NXTDIGITAL reports annual profit of Rs 110.05 crore as against a loss of Rs 303.43 crore a year ago.
HGS' revenue from operations, however, grew 2.6 per cent to Rs 1,318.6 crore in the quarter under review, as against Rs 1,284.6 crore in the year-ago period
IT company Tech Mahindra and Hinduja Group's CyQureX on Wednesday announced a global partnership to jointly offer cyber security solutions. Under the partnership, Tech Mahindra will provide consulting, planning, designing, integration, orchestration and automation of services and CyQureX will prioritise capabilities in the cyber security domain, a joint statement of both the entities said. "We see cybersecurity not only as an essential service but as a key business differentiator for our clients. The partnership with Hinduja Group's CyQureX aligns with our core business proposition, and will further strengthen our position as the cybersecurity partner of choice for our customers globally," Tech Mahindra managing director and chief executive officer CP Gurnani said in a statement. Hinduja group co-chairman GP Hinduja said with rapid transformation of business to digital, cybersecurity will be the cornerstone to protect all digital assets, particularly for digital transformation of ..
Here's a selection of Business Standard Opinion pieces for the day
There was no will; no other binding documents; no family constitution - just a letter, prompting a leading lawyer to say it couldn't get more absurd than this.
The complex holding structure of various group companies across various jurisdictions can lead to multiple and fresh litigation for years, they warn.
The legal battle in the Hinduja family, which could result in a partition of family assets, is likely to delay their plan to increase stake in IndusInd Bank
The bank is promoted by holding companies IndusInd International Holdings and IndusInd, which are predominantly controlled by Ashok Hinduja, the youngest among the four Hinduja brothers.
The case revolves around the "validity and effect" of a letter that states brothers appoint each other as their executors, and that assets held in any single brother's name belong to all four
A 2014 letter that says assets held by one brother belong to all four is at centre of legal dispute; S P Hinduja's daughter to act on his behalf
It is time business families focussed on governance
The eldest son of Parmanand D Hinduja, Srichand, 84, is the head of Hinduja Family and Chairman of Hinduja Group and charitable foundations
Jaguar Land Rover, a marquee entity of the Tata group, has been majorly hit by the freeze
The acquisition is part of the 6.99% acquisition approved by the board of directors at a meeting held on March 21
The acquisition is part of the 6.99 per cent acquisition approved by the Board at the meeting held on March 21, 2020.
It may be noted that Ashok Leyland decided to acquire 9% stake in HLFL as against its original plan to acquire 19%
The AL board continues to believe that the proposal to raise the shareholding in HLFL was consistent with the philosophy to prevent any future dilution based on HLFL's growth plans
A month later, now, the company announced that it would invest Rs 1,200 crore to buy stake in HFL
The cost of acquisition will be not be exceeding Rs 1,200 crore, on cash consideration
The Tata group, the Hinduja group, Indigo and a New York-based fund, Interups, are also expected to submit their EoIs. The deadline of submitting the EoI is March 17