Hinduja

Belgian company KBC has cancelled a proposed €1.35 billion $1.9 billion sale of its private banking arm to Indian group Hinduja after it failed to get regulatory approval.

Deals India Morning Roundup 2011

And we said, in this domain, let's come together, says Dr. Sumantran, non-executive chairman of Hinduja Leyland.

Emerging-Market Education Of Renault-Nissan's Carlos Ghosn 2011

The Hinduja Group plans to renew its thrust into India's power sector with the much delayed Vizag project in India expected to be fully operational by September 2013, senior officials said.

Deals India: Morning News Roundup DEALS INDIA STAFF 2011

*** Financial services KBC Group, the Belgian financial services company, said the Luxembourg regulator has blocked the planned €1.35 billion $1.89 billion sale of its KBL European Private Bankers unit to the Hinduja Group.

Business Watch 2011

KBC had agreed in May to sell KBL to the Hinduja Group.

Regulator Blocks KBC's Private-Bank Sale Laurence Norman 2011

Business process outsourcing firm Hinduja Global Solutions today said it has acquired Canada- based customer relationship management company On-Line Support Inc (OLS) at an enterprise value of 74.85 million Canadian dollar (nearly Rs 354 crore) in an all-cash deal.

Deals India: Morning News Roundup Deals India Staff 2011

NEW DELHI - Hinduja Global Solutions Ltd. is close to finalizing a joint venture in China to provide business process outsourcing services to clients in the world's second-largest economy, the chief executive of the Indian company said.

Hinduja Global Solutions: Close to Finalizing JV in China R. Jai Krishna Of DOW JONES NEWSWIRES 2011

In addition, Sir Paddy Ashdown, who was mentioned in the Guardian January 25, has also issued a statement saying that reports that he was a referee for either of the Hinduja brothers are "completely incorrect".

Corrections and clarifications 2011

Hinduja Global Solutions, which had 19,435 employees at the end of June, services more than 100 customers across countries such as the U.S., U.K., India and the Philippines through 42 centers.

Hinduja Global Solutions: Close to Finalizing JV in China R. Jai Krishna Of DOW JONES NEWSWIRES 2011

The regulator seems to have blocked the deal because of lack of transparency about Hinduja's financial situation, said Matthias de Wit , an analyst at Brussels-based Petercam.

Regulator Blocks KBC's Private-Bank Sale Laurence Norman 2011