RBI clears resolution plan for Reliance Capital
Mumbai: The Reserve Bank of India on Friday granted approval to the restructuring proposal for financially troubled Reliance Capital, paving the way for the acquisition of the company by IndusInd International Holdings Ltd (IIHL), a firm within the Hinduja Group.
Hinduja Group chairman SP Hinduja passes away at 87
London: Srichand Parmanand Hinduja, the eldest among the Hinduja brothers and the chairman of the Hinduja Group, passed away in London on Wednesday at the age of 87.
New Delhi/IBNS: The Hinduja Group has lauded the Union Budget presented by Finance Minister Nirmala Sitharaman on Wednesday (Feb 1, 2022) for the Financial Year 2023-24 with a major focus on capital formation with the highest outlay ever outlay of Rs 2.40 lakh crore, about 9 times the outlay made in 2013-14.
Ashok Leyland bags UAE order for 1,400 school buses
Chennai: Ashok Leyland, the flagship of the Hinduja Group, today announced bagging orders from major fleets for 1,400 school buses in UAE- the company’s largest ever supply of school buses in UAE.
Ashok Leyland considering new EV manufacturing plant: Report
Ashok Leyland, a flagship company of Hinduja Group, is planning a new EV manufacturing unit in India to expand its portfolio in the segment amid a potential rise in demand for electronic vehicles in domestic and international markets, PTI reported.
Hinduja Group, Ashok Leyland aim to work for creating employment for J&K youth
Srinagar/UNI: The Hinduja Group reaffirmed its commitment of Rs 16 crore as subsidy support in different sectors, while Ashok Leyland has announced to deliver 1,000 commercial vehicles under the Mumkin Scheme for creating employment for the youth of Jammu and Kashmir.