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Monday, January 06, 2025 | 04:12 AM ISTEN Hindi

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Hinduja vs Hinduja: A fight for family fortune worth pound 16 billion

The eldest son of Parmanand D Hinduja, Srichand, 84, is the head of Hinduja Family and Chairman of Hinduja Group and charitable foundations

Srichand Hinduja, Chairman of Hinduja Group
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Srichand Hinduja, Chairman of Hinduja Group

Dev Chatterjee Mumbai
The Hinduja brothers, who are battling over family assets in UK High Court, set up businesses in India and the world--jointly and always consulting each other before embarking on a new journey. They did mergers and acquisitions across the world and planned the road ahead for the group's marquee investment in IndusInd Bank. The brothers managed to tide over their biggest crisis in the mid-80s when investigating agencies alleged that they had taken a commission from Swedish firm Bofors to swing the India's order for heavy military guns in the company's favour. The allegations were never proved in the courts.

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