Page 9 - Hinduja Group

NCLT's final order on bankrupt Reliance Capital bid by next week

The matter is reserved for judgment and the NCLT Bench mentioned that the order will be issued next week

Auto Expo 2023: Ashok Leyland to expand scope of its connected network

Through the telematics-driven connected network, the company helps vehicles on the ground in predicting problems along with quick support in case of breakdowns to AI-based customer solutions

Ashok Leyland showcases 7 new advanced mobility solutions at Auto Expo 2023

Hinduja group flagship Ashok Leyland has showcased seven advanced mobility solutions at the Auto Expo 2023 in New Delhi, the city-based heavy commercial vehicle-maker said on Wednesday

NCLT gives interim relief to Torrent, puts Hinduja's RCap offer on hold

During the auction, Hinduja made an offer of Rs 8,110 crore, but raised it to Rs 9,000 crore and offered 100 per cent upfront cash to the lenders

Care Ratings upgrades Hinduja Leyland Finance's long-term debt to AA

HLF is undergoing a reverse merger, which will help it get listed soon. The company also mobilised Rs 910 crore fresh capital from QIBs in October 2022, and improved its capital adequacy

Torrent escalates Reliance Capital bid war against Hinduja to RBI

The Committee of Creditors will meet on January 3 to take a view on the new twist in the case

Top Headlines: Free PDS to 810 mn, founders exit NDTV, and more

Business Standard brings you the top headlines at this hour

Hinduja sweetens offer for RCap to counter Torrent group's winning bid

CoC decide whether Hinduja offer is legally valid or not as e-auction has ended

Hinduja Global Solutions approves buyback of 6 mn shares at Rs 1,700 each

The buyback size represents 24.15 per cent and 13.19 per cent of the aggregate of the company's fully paid-up equity share capital and free reserves

Stocks to Watch: Hinduja Global, Just Dial, IRB Infra, SWRE, Ramco Systems

Stocks to Watch Today: Larsen & Toubro is also likely to see some action on Tuesday as the engineering major is looking to pare stake in its subsidiaries - Nabha Power and Hyderabad Metro.

Hinduja group to invest Rs 35,000 crore in Maharashtra across 11 sectors

The Maharashtra Government on Thursday said the Hinduja group will be investing Rs 35,000 crore in the state. The Chief Minister's Office tweeted that an MoU was signed between the state government and Hinduja group in the presence of Chief Minister Eknath Shinde. G P Hinduja and Ashok Hinduja of the Hinduja group were present on the occasion. An official said the group has identified 11 sectors for investment in the state, including infrastructure, biotech, Electric Vehicles, manufacturing and health. The Shinde government had come under fire earlier this year when Maharashtra lost some big-ticket projects including Vedanta-Foxconn semiconductor plant to other states.

Ashok Leyland appoints Shenu Agarwal as new managing director, CEO

Shenu joins Ashok Leyland from Escorts Kubota Ltd, where he was president

Eye on maximum value, lenders say no to Reliance Capital liquidation

"Lenders will decide on the further course of action, including the stance for negotiations on Friday," the source said

RCap liquidation or negotiation? CoC to meet on Tuesday to take a call

While Deloitte, the process advisor to RCap's administrator, is said to be rooting for liquidation, CoC advisor KPMG hopes to close deal and award the firm to highest bidder

Independent valuations 70% more than bankrupt Reliance Capital bids

In November last year, the Reserve Bank of India had sent the company to debt resolution after it defaulted on its loans worth Rs 24,000 crore

Hinduja group, Torrent, Piramal, Oaktree, bid for Reliance Capital

No takers for life and general insurance businesses of the bankrupt company, say sources

UK PM Sunak, wife Akshata Murty figure on 'Asian Rich List 2022' in UK

British Prime Minister Rishi Sunak and his wife Akshata Murty have made their debut on the UK's 'Asian Rich List 2022' topped by the Hinduja family. Sunak and his wife, whose father N R Narayana Murthy co-founded Indian IT major Infosys, are ranked 17th on the list, with an estimated wealth of 790 million pounds. The combined wealth of this year's list sits at 113.2 billion pounds, an increase of 13.5 billion pounds over that of last year. The list is topped by the Hinduja family for the eighth consecutive time with an estimated wealth of 30.5 billion pounds, an increase of 3 billion pounds from the last year. Mayor of London Sadiq Khan presented a copy of the 'Asian Rich List 2022' to Ritu Chhabria, daughter of Gopichand Hinduja, Co-Chairman of the Hinduja Group at the 24th annual Asian Business Awards at the Westminster Park Plaza hotel on Wednesday night. Hinduja Group is an Indian transnational conglomerate. The group is present in eleven sectors. Addressing the gathering, C

Nippon Life-Birla Sun Life merger talks fail ahead of RCap deal deadline

Sources say Nippon Life of Japan not keen on diluting its holding in Reliance Nippon Life Insurance Company to less than 10%--something that the merger will bring about

IndusInd, Ashok Leyland: Will Hinduja brothers' truce propel group stocks?

If IndusInd Bank breaks support at Rs 1,110, the stock can dip to Rs 1,000-mark; Whereas, Ashok Leyland needs to clear its near hurdle at Rs 160 for fresh strength to emerge.

Stocks to Watch: Hinduja Group, RIL, SBI, LIC, M&M, Hindalco, KRBL, NDTV

Stocks to Watch Today: Shares of Apollo Tyres, Bharat Forge, Grasim, Indiabulls Housing Finance, IRCTC , MMTC, MTNL, SpiceJet and Strides Pharma are likely to see some action owing to Q2 results.