Financing would not be an issue for the group that had business interests in global finance, telecommunications, film, oil and the automotive sector.
Hinduja group on Monday announced major investment initiatives totaling up to $10 billion with Qatar for infrastructure projects through an Indo-Qatar fund with intial corpus of $1billion.
A mere two-bedroom apartment - albeit quite spacious, covering 3,000 square (sq.) feet (ft) - will set you back 5.8 million. That's the asking price from the Indian-owned Hinduja Group, if you desire a nest in London Whitehall's iconic Old War Office (OWO). Its 1,100 rooms are now being converted into 85 residences and a first-ever hotel to be operated in Britain by Singapore's legendary Raffles Hotels chain. Gopichand Hinduja, co-chair of the conglomerate, said: "Every decision made on The OWO (as the building is fondly called) is underscored by our passion and respect for the heritage of the building and long-term commitment to London."
SIAM expects the super-luxury bus market to grow five-fold in the next 3 years.
Pawan Munjal, chairman and managing director of Hero MotoCorp, the country's biggest two-wheeler maker, leads the pack among automobile CEOs.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The Hinduja Group is exploring investments in infrastructure, including roads and power, and is planning to enter the passenger car segment.
Buses that run on battery, trucks that purr on LNG, and more from the stables of Tata Motors, Mahindras and Ashok Leyland. The Auto Expo 2018 had these and more.
Hinduja Group flagship Ashok Leyland has lined up investment worth Rs 5,250 crore (Rs 52.5 billion) to enhance its production by 1,40,000 units over a period of next four to five years.
Commercial vehicles major Ashok Leyland has decided to set up a plant in Uttaranchal and will invest around Rs 1,100 crore (Rs 11 billion) in the new facility.
Top commercial vehicle maker Tata Motors has raised the prices of its medium and heavy vehicles by 2-2.5 per cent on account of increase in input costs.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The stag mini-bus of Ashok Leyland undertook drove on the 313-km road till Kaman post, Jammu and Kashmir minister for Roads and buildings Gulam Ahmed Mir said on Sunday.
Tatra Trucks India Ltd, the joint venture between Czech truck maker Tatra and Vectra of UK, is planning to launch its first highway transportation vehicle (for the goods segment) late next year.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The total dividend income for seven firms grows 25%.
The increase in bus and truck sales of Tata Motors and Ashok Leyland pushed commercial vehicle sales up by a robust 35.7 per cent in the first eleven months of this fiscal.
Surging truck sales of Tata Motors, Ashok Leyland and Eicher Motors drove commercial sales up by 34.6 per cent during the first eight months of this fiscal.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Auto companies are now grappling with a slowdown in sales, triggered by pent up demand due to the COVID-led lockdown easing a bit and supply-side issues for raw material.
The 10th edition of the Defence Expo was held in Chennai this year. The event saw more than 25 Indian and global companies participate. Foreign players like Lockheed Martin and SAAB showcased their flagship fighter aircraft and Indian firms like Ashok Leyland, Tata Motors and Hindustan Aeronautics Ltd. had their own line-up of new products. Take a look.
Second body blow after diesel ban on engines of 2,000 cc and above in NCR.
RBI is expecting the rupee to stay close to Rs 75 to a dollar, as COVID-19 forces foreign funds to withdraw from emerging markets.
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