Hinduja Group
Encyclopedia
The Hinduja Group is a conglomerate
company headquartered in London, United Kingdom. It was founded in 1914 by Parmanand Deepchand Hinduja, initially operating in Mumbai
, India
, and setting up its first international operation in Iran
in 1919. The headquarters of the Group moved to Iran where it remained until 1979, when the Islamic Revolution forced it to move to Europe
. Srichand Hinduja and his brother Gopichand moved to London
in 1979 to develop their father's export business.
The company has a large export market, including a 65% plus market share in Sri Lanka
(in the 16 ton plus category) and also enjoys a similar market share in the bus segment in Dubai
. During 2003-2005, the company executed an order of 3322 trucks for Iran under the UN’s oil and food programme, the largest ever in the Indian commercial vehicle industry.
The company is also a pioneer in CNG (Compressed Natural Gas
) buses and special vehicles for the armed forces, both of which have opened up additional export opportunities for the company.
The company currently produces 84,000 vehicles per annum, with a target of 100,000 vehicles for the year. A new vehicle assembly plant - a joint venture with Ras Al Khaimah Investment Authority (RAKIA) is being prepared in the United Arab Emirates
, which was projected to be onstream by March 2008....
The company is in the process of taking over the Detroit based "Defiance Testing & Engineering Services" (DTE), which supplies major American car manufacturers.
The Company currently has four major operating Divisions:
It has filling stations in most countries in Europe, parts of South America, and Indonesia. It also markets car batteries, car care products, vehicle air filters, lubrication machinery, and speciality chemicals in many countries. The company operates its exclusive Gulf Express chain of car service centres in Saudi Arabia and is planning to expand into Bahrain and other countries in the Middle East. It is also reported to be considering setting up a base oil refinery in India and a chain of service stations.
Gulf Oil International is also one of the biggest petroleum product traders in the world, with a large plant in China and expanding into the Middle East, Africa and the Asia Pacific Region, with entries announced into Indonesia, Sri Lanka, and China, and massive expansion projects in Dubai, Saudi Arabia and India. It is an internationally accepted company
, and is the only Indian bank to have been founded by NRIs (Non-resident Indians), and the only commercial bank in India
to receive ISO-9001:2000 certification for its branch network. It began its operation in 1994 with a capital
of Rs
1 billion and with a focus on corporate and SME lending, and following its merger with Ashok Leyland Finance Ltd (ALFL) in 2004, has had an increasing emphasis on retail banking, and has grown into a bank with capital of Rs 10 billion and assets of around Rs 200 billion. It has a customer base in excess of 1.5 million and a network of 170 branches and 99 off-site ATMs
(as on March 31, 2007) spread across 141 geographical locations pan India.
The Bank has representative overseas offices in Dubai and London, and correspondent banking relationships with 335 banks worldwide. In the recent past, the Bank has also entered into strategic alliances with Union National Bank
in the United Arab Emirates and Doha Bank in Qatar
to enhance its NRI business. The Bank’s national reach is extended further through its marketing arrangements for loan products through an associate firm, IndusInd Marketing and Financial Services, which has more than 745 marketing outlets across the country. The Bank has secured high domestic investment-grade ratings for its financial instruments from the local subsidiaries of S&P, Moody’s and Fitch
.
s in India. It has three manufacturing plants in operation in Southern India. Around 30 % of the vehicles rolled out in India (cars, commercial vehicles and tractors) have major castings supplied by the company. A modern new green field foundry
was setup in Sriperumbudur near Chennai with a state-of-the-art R&D centre and starts its production in 2007.
The company has been growing at the rate of around 42% CAGR (Sales - 32 to 100 million $) during the last 5 years (2002-3 to 2006-7) in line with the growth of new emerging India and based on the projected growth of the auto components industry in India, has plans to grow at 35-40% CAGR (Sales 100 to 250 million $) during the next 4 years.
solutions including Back office
processing, contact center, and Customized IT services to a global clientele comprising several Fortune 500 companies. Hinduja Global Solutions began as an IT consulting firm specializing in providing solutions centered on a mainframe platform, in partnership with IBM. In 1995, the company entered corporate training in mainframes.
