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BRITISH LEYLAND
Ashok Leyland shares drop 5% as UK EV unit considers shutdown; promoter entity pledges Rs 6,400 crore worth of sharesAshok Leyland shares: The Chennai-based automaker announced on Wednesday that a prolonged economic downturn in the British bus industry, al...- Ashok Leyland’s Switch Mobility commences consultation process to shut its UK plantAshok Leyland will cease manufacturing operations at Switch Mobility in the UK to reduce losses, citing economic uncertainty in the British...
- Ashok Leyland says may shut loss-making e-bus plant in UKAshok Leyland's electric bus unit Switch Mobility may close its Sherburn plant in the UK as part of a review process. This could make the u...
- Man arrested by UK police after around 250 cannabis plants seized in Lancashire's LeylandUK police arrested a man after around 250 cannabis plants were seized at discussed business premises in Lancashire's Leyland
- Switch Mobility commits £300 million in UK and India, to create 4000 jobsOn Thursday, UK and Indian businesses confirmed more than £1bn in new investments, with Switch confirming its plans to invest £300m across ...
- Ashok Leyland appoints former president and CEO of Aston Martin Andy Palmer as its Executive VC and CEO of EV arm Switch MobilityA new leadership team has been appointed to leverage the legacy manufacturing and innovation capabilities of Ashok Leyland and Optare, whil...
- Ashok Leyland appoints Andrew Palmer non-executive chairman of British arm Optare PlcHinduja Group's flagship firm Ashok Leyland on Saturday said former Aston Martin CEO Andrew Palmer has been appointed as non-executive chai...
- Reliance Jio, 7 others to list commercial papers worth Rs 35,585 crore on BSEThe issue size is Rs 29,650 crore for Reliance Jio Infocomm, Rs 3,350 crore for Bajaj Housing Finance, Rs 950 crore for Redington (India) a...
- Hinduja group eyes critical share of London Bus EV plan with optareHinduja Group in 2013, Optare took a decision to shift focus to electric buses from conventional diesel buses in 2017 and the company stand...
- Slowdown impact: Ashok Leyland floats VRS, separation scheme for employeesAshok Leyland is among a clutch of automakers trying to cut its input costs amid slowing sales.
- Why NBFCs offer great investment opportunities: Dhanpal Jhaveri, Everstone Cap“We have been quite conservative and we generally are little a bit risk averse.”
- 400 more students for scholarship programme: UK MinisterTo change that perception, one of the recent changes that the government made was to increase the number of scholarships awarded to Indian ...
- G P Hinduja launches new-age India-UK bus, MetroDeckerThe blue MetroDecker marks a turnaround in the fortunes of ailing British bus manufacturer Optare, which had been acquired by Ashok Leyland...
- Cables talk of Sanjay Gandhi’s business ambitionshough the Gurgaon based Maruti did not manufacture buses, during emergency, BEST issued the tender to it without any objection, according t...
- Listen more to entrepreneurs: GP Hinduja tells UK governmentThe chief of Britain's Hinduja Group has told the UK government to listen to entrepreneurs instead of economists on how to fix the ailing B...
- Foreigners covet british brands is a vindication of its marketing prowessLittle wonder that it even found a spot in the opening extravaganza at the London Olympics last year, with the Jaguar, Rolls Royce others.
- Visa problems putting off Indians to invest in UK: HindujasGopichand said that some of his Indian friends in UK had already "started migrating to other destinations like Dubai & Geneva.
- UK's efforts to forge closer ties with India were failingCriticising UK Government's current approach, Gopichand Hinduja questioned the quality of advice being offered to Cameron on India trade ma...
- 'Hindujas to buy majority stake in British bus maker Optare'A potential counter-bid for Optare from Alexander Dennis evaporated yesterday after the latter's backers, led by Sir Brian Souter, dropped ...
- LNM is the star of the showThe big guns of the British Indian community turned out in full force, especially the business contingent. At 9, Kensington Palace Gardens,...
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