Page 5 - Hinduja Group

Siemens ties up with Hinduja Group for electric vehicle charging infra

Siemens Limited and the Hinduja group's Switch Mobility Automotive Limited have signed a Memorandum of Understanding (MoU) to play in the electric commercial vehicles segment

Hinduja Group launches new Berryllus Capital wealth advisory JV

The UK-headquartered Hinduja Group on Monday announced the launch of Berryllus Capital, a new joint venture (JV) focussed on investment management, investment banking and real estate advisory for ultra-high net worth families around the world. The new JV with NASDAQ-listed Focus Financial Partners Inc, a leading partnership of independent, fiduciary wealth management firms, is dubbed a multi-family office that will cater to some of the most prominent families in the world through offices in London, Geneva and Singapore. The firm will provide advice and integrated strategies for managing client investments, philanthropic endeavours and legacies. We are partnering with great optimism on Beryllus Capital with Focus Financial Partners, said G.P. Hinduja, Co-Chairman of the Hinduja Group. "This is an important strategic alliance. Beryllus Capital will address the bespoke needs of ultra-high net worth families on a global scale, with outstanding professional and governance standards, he .

Focus Financial Partners launches Beryllus Capital in JV with Hinduja Group

Focus Financial Partners is a leading partnership of independent, fiduciary wealth management firms

Ashok Leyland to acquire Nissan International's 38% stake in Hinduja Tech

The company proposes to acquire 58,500,000 shares held by Nissan International Holding B.V to make it as a wholly-owned subsidiary of the Company

Billionaire Hinduja family pays 61% premium to boost IndusInd stake

The family's holding in the lender shrank to 13% following its merger with the nation's largest microlender Bharat Financial in July 2019

Ashok Leyland ups sourcing of clean energy, to cut carbon footprint by 60%

Hinduja Renewables, part of the Hinduja Group, has built a solar plant for Ashok Leyland

Ashok Leyland picks 26% stake in Prathama Solarconnect for Rs 19 cr

The company has reported a loss of Rs 76.97 lakh in 2019-20

Hinduja Group arm GOCL Corp reports Rs 32.96 cr profit for Dec qtr

The total income surged 142 per cent to Rs 63 crore during the quarter under review, as against a topline of Rs 26 crore a year ago, GOCL Corporation said in a release

Gulf Oil Lubricants partners Gulf Oil Intl for exploring EV charging space

The charging station market, as per estimates, is expected to have a good potential in coming years, wherein around 50-60 per cent is expected to be in residential charging solutions

Hinduja Global Solutions Q3 net profit up nearly 6% to Rs 75.1 crore

CES got a boost from recent client wins and the festive season, the healthcare business saw its growth driven by a strong Open Enrolment season across the US, Jamaica

Hindujas get another extension to subscribe to IndusInd Bank warrants

New deadline set at Feb 4, 2021, by which time Hindujas must bring in Rs 2,021.45 crore towards subscription

RBI panel's suggestion 'rightfully' puts greater onus on promoters: Hinduja

Applauding RBI's recommendation to increase the shareholding of bank's promoters in the bank, Ashok Hinduja said it rightfully puts a greater onus on the promoter-shareholders to exercise oversight

Gulf Oil second-quarter net profit declines 4.59% to Rs 59.13 crore

Hinduja group-owned lubes maker Gulf Oil reported a 4.59 per cent decline in net profit at Rs 59.13 crore for the September quarter of this fiscal. The company had posted a net profit of Rs 61.98 crore in Q2FY20, according to a Gulf Oil release on Saturday. The net sales declined 2 per cent to Rs 411.74 crore in the September quarter, as compared to Rs 421.28 crore in the July-September period of the previous fiscal. The company has recorded all round growth in July-September quarter to deliver significantly improved numbers based on initiatives to drive up volume growth across all segments and continuing cost prudence measures, Gulf Oil said in the release. "The demand conditions across many segments were showing strong revival and we are pleased to deliver a robust performance on both top line and bottom line front with highest quarterly profitability and highest EBITDA margins," said Ravi Chawla, Managing Director & CEO, Gulf Oil Lubricants India Ltd. A robust supply chain and

Ashok Leyland commercial vehicle sales rise 1% in October to 9,989 units

Hinduja flagship firm Ashok Leyland reported 1% increase in total commercial vehicle sales to 9,989 units in October

Air India to fetch better valuation if sold with zero debt, say bidders

Debt-free airline is a good opportunity to invest, say prospective buyers

Ashok Leyland's Chairman Emeritus R J Shahaney passes away after illness

Shahaney laid the strong foundation in manufacturing, engineering and technology for the company

Hinduja Global Solutions Q1 net profit up 21.7% at Rs 49.2 crore

Hinduja Global Solutions (HGS) has registered a 21.7 per cent rise in consolidated net profit at Rs 49.2 crore for the quarter ended June 2020

HGS Digital joins Amazon Web Services Contact Center Intelligence solutions partner program

With 61 delivery centers in 7 countries, HGS successfully manages billions of customer interactions every year

Will SC verdict on coparcenary lead to more disputes among biz families?

Lawyers say this judgment can open a can of worms as women in many business families can now assert their right to an equal share in inheritance

Re-examining business, operating models, says Ashok Leyland chairman

Hinduja Group flagship Ashok Leyland is re-examining the business and operating models in the wake of the COVID-19 outbreak, a top official has said.