Hinduja Holding Buys Swiss Bank By: monika | - Hinduja Swiss Holding Ltd, holding company of Hinduja Bank (Switzerland) Ltd. (HBS), announces the acquisition of Banca Commerciale Lugano (BCL). BCL will be subsequently merged with HBS, which offers a full range of services covering Wealth Management, Trade Finance, Investment Solutions and Corporate Finance to its Customers. HBS presently provides services at its five locations in Switzerland (Geneva, Zurich, Lucerne, Basel, St. Margrethen). It covers the Middle-East and the Sub-Continent mar ... Tags:Hinduja group, Hinduja, Hindujas, Hinduja family, Hinduja brothers, Global Investment, investment banking, International trading, Hinduja foundation,
The introduction of the special Textile Package during the 2003-2004 budgets became the turning point in the history of the Indian Textile Industry. The proposals made in the budget spoke of reforms to be undertaken to attract investment in this industry. The outcome of the budget being: setting up of a fund in accordance with the recommendations of the aforesaid budget with an initial principal amount of Rs.3000 crores. The fund was espe ... Tags:Indian textile industry, textile industry, products, exports
India's Ongc And Hinduja Group To Invest $10 Billion In Iranian Gas Field Lng Project By: monika | - Researched by Industrial Info Resources (Sugar Land, Texas) - Iran's deputy oil minister and the Managing Director of the National Iranian Oil Company (NIOC) (Tehran, Iran), Seifollah Jashnsaz, has announced that India's state-run oil exploration and production company Oil & Natural Gas Corporation Limited (ONGC) (New Delhi) and partners will invest about $10 billion in a liquefied natural gas (LNG) project and two massive gas field development projects in Iran.
Global Recession, Global Solution. By: monika | - Nothing quite like the current economic crisis has happened before, with financial systems the world over all failing in tandem. But it is worth noting that the boom that preceded the present downturn was not an overnight occurrence; it gathered pace over a decade of negative saving and under investment--particularly in the U.S.--along with certain corrupt practices that were readily tolerated in the midst of the "boom" period.
