India will be third largest economy: G P Hinduja

Last Updated: Wednesday, August 5, 2015, 19:22

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.

Hinduja Global-Mphasis deal gets CCI nod

Last Updated: Tuesday, August 4, 2015, 22:50

The Competition Commission has approved Hinduja Global Solutions' proposed acquisition of certain BPM and BPO assets of Mphasis and Msource.

Hinduja's HITS targets cable TV digitisation in small cities

Last Updated: Wednesday, July 22, 2015, 20:28

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.

IndusInd Bank promoters to retain stake at 15% post QIP

Last Updated: Thursday, June 11, 2015, 22:07

IndusInd Bank on Thursday approved a preferential equity issue of up to 1.5 per cent to its promoters IIHL to ensure their holding does not fall below 15 per cent, after an upcoming institutional placement of shares, in which it is planning to raise Rs 4,800 crore.

Ashok Leyland May sales surge 40.13% to 9,294 units

Last Updated: Monday, June 1, 2015, 13:25

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.

Hinduja Global Solutions' Q4 net jumps 18.3% at Rs 41.3 cr

Last Updated: Thursday, May 21, 2015, 21:39

Hinduja Global Solutions Ltd, part of the multi-billion dollar Hinduja Group, Thursday announced 18.3 percent jump in net profit at Rs 41.3 crore in the quarter ended March 2015.

Ashok Leyland Q4 net profit falls 36% to Rs 229.97 crore

Last Updated: Tuesday, May 12, 2015, 22:42

Hinduja Group flagship firm Ashok Leyland Tuesday reported 36.71 percent decline in standalone net profit at Rs 229.97 crore for the quarter ended March 31, 2015.

Ashok Leyland suspends production of Stile

Last Updated: Tuesday, May 12, 2015, 22:16

Hit by poor sales, Hinduja Group flagship company Ashok Leyland has suspended the production of its first passenger vehicle - Stile, and has written down the investments made in the joint venture with Japanese auto maker Nissan Motor Company by Rs 214 crore, a top official said.

Hinduja Leyland Finance Net up 37% at Rs 112 cr in FY15

Last Updated: Monday, May 11, 2015, 17:14

Total income of the company during 2014-15 rose to Rs 814.34 crore, from Rs 625.22 crore in the preceding fiscal.

Ashok Leyland deepens Gujarat presence with 7th outlet

Last Updated: Wednesday, May 6, 2015, 16:32

The new dealership Gulf Ashley Motors, in Gandhidham, Gujarat, would be of 3S facility

Ashok Leyland April sales rise 43% to 8,435 units

Last Updated: Monday, May 4, 2015, 12:11

Sales for its heavy and medium commercial vehicles increased by 44.79 percent at 6,549 units in April against 4,523 units in the year-ago period.

Top 101 in UK's Asian Rich List possess GBP 54.48 bn

Last Updated: Sunday, March 29, 2015, 12:26

According to the Asian Rich List, UK's 101 Wealthiest Asians in 2015 brought out by EasternEye - a publication of Asian Media and Marketing Group, the net worth of the people on the list has risen by 5.7 per cent over last year.