The company has over 14500 employees with offices in North America and London, and 19 delivery centers spread across Bangalore
, Mysore, Mumbai
, Nagercoil
, Chennai
, Durgapur, Siliguri and Hyderabad in India; , Peoria, Illinois
, St Louis, Waterloo
, and El Paso
in the United States; Montreal
in Canada
, Cyber City in Mauritius
, and Manila
in the Philippines.
The Contact Center & Back Office Services Division houses multiple international voice centers and back office processing units for leading Health Insurance
, Pharmaceuticals, Life Sciences
, Telecom
, Banking and Financial Services
, Consumer Electronics
/ Products
, Technology
, Automotive, Government
, Media
and Entertainment
, Energy
and Utilities and Transportation and Logistics
companies.
HTMT’s recent acquisitions have made the company into one of the top Business process outsourcing
(BPO) companies in India, with a customer base of over 65 clients and revenues of US$200 million. It is also one of the very few companies headquartered in India with global multiple delivery centers with a major presence in the US. Its Mauritius center supports the French
-speaking population, and its Texas center provides support in Spanish
.
InCablenet
is one of the companies which come under the umbrella of Hinduja TMT or HTMT. It is part of its foray into Media and Communications.
is a modern multi-speciality tertiary care hospital with a medical research center set up in collaboration with Massachusetts General Hospital
(MGH), Boston
. The hospital has an inpatient capacity of over 350 beds including of 53 critical care beds in different specialties. As a tertiary care hospital, it offers services covering investigations and diagnosis to therapy, surgery, and post-operative care. It is the first tertiary care hospital to have been awarded the prestigious ISO 9002 certification from KEMA
, Netherlands
, for Quality management systems, and was recently awarded the prestigious "Golden Peacock Global Award" for philanthropy in emerging economies (2006).
The hospital has treated over 1.5 million outpatients, and performed over a million surgeries and over 7.5 million lab investigations. Its laboratory is the first hospital laboratory to be accredited by the College of American Pathologists
.
Dr. V Sumantran is the Chairman and Mr. Subu D Subramaniam, the CEO and MD for Defiance Technologies Limited.
More details are available here
was founded as a finance company in 1978 and became a Swiss regulated bank in 1994.
Hinduja Bank has its headquarters in Geneva and has a developed network in Switzerland including offices in Lucerne, Zurich, St Margrethen and Basle. Additionally it has a global presence in London, Dubai, Paris, New York, Mauritius and Chennai. Over the years, its businesses have expanded to include Wealth Management, Trade Finance Services, Global Investment Solutions and Corporate Finance Services.
More details are available here
, in which Swedish firm Bofors
was alleged to have paid illegal bribes to Government officials and politicians in connection with the $1.3bn sale of 400 howitzers to the Indian Government in 1986. The three brothers were charged by the Indian Central Bureau of Investigation
in October 2000, but in 2005 the High Court in Delhi threw out all charges against them, citing a lack of evidence and saying that documents central to the prosecution case were "useless and dubious" since their provenance could not be verified. Judge RS Sodhi said: "I must express my disapproval that 14 years of trial and 2.5bn rupees ($57m) of public money was spent on the case. It has caused huge economical, emotional, professional and personal loss to the Hindujas."
had telephoned Home Office
minister Mike O'Brien on behalf of Srichand Hinduja, who was at the time seeking British citizenship, and whose family firm was to become the main sponsor of the "Faith Zone" in the Millennium Dome
. Consequently, on 24 January 2001 Mandelson resigned from the Government for a second time, insisting he had done nothing wrong. An independent enquiry by Sir Anthony Hammond came to the conclusion that neither Mandelson nor anyone else had acted improperly.
In January 2001, immigration minister Barbara Roche
revealed in a written Commons reply that Keith Vaz
, Member of Parliament
for Leicester East
and at the time a Foreign Office minister, and other MPs, had also contacted the Home Office
about the Hinduja brothers, saying that Vaz had made inquiries about when a decision on their application for citizenship could be expected.
