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Hinduja Group

Ashok Leyland buying out partner; Hinduja Global in talks with PEs for unit sale

TMT

25 February, 2021

Ashok Leyland buying out partner; Hinduja Global in talks with PEs for unit sale

Two Hinduja Group companies have made moves in the information technology sector, with one buying out its partner from a ......

Grapevine: Ashok Leyland to trim stake in EV unit; MTAR, KIMS Hospitals plan IPOs

General

15 December, 2020

Grapevine: Ashok Leyland to trim stake in EV unit; MTAR, KIMS Hospitals plan IPOs

Hinduja Group-owned commercial vehicle maker Ashok Leyland Ltd is planning to sell a minority stake in its UK electric vehicles...

Grapevine: Skanray mulls IPO; Hinduja Global Solutions to hive off healthcare unit

General

10 December, 2020

Grapevine: Skanray mulls IPO; Hinduja Global Solutions to hive off healthcare unit

Mysuru-based medical equipment maker Skanray Technologies Pvt. Ltd is looking to raise up to Rs 600 crore ($81 million) through...

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PE, M&A deals in financial services sector remain in the doldrums

Finance

13 October, 2020

PE, M&A deals in financial services sector remain in the doldrums

The number of private equity deals and mergers and acquisitions (M&As) in the banking, financial services and insurance (BFSI)...

Hindujas' firm to offload about half of its holding in US chemical giant

Manufacturing

21 September, 2020

Hindujas' firm to offload about half of its holding in US chemical giant

Hinduja group-promoted GOCL Corp Ltd said Monday that it has decided to pare just under half its stake in chemical ......

US hedge fund, SBI MF get nod to raise stake in IndusInd Bank, CSB Bank

Finance

24 July, 2020

US hedge fund, SBI MF get nod to raise stake in IndusInd Bank, CSB Bank

The Reserve Bank of India has allowed two shareholders of IndusInd Bank and CSB Bank to increase their individual stakes ......

Billionaire Hinduja brothers locked in dispute over family fortune

General

24 June, 2020

Billionaire Hinduja brothers locked in dispute over family fortune

The billionaire Hinduja brothers are locked in a legal dispute in the UK over their family fortune, with a July ......

Jet Airways racks up long queue of suitors; 3 even come back to propose

Infrastructure

29 May, 2020

Jet Airways racks up long queue of suitors; 3 even come back to propose

Bankrupt Jet Airways (India) Ltd has received expressions of interest from at least eight entities including two financial services...

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Jet revival prospects worsen as coronavirus prompts suitor to reconsider boarding carrier

Infrastructure

17 April, 2020

Jet revival prospects worsen as coronavirus prompts suitor to reconsider boarding carrier

Revival prospects for Jet Airways have worsened exactly a year after the carrier operated its last flight as coronavirus has ......

Grapevine: TPG, KKR front runners for Piramal pharma stake; IndusInd in funding talks

General

07 April, 2020

Grapevine: TPG, KKR front runners for Piramal pharma stake; IndusInd in funding talks

US-based private equity giants TPG Capital and KKR & Co. Inc. are running ahead in the race to acquire a ......

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