A vacation bench of the Supreme Court also allowed all the three brothers to go at the same time as against the condition that one of the brothers has to remain in India at all points of time that was stipulated in their bail.
Foreign banks and private credit funds are queuing up to fund acquisitions by Indian companies who are buying out their local rivals. The Adani Group, Torrent Group, and the Hindujas have approached several foreign banks and private equity (PE) firms to fund their acquisitions. Global investors have about $2 trillion of funds to invest, and about $100 to $150 billion is set aside for India, according to an estimate by JP Morgan.
'Wherever the government has provided incentives for the purchase of two-wheelers, three-wheelers, cars, buses, and trucks, it gets a push for most of these alternate fuels. '
ONGC and the Hinduja group are lining up investment of close to $20 billion in exploration assets in Iran and a refinery and LNG terminal in India.
This will be the biggest outbound acquisition by India Inc this year.
Indian family-run business houses have in recent years seen ugly public spats between owners over control. But metals-to-ports conglomerate Essar's Ruia family seems to be an exception. Three generations of the Ruia family - founder brother Shashi and Ravi Ruia, their children and grandchildren - continue to live under one roof and jointly run the business empire.
'Despite the gossip, the comments, and the questions, I never felt diminished by it.'
The Hinduja Group on Friday said it is likely to start examining the books of Hutchison Essar Ltd next week and has arranged funds for a possible bid to acquire a controlling stake in the mobile firm.
Stating that "sky is the limit for investors" in India, conglomerate Hinduja Group's Co-Chairman G P Hinduja has said the Western world should get into emerging markets including India and China, which would help both sides to improve their economies.
The group has already announced plan to invest $50 billion in power, realty, auto, healthcare and oil and gas projects in India, whose appetite for infrastructure funds is pegged at about $500 billion over the next four-five years.
The Supreme Court on Monday dismissed an application seeking stay of the Delhi high court verdict quashing the charges against the Hinduja brothers in the Bofors payoff case.
Information technology company Hinduja TMT has bagged an IT services contract of a large automobile assembling and manufacturing company in West Asia.
While about 8,000 people are in the long list of invitees, the select list features 506 A-listers, including prominent politicians, leading industrialists, top film stars, sportspersons, diplomats, judges and high priests.
The actor on Monday night developed lung complications following a surgery on his fractured leg.
Just six months after pulling out of Hutchison Essar, the Hinduja group is set to throw its hat into the ring for the country's fourth largest telecom company.
A day after he was ruthlessly removed from the Bharatiya Janata Party Parliamentary Board, Nitin Gadkari -- arguably, the top performer in the Narendra Modi Cabinet and a former BJP president -- was in Mumbai, launching one of his pet projects: Electric public transport buses for the city.
'The duration of her stay in the hospital will be decided by the doctors after investigations are over,' sources said.
The 68-year-old senior lawyer was earlier married to Meenakshi (his first wife) and Caroline Brossard later in 2020.
The Hinduja Group plans to enter the financial services space in India with a bang. Apart from plans to set up life insurance, non-life insurance and asset management companies, the group is also working towards areas such as wealth management, broking and portfolio management services. The group has finalised its partners for setting up a holding company, which will have three business arms offering wealth management, broking and portfolio management services.
London is the best place in the world to live in, leading NRI industrialist Gopichand P Hinduja has said that after travelling around the globe, he found "home" in the British capital.
From the hospital, Vivek went to his Juhu residence, the sources said. He was accompanied by his father, actor Suresh Oberoi and other family members.
Hinduja TMT and Fox Mandal Little - an Indian firm providing legal outsourcing services to multinational companies and international law firms
The JV company, tipped to be named Centric LPO would provide legal outsourcing services to multinational corporations and international law firms.
The Hinduja group says it will bid for Italian tyre and real estate major Pirelli's stake in Telecom Italia only if the acquisition gives it management control in Italy's largest telecommunications operator.
Gulf Oil Corporation Limited, a Hinduja Group company, on announced the complete acquisition of US-based Houghton International for $1,045 million. The acquisition was carried out through GOCL's subsidiary in the UK.
His political career began with his involvement in the Rashtriya Swayamsevak Sangh and he later became a member of the Shiv Sena.
Trai has asked the department of telecommunication to 'keep in abeyance' the grant of new 2G (mobile) licences till the watchdog finalises its recommendations.
Hindujas said the deal was struck by Ashok Leyland, an Indian company owned by the Hindujas.
Hong Kong based Hutchison Telecommunication along with some other investors are believed to have signed the deal to buy out a 5.11 per cent stake of Hinduja TMT in the unlisted Indian cellular company Hutchsion Essar.
Film and telly folk attended the 29th Lions Gold Awards, which honoured extraordinary achievements in film, television, OTT, music and social welfare commitment.
MD V Mahadevan said, "Our offtake has reduced in line with declining demand from automobile majors since all of them are closed for the Christmas and New Year holidays. We have also decided to increase the number of holidays at our three units, which would be 5-6 days in a month. Asked whether it would be paid holidays, Mahadevan said, "Workers will be paid according to the law."
Their counsel Ram Jethmalani gave an undertaking to the court that they would not flee the trial.
Hinduja TMT on Thursday reported a 21 per cent increase in net profit to Rs 17.23 crore (Rs 172.3 million) for the quarter ended June 30, 2003 when compared with the corresponding period last fiscal.
British Prime Minister Rishi Sunak and his wife Akshata Murty have made their debut on the UK's 'Asian Rich List 2022' topped by the Hinduja family. Sunak and his wife, whose father N R Narayana Murthy co-founded Indian IT major Infosys, are ranked 17th on the list, with an estimated wealth of 790 million pounds. The combined wealth of this year's list sits at 113.2 billion pounds, an increase of 13.5 billion pounds over that of last year.
As much as Rs 47,810 crore was spent on share buybacks by 48 companies in 2023 -- the highest amount since 2017. This surge in value was largely driven by a few large-sized issues, including those by Tata Consultancy Services (Rs 17,000 crore), Larsen & Toubro (Rs 10,000 crore), and Wipro (Rs 12,000 crore). In 2022, 58 companies had repurchased shares worth Rs 38,305 crore, according to data from Prime Database.
Outsourcing major Hinduja TMT has earmarked about $200 million for acquisitions, to fuel the next level of growth, a top company executive said on Monday.
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