On 25 January Vaz became the focus of Opposition questions about the Hinduja affair and many parliamentary questions were tabled, demanding that he fully disclose his role. Vaz said via a Foreign Office spokesman that he would be "fully prepared" to answer questions put to him by Sir Anthony Hammond QC who had been asked by the Prime Minister to carry out an inquiry into the affair. Vaz said that he had known the Hinduja brothers for some time; he had been present when the charitable Hinduja Foundation was set up in 1993, and had also delivered a speech in 1998 when the brothers invited Tony and Cherie Blair
to a Diwali
celebration.
On 26 January 2001, Prime Minister
Tony Blair
was accused of prejudicing the independent inquiry into the Hinduja passport affair, after he declared that Keith Vaz not done "anything wrong". On the same day, Vaz told reporters that they would "regret" their behaviour once the facts of the case were revealed. "Some of you are going to look very foolish when this report comes out. Some of the stuff you said about Peter, and about others and me, you'll regret very much when the facts come out," he said. When asked why the passport application of one of the Hinduja brothers had been processed more quickly than normal, being processed and sanctioned in six months when the process can take up to two years, he replied, "It is not unusual."
On 29 January, the government confirmed that the Hinduja Foundation had held a reception for Vaz in September 1999 to celebrate his appointment as the first Asian Minister in recent times. The party was not listed by Vaz in the House of Commons Register of Members' Interests and John Redwood
, then head of the Conservative Parliamentary Campaigns Unit, questioned Vaz's judgement in accepting the hospitality.
In March Vaz was ordered to fully co-operate with a new inquiry launched into his financial affairs by Elizabeth Filkin
. Foreign Secretary Robin Cook
, Vaz's superior, also urged him to fully answer allegations about his links with the Hinduja brothers. Mr Vaz met Mrs Filkin on 20 March to discuss a complaint that the Hinduja Foundation had given the sum of £1,200 to Mapesbury Communications, a company run by his wife, in return for helping to organise a Hinduja-sponsored reception at the House of Commons. Vaz had previously denied receiving money from the Hindujas, but insisted that he made no personal gain from the transaction in question.
In June 2001 Vaz admitted that he had made representations during the Hinduja brothers' applications for British citizenship while a backbench MP. Tony Blair also admitted that Vaz had "made representations" on behalf of other Asians. On 11 June 2001 Vaz was dismissed from his post as Europe Minister, to be replaced by Peter Hain
. The Prime Minister's office said that Vaz had written to Tony Blair stating he wished to stand down for health reasons.
In December 2001 Elizabeth Filkin cleared Vaz of failing to register payments to his wife's law firm by the Hinduja brothers, but said that he had colluded with his wife to conceal the payments. Filkin's report said that the payments had been given to his wife for legal advice on immigration issues and concluded that Vaz had gained no direct personal benefit, and that Commons rules did not require him to disclose payments made to his wife. She did, however, criticise him for his secrecy, saying, "It is clear to me there has been deliberate collusion over many months between Mr Vaz and his wife to conceal this fact and to prevent me from obtaining accurate information about his possible financial relationship with the Hinduja family".
, an India-based flagship company of the brothers' Hinduja Group, announced an agreement to supply 100 army vehicles to the Sudanese Defence Ministry. It was alleged by arms campaigner Mark Thomas
that this contravened UK arms export legislation, as a number of the company's directors were UK residents or citizens.
Conglomerate (company)
A conglomerate is a combination of two or more corporations engaged in entirely different businesses that fall under one corporate structure , usually involving a parent company and several subsidiaries. Often, a conglomerate is a multi-industry company...
company headquartered in London, United Kingdom. It was founded in 1914 by Parmanand Deepchand Hinduja, initially operating in Mumbai
Mumbai
Mumbai , formerly known as Bombay in English, is the capital of the Indian state of Maharashtra. It is the most populous city in India, and the fourth most populous city in the world, with a total metropolitan area population of approximately 20.5 million...
, India
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...
, and setting up its first international operation in Iran
Iran
Iran , officially the Islamic Republic of Iran , is a country in Southern and Western Asia. The name "Iran" has been in use natively since the Sassanian era and came into use internationally in 1935, before which the country was known to the Western world as Persia...
in 1919. The headquarters of the Group moved to Iran where it remained until 1979, when the Islamic Revolution forced it to move to Europe
Europe
Europe is, by convention, one of the world's seven continents. Comprising the westernmost peninsula of Eurasia, Europe is generally 'divided' from Asia to its east by the watershed divides of the Ural and Caucasus Mountains, the Ural River, the Caspian and Black Seas, and the waterways connecting...
