Reliance Capital Lender to Vote on Hinduja Armed Resolution Plan from Today
Lenders of Reliance Capital (RCap) will begin voting on the resolution plan proposed by the Hinduja Group entity from Friday, June 9. The scheme offers...
Tag : hinduja group
Hinduja Arm in Talks with Lenders for Reliance Capital Takeover
Reliance Capital’s (RCap) sole bidder Hinduja Group is discussing with some lenders to raise up to Rs 8,000 crore to fund its proposed acquisition of...
Hinduja Housing Finance to Raise Rs 800 Crore Through Capital Bonds and Debentures
Hinduja Housing Finance Ltd (HHFL), a mortgage lender with an asset book of about Rs 6,800 crore, will raise about Rs 300 crore in secondary...
IndusInd Bank Rises 5% on Report RBI Approves Increase in Hinduja Group Stake
IndusInd Bank shares rose 5% to Rs 1,130 on the BSE in Friday’s intra-day trade on reports that the Hinduja Group is looking to raise...
Ashok Leyland Shares Rise 5% After Company Reports Third-Quarter Profit Jump
Shares of Ashok Leyland rose 5% on Thursday after the company reported after-tax profit more than doubled in the third quarter that ended December. The...
Hinduja Group Buys Debt-Laden Reliance Capital for Rs 9,500 Crore
On Friday, IndusInd Bank promoter Hinduja Group tried to revise its bid for debt-laden Reliance Capital to Rs 9,500 crore, with an upfront cash outlay...
Hinduja Tech Acquires Drive System Design to Expand eMobility Services
Hinduja Tech, part of the diversified conglomerate Hinduja Group, has acquired Drive System Design for an undisclosed amount to expand its e-mobility services from development...
Ashok Leyland, IIT Madras Collaborate to Develop Hybrid EVS Using Turbine Tech
Ashok Leyland and researchers at the National Centre for Combustion Research and Development (NCCRD), an arm of the IIT Madras, have tied up for the...
Ashok Leyland Hits 4-Year High After Company Gets Orders for 1,400 School Buses in UAE
Shares of Hinduja Group’s flagship brand Ashok Leyland rose 5% in Thursday’s trade to their highest level since May 2018. The company has announced that...
Ashok Leyland to Launch Bada Dost e-LCVs Range in Six Months
The Flagship Company of Hinduja Group, Ashok Leyland, is India’s major commercial Vehicle Manufacturer. The company will come out with its e-lCV Bada Dosti1 and...