Hinduja Foundries Ltd, the foundry arm of Hinduja group, has decided to withdraw its proposed rights issue. The company was planning to raise Rs 124.98 crore through the issue. Meanwhile, company's board has given nod to raise upto Rs 300 crore through private placement and/or preferential basis.
The country’s largest automotive jobbing foundry maker, Hinduja Foundries Limited, a subsidiary of the Hinduja group, has decided to withdraw its proposed Rs 124.98-crore rights issue.
Ashok Leyland Limited has entered the European market, via Turkey by joining hands with Turkish company Utikar. The tie-up is producing a new range of inter-city and intra-city buses for West Asia,
Rana Kapoor, founder, managing director and chief executive of YES Bank, in his early years worked in an assembly plant, as a library assistant and as a clerk to partially finance his management
Hinduja Group’s flagship company, Ashok Leyland, is planning to invest around Rs 4,150 crore in Tamil Nadu. The proposed investments include a green-field facility to manufacture light
The Tamil Nadu government on Tuesday signed memoranda of understandings (MoUs) worth around Rs 7,850 crore with various companies including Hinduja Group’s flagship company Ashok Leyland,
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