Here's how Ashok Leyland turned two loss-making subsidiaries around

Nissan' exit from the light commercial vehicle joint venture has helped speed up consolidation and growth for the company In recent years, commercial vehicle maker Ashok Leyland has demonstrated......

Cos raised Rs 2,375 crore in FY'12; lowest in 8 years

Indian companies raised Rs 2,375 crore(Rs 23.75 billion) through rights issue in 2011-12 -- lowest in eight years -- because of dismal market conditions, says Prime Database.The report said it was......

Hinduja Foundries cuts working days at three units

Hinduja Foundries informed the Bombay Stock Exchange on December 22 that it would curtail the number of working days at its three units in Ennore, Sriperumbudur and Hyderabad. These measures were......

Hindujas plan to spend $50bn

The Hinduja family is planning investments of about $50 billion (Rs 2 lakh crore) in the next five years in India and abroad, led by a foray into oil and gas in Iran. The closely held group, run by......