Challenging Time For Ambanis, An Indian Billionaire Group Set To Buy Reliance Capital, Once Valued At Rs 93,851 Crore
Reliance Industries: Anil Ambani's company, Reliance Capital, was reportedly sold recently, according to online news reports. A media story claims that Anil Ambani has incurred significant losses recently, which is why lenders have lost faith in Reliance Capital.
Jul 12, 2023, 18:16 PM IST
Hinduja Group Chairman SP Hinduja Passes Away At 87
"Gopichand, Prakash, Ashok, and the entire Hinduja family regret to announce the passing of our family patriarch and Chairman of the Hinduja Group, Mr. S P Hinduja, today," the family's statement read.
May 17, 2023, 19:40 PM IST
Re-examining biz, operating models in wake of COVID-19 outbreak
The long-term outlook for the commercial vehicle sector continues to remain positive amid the pandemic, Ashok Leyland chairman said.
Aug 17, 2020, 10:36 AM IST
Evaluating Jet Airways opportunity, says Hinduja Group
Lenders to the full service carrier, which temporarily shuttered operations on April 17 as it ran out of cash, is looking for possible suitors.
May 21, 2019, 18:21 PM IST
IndusInd Bank net profit jumps 25% on robust CV loan demand
Romesh Sobti, managing director of the bank, said total income rose to Rs 5,395.92 crore from Rs 4,439.72 crore.
Oct 12, 2017, 15:56 PM IST
Ashok Leyland to set up bus assembly unit in Kenya
Hinduja Group flagship Ashok Leyland will be setting up a bus assembly plant in Kenya with an investment of Rs 70 crore as part of its global expansion plans.
Jul 17, 2016, 11:50 AM IST
Ashok Leyland March sales up 31% at 16,702 units
Hinduja Group flagship company Ashok Leyland today reported a 31 percent increase in total sales at 16,702 units in March 2016, as against 12,754 units in the same month last year.
Apr 01, 2016, 14:20 PM IST
Ashok Leyland sells stake worth Rs 299 crore in IndusInd Bank
Hinduja group flagship firm Ashok Leyland today sold shares worth Rs 299 crore in IndusInd Bank through an open market transaction.
Mar 28, 2016, 20:20 PM IST
Gulf Oil partners Manchester United as global sponsor
Gulf Oil International, a part of the Hinduja Group, Monday entered into a long-term partnership with leading football club Manchester United as the global sponsor, a move aimed at strengthening its brand presence across the globe.
Mar 14, 2016, 21:12 PM IST
Auto Expo 2016: Ashok Leyland unveils 4 new vehicles
Hinduja group flagship firm Ashok Leyland Wednesday unveiled four vehicles, of which two will be launched in India in the next financial year.
Feb 03, 2016, 19:44 PM IST
Hinduja asks businesses to diversify to tackle global shock
Stating that he remains optimistic about Indian as well as the global economy, the Co-chairman of diversified Hinduja Group called for the Indian policymakers to grab the opportunity to grow faster in the wake of prevailing problems in other markets, including China.
Jan 23, 2016, 21:15 PM IST
Davos 2016: Business leaders cautiously optimistic on India's prospects
On the last day of the World Economic Forum (WEF) meet Saturday, Finance Minister Arun Jaitley said the reform process would continue unhindered and without any impact of political opposition.
Jan 23, 2016, 19:37 PM IST
Ashok Leyland sales up 16% in November
The sales of medium and heavy commercial vehicles jumped 21 percent to 6,297 units
Dec 01, 2015, 14:53 PM IST
PM's UK visit to give boost to trade and investment:GP Hinduja
Leading NRI businessman G P Hinduja has said that Prime Minister Narendra Modi's visit to the UK this week will give boost to the trade and investment between the two countries.
Nov 10, 2015, 16:13 PM IST
Hindujas bets big on Africa; eyes $1 bn investment, $2 bn income
Hinduja group has identified Africa as its next big frontier for growth and has committed to pump in USD 1 billion across the sectors over the next five years.
Nov 03, 2015, 18:44 PM IST
India has great opportunity to grow under PM Modi: Hinduja
Noted industrialist Ashok P Hinduja Thursday said India has great opportunity to grow under the leadership of Prime Minister Narendra Modi and expressed the hope Parliament will soon start giving nod to various policy-related measures proposed by the government.
Oct 16, 2015, 00:22 AM IST
Hindujas donate collection of rare coins to Maharashtra govt
The Hinduja family has spent Rs 1 crore on cataloguing and research on 'Ancient Coins of India', a rare collection which was today donated by the Hinduja Foundation Antiquity Collection to Maharashtra government here.
Oct 16, 2015, 00:20 AM IST
India will be third largest economy: G P Hinduja
India is on its way to become the world's third largest economy, leading NRI industrialist G P Hinduja said Wednesday, crediting the growth momentum to a number of initiatives taken by Prime Minister Narendra Modi.
Aug 05, 2015, 19:22 PM IST
Hinduja's HITS targets cable TV digitisation in small cities
Hinduja group company Grant Investrade, which this month received licence to operate headend-in-the-sky (HITS) service, is targetting cable operators and MSOs in small cities and towns to be covered under the last two phases of network digitisation.
Jul 22, 2015, 20:28 PM IST
Ashok Leyland May sales surge 40.13% to 9,294 units
Ashok Leyland on Monday reported a 40.13 percent hike in total sales at 9,294 units in May as against 6,632 units in the same period last year.
Jun 01, 2015, 13:25 PM IST
