercial vehicle sales to 10,480 units in November.

Hindujas top rich British Asians' list, wealth rises £2.5 billion

No Covid-induced gloom as British-Asian businesses record over 20% rise in combined wealth in 2021

Hindujas to raise stake in IndusInd Bank, raising $1.1 bn for funds: Report

RBI, last week, came up with rules that held back on an internal working group's proposal to let industrial houses own banks

Vipin Sondhi steps down as CEO of Ashok Leyland; cites 'personal reasons'

Dheeraj Hinduja, to assist in business continuity and ensure a seamless transition

Feel free to wear flip flops: Hinduja heir to bank staff

In an interview, Karam said he told his employees to be more like the bank's clients

Hinduja family feud puts their century-old business empire in jeopardy

With dozens of companies, the closely held Hinduja Group employs more than 150,000 people in 38 countries.

Ashok Leyland Q2 net loss narrows to Rs 83 crore YoY, revenue up 57%

During the quarter, the company's raw material cost increased by 61 per cent from Rs 1,922 crore during Q2FY21 to Rs 3,093 crore in Q2FY22