Diversified international conglomerate Hinduja group will buy Luxembourg-based banking and insurance company KBC's private banking arm for Euro 1.35 billion ($1.69 billion), both parties informed in a statement Friday.
Hinduja Ventures Ltd (HVL) through a scheme of arrangement, integrating media & communication business of its subsidiary IndusInd Media and communication Ltd (IMCL) by way of a demerger with itself.
The Hinduja Group's Ashok Leyland and Japanese Nissan Motor Company on Tuesday said their joint venture will roll out light commercial vehicles (LCVs) in mid-2011.