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Hinduja Group

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 firms ......

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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 ......

GIC-backed IndusInd Bank's promoters redeem pledged shares as stock slides

Finance

01 April, 2020

GIC-backed IndusInd Bank's promoters redeem pledged shares as stock slides

IndusInd Bank’s promoters have redeemed all pledged shares to repay a foreign bank loan, as the private-sector lender attempts to ......

Ashok Leyland scales back stake ownership plan for NBFC arm

Finance

23 March, 2020

Ashok Leyland scales back stake ownership plan for NBFC arm

Hinduja Group flagship Ashok Leyland Ltd will acquire a lower amount of stake in Hinduja Leyland Finance Ltd than originally ......

Ashok Leyland to raise stake in NBFC arm Hinduja Leyland Finance

Finance

19 March, 2020

Ashok Leyland to raise stake in NBFC arm Hinduja Leyland Finance

Hinduja Group flagship Ashok Leyland Ltd plans to buy an additional 19% stake in group company Hinduja Leyland Finance Ltd ......

As airlines battle virus turmoil, Jet Airways gets time till June to find buyer

Infrastructure

18 March, 2020

As airlines battle virus turmoil, Jet Airways gets time till June to find buyer

A bankruptcy court has extended the time to find a buyer for Jet Airways (India) Ltd even as the coronavirus ......