Hinduja Group News
Tech Mahindra, Hinduja Group's CyQureX sign global pact for cyber security biz
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
1 min read29 Jul 2020Indusind Bank shares jump over 7% on fund raising plan
On the NSE, Indusind Bank stock gains 7.17% to Rs564.75. And it surges by 6.99% to Rs563.75 on the BSE
1 min read29 Jul 2020Ashok Leyland gets permissions to resume operations at Alwar, Bhandara, Pantnagar plants
The government had relaxed guidelines for extended lockdown and allowed industrial units in rural areas or outside municipal limits to resume partial operations
1 min read22 Apr 2020Hindujas shed most wealth in market rout amid virus fears
Market valuation of Hinduja firms falls 67.27% followed by Bajaj companies at 42.59%, M&M at 36.76% Tata Chemicals was the biggest individual loser with 70.35% lost till 25 March
2 min read26 Mar 2020Synergy, Prudent left in the fray as Hinduja refuses to board Jet Airways
With only two parties left in the fray, the revival of Jet is an uphill task Prudent, an asset restructuring company, submitted its initial bid for Jet on Wednesday, the final day of submitting bids
2 min read15 Jan 2020Synergy Group submits new bid, keeping Jet’s rescue hopes alive
Lenders to Jet Airways have set a final deadline of 15 January for the submission of expressions of interest While Synergy wants Jet’s lenders to make a huge haircut on its debt of over ₹8,500 crore, it will also need to find an Indian partner for the acquisition
2 min read6 Jan 2020Hinduja, Synergy, Dubai fund may bid for Jet Airways
Lenders are unwilling to give more time and have set a final deadline of 15 Jan for expressions of interest The Hinduja group is looking to acquire Jet Airways if it is indemnified from the airline’s legal liabilities
1 min read3 Jan 2020Hinduja group still keen on buying Jet if protected from its legal liabilities
The London-based Hinduja group abandoned plans to resurrect Jet Airways after showing an initial interest Jet Airways, which had a negative net worth, had accumulated losses of more than ₹13,000 crore over the past few years
3 min read22 Dec 2019Hinduja Group’s IndusInd Media partners Jungo TV to launch channel in India
The integrated platform will bring a slate of international video-on-demand and digital-first content to the country Jungo TV recently partnered with SonyLIV to bring content from Combat Go, Front Row, and ES24 to homes across India
2 min read4 Sep 2019End of the runway for Jet Airways as Etihad, Hinduja baulk
Hinduja halts negotiations, Etihad shelves plan to increase its investment Abu Dhabi-based Etihad was earlier keen to save its investment in Jet Airways, but now that plan is on the back burner
3 min read11 Jun 2019