Ashok Leyland bags $6 mn Bangladesh order for buses
June 6th, 2012 - 3:55 pm ICT by IANS
Chennai, June 6 (IANS) City-based commercial vehicle major Ashok Leyland Ltd Wednesday announced it has bagged a $6 million order to supply 50 vestibule buses to the Bangladesh Road Transport ... Read more...
Posted in Business |
Leyland-Deere to enter wheel-loader segment in 2013
November 22nd, 2011 - 6:42 pm ICT by IANS
Chennai, Nov 22 (IANS) Construction equipment manufacturer Ashok Leyland John Deere Construction Equipment Company Pvt Ltd plans to enter the wheel-loader segment in 2013 after the launch of its backhoe ... Read more...
Posted in Business |
Ashok Leyland bags $23.3 million-worth Bangladesh order
May 25th, 2011 - 5:15 pm ICT by IANS
Mumbai, May 25 (IANS) Hinduja Group's automobile manufacturing arm Ashok Leyland Wednesday said it had bagged an order worth $23.3 million (Rs.105 crore) from state-run Bangladesh Road Transport Corporation (BRTC) ... Read more...
Posted in Business |
Ashok Leyland aims at global high
April 4th, 2011 - 9:19 pm ICT by IANS
Chennai, April 4 (IANS) Commercial vehicles major Ashok Leyland, the flagship company of the Hinduja Group, is open to acquisitions and partnerships to be among the top ten truck-makers in ... Read more...
Posted in Business |
Ashok Leyland-Nissan unveil 1.25-tonne goods carrier
March 29th, 2011 - 6:01 pm ICT by IANS
Chennai, March 29 (IANS) The Hinduja Group's Ashok Leyland and the Japanese auto major Nissan Motor Company Tuesday unveiled their joint venture's 1.25-tonne light commercial vehicle (LCV) Dost.The joint venture ... Read more...
Posted in Business |
Ashok Leyland, German partner to develop defence systems (Lead)
February 23rd, 2011 - 1:05 am ICT by IANS
Chennai, Feb 22 (IANS) Hinduja Group's newly-floated Ashok Leyland Defence Systems Ltd (ALDS) and German company Krauss-Maffei Wegmann (KMW) GmbH Tuesday signed a memorandum of understanding (MOU) Tuesday for development of advanced ... Read more...
Posted in Business |
Ashok Leyland, German partner to develop defence systems
February 22nd, 2011 - 11:06 pm ICT by IANS
Chennai, Feb 22 (IANS) Hinduja Group's newly-floated Ashok Leyland Defence Systems Ltd (ALDS) and German company Krauss-Maffei Wegmann (KMW) GmbH Tuesday signed a memorandum of understanding (MOU) Tuesday for development of advanced ... Read more...
Posted in Business |
Hinduja Foundries to reduce workforce
February 16th, 2011 - 6:24 pm ICT by IANS
Chennai, Feb 16 (IANS) The city based Rs.391-crore turnover Hinduja Foundries Ltd - part of the Hinduja group - Tuesday signed a new wage agreement that will lay off 300 workers through ... Read more...
Posted in Business |
Hindi Remake Of Tamil Film Vinnaithaadi Varuvaayaa To Commence From April 4
January 29th, 2011 - 6:54 pm ICT by Sampurn Wire
: Subsequent to a great deal of conjecture, it has been divulged that the champion director of South Indian films, Gautham Vasudeva Menon, is geared up to commence the Hindi remake ... Read more...
Posted in Entertainment |
Row over indian arms supplies to Nepal continues
January 18th, 2011 - 3:54 pm ICT by IANS
By Sudeshna Sarkar
Kathmandu, Jan 18 (IANS) Despite India denying a media report that it was resuming supplies of lethal arms to Nepal's army, the row over the issue continued in ... Read more...
Posted in Politics |
Iran asks ONGC-Hinduja to make up mind on Pars gas field
November 1st, 2010 - 8:58 pm ICT by IANS
New Delhi, Nov 1 (IANS) Iranian oil firm Petropars has set a year-end deadline for ONGC-Hinduja consortium to decide on participation in a $7.5 billion gas field in the Persian Gulf.Speaking ... Read more...
