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HINDUJA LEYLAND FUNDING
Hinduja said to seek $200 million for Ashok Leyland’s electric mobility services unitAshok Leyland is exploring a $200 million funding round for its electric mobility unit, OHM Global Mobility. The Hinduja family's conglomer...- Hinduja Group arm HGS charged with Rs 2,500 cr tax evasionThe Income Tax Department has accused Hinduja Global Solutions (HGS) of tax evasion amounting to approximately ₹2,500 crore. An internal re...
- Hinduja Tech sells 20% stake to Creador for $50 millionHinduja Tech Limited plans to raise about $100 million to meet expansions in the eMobility industry and hired investment bank Rothschild to...
- Ashok Leyland to invest Rs 1,200 crore in Switch MobilityAshok Leyland has announced that the board has approved an investment of Rs 1,200 crore in its EV arm Switch Mobility for capital expenditu...
- Switch Mobility to launch five new models in FY24According to Hinduja, the first of the five models planned for FY24 will be an electric bus meant for the European markets. It is expected ...
- Hinduja Leyland Finance raises Rs 910 crore via QIBThe Chennai-based company primarily focuses in the vehicle finance business, having established a presence in the entire spectrum of vehicl...
- NXTDigital-HLF merger to create value for all shareholders: HindujaThe Hinduja Group has announced a restructuring of a few group entities where listed firm NXTDigital will transfer its digital and communic...
- Merger of Ashok Leyland group companies may create valueWith this merger, the listed company would be able to raise funds through various routes such as qualified institutional placement and fund...
- Ashok Leyland mulls separate plant for EVs; lines up Rs 500 cr investment for alternative fuel techThe commercial vehicle company aims to expand its electric vehicle portfolio as well as develop new engines keeping in mind the changing ma...
- Switch Mobility closing in on $200 million fund raise, says Dheeraj HindujaThe fundraise will meet the investment requirement of over $500 million in the next 3-5 years for Hinduja Group EV endeavours. The money wi...
- Ashok Leyland to pare stake buy in HLFLAshok Leyland would now hold 69 per cent in Hinduja Leyland Finance, which is valued at about Rs 5,600 crore, against Ashok Leyland’s curre...
- Home Credit India raises Rs 600 croreThe funds, according to a release, will be primarily utilized for supporting business growth and expanding operations across India.
- Loan pooling turning popular among NBFCsThese loans are bundled together and backed by a common guarantee provided by IFMR Capital.
- Hinduja Leyland Finance buys Rs 107-crore worth loans from MFIsHinduja Leyland Finance has bought the pooled loan portfolios against the loan receivables of companies operating across segments such as m...
- Hinduja Leyland Finance, CL Educate get Sebi approval for IPOHinduja Leyland Finance's IPO comprises fresh issue of equity shares worth Rs 500 crore and an offer for sale up to 26,608,810 scrips by ex...
- Ashok Leyland sells 31.25 lakh IndusInd Bank shares for Rs 149 croreAshok Leyland today offloaded 31.25 lakh shares of private sector lender IndusInd Bank for an estimated Rs 149 crore through the open marke...
- Everstone to invest Rs 200 cr for a minority stake in Hinduja Leyland FinanceEverstone group has agreed to invest Rs 200 crore for a minority stake in commercial vehicle financing firm Hinduja Leyland Finance
- Hinduja group to rope in Gulf investors for India projectsHinduja Group, a UK-based diversified conglomerate, plans to rope in Gulf investors including UAE's sovereign wealth funds as partners for ...
- Everstone Capital to buy 15% stake in Hinduja Leyland FinanceThe private equity fund will pay Rs 200 crore for the stake, valuing the vehicle financing company at Rs 1,000 crore.
- Everstone leads race for stake in Hinduja FinanceEverstone could invest Rs 150 crore for a stake of about 10% in Hinduja Leyland Finance.
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