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Hinduja Tech: Hinduja Tech in Talks with PE Funds for Minority Stake Sale - Vimarsana News

Hinduja Tech: Hinduja Tech in Talks with PE Funds for Minority Stake Sale

Hinduja Tech (HTL), the digital technology arm of Hinduja Group's flagship company Ashok Leyland, is in early talks with private equity funds to sell a minority stake in the company. HTL plans to raise around ₹830 crore ($100 million) at a valuation of $400 million (₹3,300 crore) to support its expansion in the e-mobility industry. The company has engaged investment bank Rothschild to find an investor.

DSEI 2023: DSD sees bright electric defence vehicle future - Vimarsana News

DSEI 2023: DSD sees bright electric defence vehicle future

DSD makes its debut at DSEI London amidst a surge in international defence projects, bolstered by a strong US presence and active ventures across Europe and Asia.

Electrification of commercial fleets and the road to decarbonisation - Vimarsana News

Electrification of commercial fleets and the road to decarbonisation

Electrification of vehicles has been long-promoted to achieve decarbonisation. What are the challenges of electrifying commercial fleets?

The Engineer - Unlocking electric drive potential with SMCs - Vimarsana News

The Engineer - Unlocking electric drive potential with SMCs

Isotropic SMC materials could add a whole new dimension to electric motor design. Chris Pickering reports.

Stocks to Focus: HDFC AMC, Vedanta, PTC India, IDBI Bank, Siemens - Vimarsana News

Stocks to Focus: HDFC AMC, Vedanta, PTC India, IDBI Bank, Siemens

HDFC Asset Management: HDFC Asset Management Company (AMC) on Tuesday said one of the company promoters, abrdn...