Promoter Hinduja Automotive on Thursday bought 2.6 crore equity shares or nearly 1 percent equity at 15.80 apiece via block deal, which was worth more than Rs 41 crore.
The industry is literally powerless in Tamil Nadu with the state electricity board (SEB) sunk in debt. With the state falling short of 4000 MW of power, the situation is going from bad to worse, reports CNBC-TV18's Swathi Narayanan.
Hinduja group company - Ashok Leyland expects to launch the light commercial vehicle or LCV “dost” across India in next six months. The company on Tuesday launched “Dost”, in Maharashtra after having already launched in the Southern states.