The eldest son of Parmanand D Hinduja, Srichand, 84, is the head of Hinduja Family and Chairman of Hinduja Group and charitable foundations
Jaguar Land Rover, a marquee entity of the Tata group, has been majorly hit by the freeze
The acquisition is part of the 6.99% acquisition approved by the board of directors at a meeting held on March 21
The acquisition is part of the 6.99 per cent acquisition approved by the Board at the meeting held on March 21, 2020.
It may be noted that Ashok Leyland decided to acquire 9% stake in HLFL as against its original plan to acquire 19%
The AL board continues to believe that the proposal to raise the shareholding in HLFL was consistent with the philosophy to prevent any future dilution based on HLFL's growth plans
A month later, now, the company announced that it would invest Rs 1,200 crore to buy stake in HFL
The cost of acquisition will be not be exceeding Rs 1,200 crore, on cash consideration
The Tata group, the Hinduja group, Indigo and a New York-based fund, Interups, are also expected to submit their EoIs. The deadline of submitting the EoI is March 17
The much-awaited initial public offering of SBI Cards and Payment Services, a subsidiary of State Bank of India, will open on March 2, confirms its prospectus
The beleaguered Indian lender has been struggling to raise capital for the past few months, amid concerns about the quality of its assets and its exposure to the stressed shadow banking sector
The company saw its revenue from operations grow 5 per cent to Rs 1,335.7 crore in the quarter under review as against Rs 1,272.6 crore in the third quarter of 2018-19.
The company had sold 19,741 units in the same month last year, Ashok Leyland said in a regulatory filing
Congress' strategy group will meet at interim chief Sonia Gandhi's residence here on Monday to discuss the party strategy in the session
NY-based fund wants govt to include maintenance unit in deal
The industry veteran Gopinath Hinduja said that the company has been willing to invest more than $20 billion in India
The offer was made during a meeting between Punjab Chief Minister Amarinder Singh and Hinduja Group Chairman Prakash Hinduja, an official statement said here
The company has been suffering a massive and sustained drop in CV sales due to weak offtake brought on by economic slowdown
The transaction is expected to close by January 31, 2020 and is subject to necessary approvals
Hinduja is a diversified group present across 38 countries, with interests in automobiles, power, chemicals, finance and other sectors