Hinduja Brothers

Swiss court clears Hinduja family members of human trafficking charges

The complainants in the case withdrew their allegations, stating in court that they had been misled into signing statements they did not even understand

Hindujas appeal against Swiss court's jail term order for exploiting staff

Britain's wealthiest family, the Hindujas, on Friday said they were appalled by a Swiss court's ruling of jail terms for some members in Geneva and that an appeal has been filed in a higher court challenging the verdict finding them guilty of exploiting vulnerable domestic workers. In a statement issued on behalf of the family, lawyers from Switzerland stressed their clients Prakash and Kamal Hinduja, both in their 70s, and their son Ajay and his wife Namrata had been acquitted of all human trafficking charges. They also dismissed media reporting that any members of the family faced detention after court reports from Geneva said the four were sentenced to between four and four-and-a-half years in prison. Our clients have been acquitted of all human trafficking charges. We are appalled and disappointed by the rest of the decision made in this court of first instance, and we have of course filed an appeal to the higher court thereby making this part of the judgement not effective, ..

Hinduja Group planning to raise Rs 7,300 cr to partly fund RCap buy

It has mandated Barclays Plc and 360 ONE as arrangers and underwriters for the issuance, the people said, asking not to be identified as the discussions are private

'Spent more on dog than staff': Billionaire Hindujas accused of trafficking

The trial got underway on Monday after four members of the Hinduja family were indicted last year by Geneva prosecutors for alleged human trafficking and mistreatment of their domestic staff

Hindujas inks new India-UK healthcare pact with King's College London

The Hinduja Group and King's College London on Wednesday announced a new partnership aimed at improving healthcare outcomes in India and the UK, through training and research capacity building as well as scholarships for Indian students. King's College London, Guy's & St. Thomas' NHS Foundation Trust, the Hinduja Foundation UK and Mumbai's P.D. Hinduja Hospital & Medical Research Centre run by the National Health & Education Society are involved in the new strategic partnership to advance two-way training, education and research capacity building. It will lead to the creation of a new Hinduja-King's Health Partners Academy with the aim of driving forward the development of new technologies to address global healthcare challenges. This collaboration will only strengthen the UK's close links to India, and create greater research capacity in healthcare engineering, clinical innovation, and advanced training," said UK Deputy Prime Minister Oliver Dowden after a visit last ...

Hinduja Group enters MF space as IIHL picks up 60% in Invesco AMC

Inks deal with US' Invesco to form JV; IndusInd to hold 60% stake

Ashok Leyland to make 1225 buses for Karnataka state transport undertakings

Company says order will strengthen its lead in Indian bus manufacturing

I-T Department conducts survey at some entities of Hinduja Global Solutions

The Income Tax department on Wednesday conducted a survey operation at some entities of the Hinduja Group in Mumbai and some other cities, official sources said. The survey operation is being undertaken as part of a tax evasion investigation and offices in Mumbai and some other cities are being covered, they said. As per the I-T law for survey operations, only office premises are being covered. An email sent by PTI to the Hinduja Group did not elicit an immediate response. Sources said the tax department action is also linked to provisions of the General Anti-Avoidance Rules (GAAR). The Hinduja Group, which owns IndusInd Bank, Hinduja Leyland Finance and Hinduja Bank (Switzerland), is diversifying and has plans to get into the new tech, digital and fintech as part of its new phase of growth and fill gaps through acquisitions to have complete offerings in the BFSI sector.

Hinduja Group dials lenders to raise $1 bn for Reliance Capital acquisition

The lenders that the Hinduja Group has reached out to include names like Farallon Capital, Oaktree, Ares Asia, and Cerberus

Gopichand Hinduja takes over as chairman of $34.5 billion-worth group

Gopichand Hinduja, who was the co-chairman of the Hinduja Group, oversees a diverse global business empire that spans several sectors such as automotive, oil and specialty chemicals

Top headlines: SoftBank eyes Indian startups, Hindujas top UK rich list

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Hinduja group patriarch Srichand P Hinduja passes away at 87 in London

In the '80s, the brothers were accused of taking commission from manufacturers of Bofors guns, a charge the high court rejected

Billionaire Hindujas' truce in doubt as lawyers say rift remains

The Hindujas last year had agreed to slam the brakes on copious litigation across Europe, putting on hold a feud that was tearing apart the once tightly knit British-Indian group

Hinduja sweetens offer for RCap to counter Torrent group's winning bid

CoC decide whether Hinduja offer is legally valid or not as e-auction has ended

Hinduja Global Solutions approves buyback of 6 mn shares at Rs 1,700 each

The buyback size represents 24.15 per cent and 13.19 per cent of the aggregate of the company's fully paid-up equity share capital and free reserves

The $14 billion feud that splintered the billionaire Hinduja family

The family has now called a temporary truce, but the long-running and rancorous dispute has put at stake the future governance of the Anglo-Indian empire

Decision to end family feud will not impact businesses: Dheeraj Hinduja

Asserts there will be no division of assets; "everything belongs to everyone and nothing belongs to anyone"

Billionaire Hinduja brothers end family feud on pact signed in 2014

The fight among Hinduja brothers was caused because of a pact signed by them in 2014 that said that 'everything belongs to everyone and nothing belongs to anyone'

India at 75: From Ambanis to Bajaj - 20 doyens who shaped India's business

Each one of them has played a key role in the building of India, taking ideas and giving them wings. Here's a look at 20 leaders of India Inc who are inseparable from the idea of India

Hinduja Global Solutions Q4 profit jumps to Rs 5,686 cr on one-off gains

Hinduja Global Solutions said it consolidated profit after tax jumped multi-fold to Rs 5,686 crore for March, mainly on account of gains from divestment of its healthcare services business.