Live Breaking News & Updates on Nissan international holding

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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.

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Nissan former chief files lawsuit against motor company in Lebanon

Nissan former chief files lawsuit against motor company in Lebanon
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

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French investigators interrogate Carlos Ghosn in Beirut

Carlos Ghosn - Carlos Ghosn speaks during a press conference. A team of French investigative judges on Monday started questioning former Renault-Nissan boss Carlos Ghosn in Beirut over suspicions of financial misconduct, a judicial source said. - Marwan Naamani/dpaA team of French investigative jud...

Beirut , Beyrouth , Lebanon , Japan , Tokyo , France , Brazil , Versailles , Îe-de-france , Lebanese , French , Brazilian

Ghosn ordered by Dutch court to repay $6m to Nissan

Ghosn ordered by Dutch court to repay $6m to Nissan
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The amount covers net remuneration Ghosn received from April to November 2018
May 23, 2021
Carlos Ghosn was ordered by a Dutch court to pay almost EUR5m ($6m) to a local unit of Nissan Motor Co. in one of the first rulings arising from the global legal battle between the fallen auto executive and his former employer.
The former chairman has “no right to fair compensation, transitional compensation or arrears of salary” since no employment contract existed between him and Nissan-Mitsubishi, an Amsterdam-based joint venture called NMBV, the district court in the Dutch capital said in a ruling on Thursday.

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Carlos Ghosn, condenado a pagar cinco millones a Nissan-Mitsubishi | Compañías

Carlos Ghosn, condenado a pagar cinco millones a Nissan-Mitsubishi | Compañías
elpais.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from elpais.com Daily Mail and Mail on Sunday newspapers.

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La Jornada - Carlos Ghosn deberá pagar 5 millones de euros a Nissan-Mitsubishi

La Jornada - Carlos Ghosn deberá pagar 5 millones de euros a Nissan-Mitsubishi
jornada.com.mx - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jornada.com.mx Daily Mail and Mail on Sunday newspapers.

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Ashok Leyland completes acquisition of 38% stake in Hinduja Tech

Read more about Ashok Leyland completes acquisition of 38% stake in Hinduja Tech on Business Standard. Powered by Capital Market - Live News

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Stocks to Watch: Bharti Airtel, Indiabulls HFC, Ashok Leyland, DHFL, RailTel

Stocks to Watch: Bharti Airtel, Indiabulls HFC, Ashok Leyland, DHFL, RailTel
Top 10 stocks that could be in news today. (Photo: iStock)Premium
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Bharti Airtel: The telecom operator will conduct an extraordinary general meeting 19 March to seek the approval of board members on the proposal of issuance of equity shares of the company on preferential basis through special resolution. The company had raised $1.25 billion overseas, it said on Thursday.
Indiabulls Housing Finance Ltd: The company has issued foreign currency convertible bonds, it's first such issuance, worth ₹ 1,091 crore, it said on Thursday. The secured convertible bonds are due 2026. The initial conversion price is ₹242 per fully paid-up equity share of the company.

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Nifty, Sensex under pressure due to rising bond yields and global cue – Weekly closing report

Nifty, Sensex under pressure due to rising bond yields and global cue – Weekly closing report
Moneylife Digital Team
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We had mentioned in last week’s closing report that Nifty, Sensex may try to bounce back. The major indices were volatile and ended with major losses. The trend of the major indices in the week is given in the table:

On Monday, the indices suffered a major correction. On the NSE, there were 561 advances, 1,388 declines and 86 unchanged.

Karnataka Bank reported a fraud to the RBI of about Rs 34.16 crore in credit facilities extended to IL&FS Transportation Networks.

Torrent Power emerged as the highest bidder for 51% privatisation of Power Distribution Company in the UT of Dadra & Nagar Haveli and Daman & Diu.

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Ashok Leyland to acquire Nissan International's 38% stake in Hinduja Tech

Ashok Leyland has entered into a share purchase agreement with Nissan International Holding BV to acquire the latter's 38 per cent stake in Hinduja Tech Limited (HTL) for Rs 70.20 crore.
The commercial vehicle major on Thursday informed BSE that it has entered into a share purchase agreement with Nissan International Holding BV to acquire 58,500,000 shares for a total consideration of Rs.70,20,00,000/- constituting 38% in the paid-up share capital of Hinduja Tech Limited (HTL). Consequent to the aforesaid acquisition, HTL will become a wholly-owned subsidiary of the Company.
The company owns 62 per cent in the paid-up share capital of HTL and the remaining is held by Nissan International Holding BV. The company proposes to acquire 58,500,000 shares held by Nissan International Holding B.V to make it as a wholly-owned subsidiary of the Company.

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