Hinduja Ventures has rallied 6% to Rs 458 after the company reported a 97% jump in consolidated net profit to Rs 28.50 crore for the quarter ended September 2010 compared to Rs 14.45 crore in the same quarter of the previous year.
Ranbaxy Laboratories has advanced 2% to Rs 434, after the company launched a generic version of Prasugrel, used in treating heart diseases, from Daiichi Sankyo portfolio in India as part of strategy to bring drugs from the parent company's stable.
The Hinduja Group today said it was close to acquiring an Indian construction company in a bid to secure a foothold in India's fast growing infrastructure sector, especially roads, and also announced an investment of $10 billion (around Rs 46,200
The Hindujas today took off the veil over their mid-sized Amas Bank in Switzerland by renaming it as "Hinduja Bank&", in what its chief executive described as a bold move to expand its activities in trade finance, wealth management and
Promoters of 467 companies have pledged with lenders an average 23 per cent of their holdings so far, but India Inc isn't losing any sleep over it. For, a majority of Indian companies have been pledging shares for more than two decades, if not longer.