Posted in Business |
IndusInd Bank Q2 profit rises 71 percent
October 11th, 2010 - 6:19 pm ICT by IANS
Mumbai, Oct 11 (IANS) IndusInd Bank said Monday its net profit jumped 71 percent to Rs.133.15 crore in the second quarter of this financial year on the back of higher interest earnings. ... Read more...
Posted in Business |
Cameron to visit India to develop “special relationship”
July 8th, 2010 - 1:44 pm ICT by ANI
London, July 8 (ANI): British Prime Minister David Cameron will lead a senior cabinet delegation to New Delhi later this month to build what he called a new "special relationship" with ... Read more...
Posted in World |
Ashok Leyland Nissan to roll out LCVs in mid-2011
June 1st, 2010 - 5:47 pm ICT by IANS
Chennai, June 1 (IANS) The Hinduja Group's Ashok Leyland and Japanese Nissan Motor Company Tuesday said their joint venture will roll out light commercial vehicles (LCVs) in mid-2011.
The joint venture company, Ashok ... Read more...
Posted in Business |
Hinduja acquires Belgian private bank for Euro 1.35 billion
May 21st, 2010 - 4:52 pm ICT by IANS
New Delhi, May 21 (IANS) Diversified international conglomerate Hinduja group will buy Luxembourg-based banking and insurance company KBC's private banking arm for Euro 1.35 billion ($1.69 billion), both parties informed in a ... Read more...
Posted in Business |
Hinduja Leyland Finance to disburse Rs.850 crore
April 1st, 2010 - 7:36 pm ICT by IANS
Chennai, April 1 (IANS) Non-banking finance company (NBFC) Hinduja Leyland Finance Limited is planning to disburse Rs.850 crore in the first year of its operations.
The company, which recently got the certification of ... Read more...
Posted in Business |
Ashok Leyland may get into car manufacturing with Nissan
March 4th, 2010 - 3:57 pm ICT by IANS
Chennai, March 4 (IANS) Hinduja group company Ahok Leyland's possible foray into car making with Japanese Nissan Motor Company has kept the market and business circle abuzz
here though officials decline to confirm ... Read more...
Posted in Business |
ONGC to develop gas fields in Iran
December 2nd, 2009 - 10:52 pm ICT by IANS
New Delhi, Dec 2 (IANS) The state-run oil explorer Oil and Natural Gas Corp (ONGC) and its partners have signed two agreements with Iranian authorities to develop gas fields in that country. ... Read more...
Posted in Business |
Defiance Tech partners with Swiss consultancy firm
August 18th, 2009 - 10:50 pm ICT by IANS
Chennai, Aug 18 (IANS) Defiance Tech, part of the Hinduja group, has tied up with Swiss-based consultancy firm Lodestone Management to offer enterprise resource planning (ERP) services at global level.
"We had earlier ... Read more...
Posted in Business |
Hinduja Foundries posts Rs.10 crore loss
July 29th, 2009 - 10:35 pm ICT by IANS
Chennai, July 27 (IANS) Hinduja Foundries, part of the diversified Hinduja Group, has posted a net loss of Rs.10.44 crore in the quarter ended June 30 as against a profit of Rs.4.57 ... Read more...
Posted in Business |
Ashok Leyland first quarter net profit dips 84 percent
July 27th, 2009 - 8:10 pm ICT by IANS
Mumbai, July 27 (IANS) The net profit of Hinduja group's flagship company and commercial vehicle manufacturer Ashok Leyland declined 84 percent to Rs.7.77 crore (Rs.77.7 million) in the first quarter this fiscal ... Read more...
Posted in Business |
Ashok Leyland to hive off design engineering unit
July 3rd, 2009 - 3:18 pm ICT by IANS
Chennai, July 3 (IANS) India's second largest commercial vehicle manufacturer Ashok Leyland is looking to spin off its design engineering unit Defiance Technologies into a group company, Defiance Tech Ltd, an official ... Read more...
Posted in Business |
Hindujas to manage Sistema Shyam’s customer care centre
March 26th, 2009 - 5:54 pm ICT by IANS
Chennai, March 26 (IANS) Hinduja group's business process outsourcing (BPO) arm Hinduja Global Solutions will manage mobile telephony player Sistema Shyam Teleservices' customer care centre.
