Hinduja Group

Hinduja to acquire bpo

Hinduja to acquire bpo

In order to deploy idle cash, Hinduja group is on its prowl to take over business process outsourcing in the United States of America and the U. K.

This group that was broadened and diversified by Ashok P Hindhuja now plans out to acquire overseas with units from India. This group has also planned to line up investments touching $30 billion in the next five years in the country alone.

The chairman added that these investments were allocated to ten different verticals namely; power, automotive, infrastructure, oil and gas, realty, IT and media, education, banking and healthcare.

Indo-Japan venture to kick start next year.

Indo-Japan venture to kick start next year.

The light commercial vehicle (LCV) joint venture between Ashok Leyland of the Hinduja Group and Nissan of Japan will roll out its first product as scheduled in mid-2011. Three new vehicles in three years is an ambitious plan by the two companies. The production of the first vehicle would start in the first half of 2010.

Hinduja Group buys Belgian bank for Euro 1.3 billion

Srichand P. Hinduja

Indian business house, Hinduja has acquired a Belgian bank by paying close to Euro 1.35 billion.

The bank is a part of big insurance company, KBC. It is the private banking arm and is based in Luxembourg. This statement was given by both the companies together on Friday.

Hinduja is a conglomerate and has been eyeing to build a strong hold in the financial services industry. And that is why it decided to takeover one of the subsidiaries of KBL European Private Bankers.

Rs. 3,000 Crore to be Invested in Different Projects by Ashok Leyland

Rs. 3,000 Crore to be Invested in Different Projects by Ashok LeylandOfficial announcements by Ashok Leyland have confirmed that the Hinduja Group firm will be investing a whopping Rs. 3,000 crore over the coming three years on various different projects, including its light commercial vehicle JV with Nissan, the giant Japanese automobiles maker.

Hinduja Group All Set To Invest USD 50 Bn In India

The diversified Hinduja Group, whose appetite for infrastructure funds is pegged at $492 billion by 2013, is all set to invest USD 50 billion in power, realty, auto, healthcare and oil and gas projects in India.

G P Hinduja, Group's Global President said, “We have made a blueprint of investment of $50 billion investment in India spread over 10 sectors in the next 4-5 years.”