Hinduja group
| Hinduja Group
|
|
|---|---|
 |
|
| legal form | Limited |
| founding | 1919 |
| Seat |
Mumbai , India
|
| management | Hinduja Brothers |
| Number of employees | 72,000 |
| Website | www.hindujagroup.com |
The Hinduja Group is an Indian conglomerate .
The Hinduja Group employs over 72,000 people and is active in more than sixty countries, including the financial market, the telecommunications sector, and the film and oil industries.
management
The group is owned by the brothers Srichand Hinduja (born November 28, 1935, Shikarpur , India ), Gopichand Hinduja (born February 29, 1940), Prakash Hinduja and Ashok Hinduja . The Sunday Times "Rich List" estimates her total wealth at 11.9 billion pounds (approx. 17.7 billion Swiss francs), making it the number 1 wealthy in the United Kingdom.
history
The company was founded by Paramanand Deepchand Hinduja (* 1901 Shikarpur, † 1971), the father of the Hinduja brothers. He opened a lending and trading business in Tehran in 1919 . The Hinduja family then worked mainly in Iran until 1979 . They left Iran before the revolution. Srichand and Gopichand emigrated to London, where they further expanded their father's export company. Prakash now lives in Geneva , Ashok in Mumbai .
Hinduja group company
| Branch | Companies |
|---|---|
| Automobile manufacturing | Ashok Leyland , Automotive Coaches & Components, Lanka Ashok Leyland, Ennore Foundries, Irizar TVS |
| Banks | IndusInd Bank, Hinduja Bank , KBL European Private Bankers |
| Energy and chemistry | Gulf Oil International, Gulf Oil Corporation |
| Information technology | HTMT Global Solutions |
| Media and entertainment | InNetwork Entertainment, InCablenet, Shop 24 Seven India Pvt, Hinduja TMT, IndusInd Media & Communications |
The bank holding company KBL European Private Bankers - called Quintet Private Bank since 2020 , which also includes Merck Finck & Co , was to be sold by the KBC Group in Brussels to the Hinduja Group in 2010 for EUR 1.35 billion . However, the sale failed due to the approval of the Luxembourg financial supervisory authority Commission de Surveillance du Secteur Financier (CSSF).
Activities and entanglements
In the 90s, the Hinduja brothers from the Indian was Central Bureau of Investigation (CBI) accused in connection with a shipment of 400 howitzers worth 1.8 billion US dollars by the Swedish company Bofors to the Indian government, commission payments from Receiving $ 7 million. In 2005 this allegation was dropped by the Indian Supreme Court after eighteen years of investigation .
When the vehicle manufacturer Ashok Leyland , a Hinduja Group company based in India and managed by Ashok Hinduja, supplied the Sudanese government, conflicts arose in Great Britain. Some of the managing directors of the Indian company were British citizens or resident in Great Britain, but the business dealings with Sudan were not compatible with British arms legislation.
The family established charitable foundations, the Hinduja Foundation , in India, the United Kingdom, and the United States that support health, education, culture, and sports around the world.
Web links
- The founder of the Hinduja Group Parmanand Deepchand Hinduja - A large transnational corporation on www.amasbank.com
- Hinduja Brothers: In the old Indian way on the website of the Handelszeitung from the balance sheet of May 25, 2007
- Karam Hinduja wants to prove that he became head of a private bank not only because of his parentage on the NZZ websiteon March 15, 2020
Individual evidence
- ↑ Bettina Schulz, Hanno Mußler and Michael Stabenow: Private bank Merck Finck & Co goes Indian . In: FAZ . May 21, 2010 ( faz.net ).
- ↑ New plans for Merck Finck. The Munich private bank could go public. (No longer available online.) In: faz.net . March 30, 2011, archived from the original on November 10, 2012 ; accessed on April 23, 2015 .
- ↑ news.bbc.co.uk
- ↑ publications.parliament.uk