The mobile telephony player launched its Tamil ... Read more...
Posted in Business |
Ashok Leyland develops hythane engine
March 24th, 2009 - 7:28 pm ICT by IANS
Chennai, March 24 (IANS) The Hinduja group's commercial vehicle manufacturer Ashok Leyland Ltd, in association with Australia's Eden Energy, has developed a hythane-powered 92-KW engine, the company said Tuesday.
Hythane is a ... Read more...
Posted in Business |
iGATE joins fray to buy majority stake in Satyam
March 13th, 2009 - 12:57 pm ICT by IANS
New York, March 13 (IANS) Nasdaq listed IT and outsourcing solutions major iGATE Friday announced its interest in acquiring a 51-percent stake in scam-hit Indian firm Satyam Computer Services by registering for ... Read more...
Posted in World |
Mahindra, L&T among contenders for Satyam (Roundup)
March 12th, 2009 - 8:17 pm ICT by IANS
Mumbai, March 12 (IANS) Infrastructure major Larsen and Toubro (L&T) and Mahindra and Mahindra's IT arm Tech Mahindra were among the bidders to register interest Thursday in acquiring a 51-percent stake in ... Read more...
Posted in Business |
Satyam gets regulator’s nod to offload 51 percent stake
March 6th, 2009 - 1:29 pm ICT by IANS
Mumbai, March 6 (IANS) Scam-tainted Satyam Computer Services has received the nod from the India's equities market regulator to begin the process of selling 51 percent stake in the company to a ... Read more...
Posted in Uncategorized |
Satyam to invite bids for strategic partner, says Karnik
March 2nd, 2009 - 5:39 pm ICT by ANI
Mumbai, Mar 2 (ANI): Satyam Computers Chairman Kiran Karnik said on Monday that the company board is planning to invite bids for a strategic investor in the next few days."We plan ... Read more...
Posted in Business |
Satyam board meets to discuss on induction of a strategic partner
February 21st, 2009 - 2:53 pm ICT by ANI
Hyderabad, Feb 21 (ANI): The Satyam Computers Services board began it''s meeting here today to figure out the process of finding a strategic partner for the scam hit IT company.
The board ... Read more...
Posted in Business |
Hinduja Foundries shuts plant till Jan 6
December 22nd, 2008 - 2:55 pm ICT by IANS
Chennai, Dec 22 (IANS) The Hinduja group's automotive foundry company Hinduja Foundries has shut down production till the first week of next month owing to reduced offtake from customers.The company makes components ... Read more...
Posted in Business |
Ashok Leyland targets aerospace sector for testing services
November 26th, 2008 - 9:20 pm ICT by IANS
Chennai, Nov 26 (IANS) Commercial vehicle major Ashok Leyland, part of the Hinduja Group, will target the Indian aerospace sector for testing various aircraft components, a senior group official said here ... Read more...
Posted in Business |
Ashok Leyland to stabilise inventory levels by year-end
November 17th, 2008 - 6:02 pm ICT by IANS
New Delhi, Nov 17 (IANS) The country's leading truck and bus maker Ashok Leyland Ltd hopes to bring down its inventory to normal level by the year-end, a top official said here ... Read more...
Posted in Uncategorized |
Hindujas eye hotel industry, strategic partner for IndusInd Bank
October 14th, 2008 - 2:38 pm ICT by IANS
Chennai, Oct 14 (IANS) The Hinduja group is open to strategic partnership for its $608-million IndusInd Bank, even as it has its eyes set on India's hospitality, realty and healthcare business, ... Read more...
Posted in National |
Ashok Leyland sets up joint venture with US-based John Deere (Lead)
September 30th, 2008 - 8:10 pm ICT by IANS
Chennai, Sep 30 (IANS) Auto major Ashok Leyland Ltd, part of the Hinduja group, and the US-based agriculture and forest equipment major John Deere have set up a 50:50 joint venture to ... Read more...
Posted in Business |
Ashok Leyland, John Deere join hands for construction equipment
September 30th, 2008 - 5:05 pm ICT by IANS
Chennai, Sep 30 (IANS) Auto major Ashok Leyland, part of the Hinduja group, and the US-based John Deere have set up a 50:50 joint venture to manufacture and market construction equipment in ... Read more...
Posted in Business |