Ashok Leyland Finance,the NBFC arm of the Hinduja Group,is in talks to sell a small stake to private equity funds such as Temasek,Everstone Capital and AIS Capital,as reported by ET.
The firms promoters,truck and bus maker Ashok Leyland and the Hinduja Group companies,want to sell 10% to raise about.100 crore for business expansion.Read Full Story
Ashok Leyland decrease in excise duty on chassisby the same amount.
The government cut excise duty on commercial vehicle chassis to 14% this week.
Ashok Leyland, India’s second-largest truck and bus manufacturer, raised its prices by 5% after the excise duty was raised by that amount in the federal Budget in March.Read Full Story
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The Chennai based utility and commercial vehicle manufacturer, Ashok Leyland has announced that it has no interest in foraying into the business of making passenger vehicles. Vinod Dasari, the MD of India’s No. 2 truck maker Ashok Leyland made this statement in reply to many media reports that have been surfacing for some time now on the web stating that Ashok Leyland is planning to jointly pursue the design and development of low cost passenger vehicle with Nissan.
Last month...Read Full Story
Posted by Harinder Sharma
The Hinduja flagship, Ashok Leyland has unveiled the Super Stallion 8x8 High Mobility Vehicle (HMV) and with that, the expansion of their range of logistics vehicles. Also being displayed for the first time is a new face-lifted version of the very popular Stallion in 6x6 configuration with a new high power engine and auto transmission. “The HMV 8x8 Super Stallion is our new top-of-the-range offering – a contemporary technology product that is proudly indigenous...Read Full Story
The New 2012 Ashok Leyland Stile Car Show In Autoexpo Early. this car prices is Rs 8 lac approx. and we are adding some photo gallery of this car.Front View of Light blue Ashok Leyland Stile Car Photowhite color Ashok Leyland Stile car images from pics motorbeamWhite Side of this Ashok Leyland Stile carRead Full Story
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