. Srichand Hinduja and his brother Gopichand moved to London
London
London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...
in 1979 to develop their father's export business.
Subsidiaries
The Hinduja Group incorporates:- Ashok LeylandAshok LeylandAshok Leyland is a commercial vehicle manufacturing company based in Chennai, India. Founded in 1948, the company is one of India's leading manufacturers of commercial vehicles, such as trucks and buses, as well as emergency and military vehicles. Operating six plants, Ashok Leyland also makes...
- Gulf OilGulf OilGulf Oil was a major global oil company from the 1900s to the 1980s. The eighth-largest American manufacturing company in 1941 and the ninth-largest in 1979, Gulf Oil was one of the so-called Seven Sisters oil companies...
- Hinduja Bank Switzerland
- IndusInd BankIndusInd BankIndusInd Bank Limited is a Mumbai based Indianew generation bank, established in 1994. The bank offers commercial, transactional and electronic banking products and services. Indusind Bank was incorporated in April 1994 by Dr. Manmohan Singh the then Union Finance Minister...
- Hinduja Global Solutions (formerly named HTMT Global Solutions)
- Hinduja TMT
- Hinduja Ventures
- IndusInd Media and Communications Ltd.
- Hinduja Foundries
- P D Hinduja Hospital
- Defiance Technologies Limited
Ashok Leyland Ltd
The Hinduja Group bought into Ashok Leyland, India’s second largest HCV manufacturer, in 1987. It was the Group’s first foray into India.The company has a large export market, including a 65% plus market share in Sri Lanka
Sri Lanka
Sri Lanka, officially the Democratic Socialist Republic of Sri Lanka is a country off the southern coast of the Indian subcontinent. Known until 1972 as Ceylon , Sri Lanka is an island surrounded by the Indian Ocean, the Gulf of Mannar and the Palk Strait, and lies in the vicinity of India and the...
(in the 16 ton plus category) and also enjoys a similar market share in the bus segment in Dubai
Dubai
Dubai is a city and emirate in the United Arab Emirates . The emirate is located south of the Persian Gulf on the Arabian Peninsula and has the largest population with the second-largest land territory by area of all the emirates, after Abu Dhabi...
. During 2003-2005, the company executed an order of 3322 trucks for Iran under the UN’s oil and food programme, the largest ever in the Indian commercial vehicle industry.
The company is also a pioneer in CNG (Compressed Natural Gas
Compressed natural gas
Compressed natural gas is a fossil fuel substitute for gasoline , diesel, or propane/LPG. Although its combustion does produce greenhouse gases, it is a more environmentally clean alternative to those fuels, and it is much safer than other fuels in the event of a spill...
) buses and special vehicles for the armed forces, both of which have opened up additional export opportunities for the company.
The company currently produces 84,000 vehicles per annum, with a target of 100,000 vehicles for the year. A new vehicle assembly plant - a joint venture with Ras Al Khaimah Investment Authority (RAKIA) is being prepared in the United Arab Emirates
United Arab Emirates
The United Arab Emirates, abbreviated as the UAE, or shortened to "the Emirates", is a state situated in the southeast of the Arabian Peninsula in Western Asia on the Persian Gulf, bordering Oman, and Saudi Arabia, and sharing sea borders with Iraq, Kuwait, Bahrain, Qatar, and Iran.The UAE is a...
, which was projected to be onstream by March 2008....
The company is in the process of taking over the Detroit based "Defiance Testing & Engineering Services" (DTE), which supplies major American car manufacturers.
Ashok Leyland Defence
The Hinduja group has formed an independent company to spearhead its defence business. The Group plans to cash in on the growing global demand for defence products. Ashok Leyland Defence Systems Ltd., is the newly floated company by the Hinduja Group. Ashok Leyland, the flagship company of Hinduja group, holds 26 percent in the newly formed Ashok Leyland Defence Systems (ALDS), which has a mandate to design and develop defence logistics and tactical vehicles, defence communication and other systems. Dr V. Sumantran, Executive Vice Chairman, Hinduja Automotive Limited, heads the new venture. Ashok Leyland is the largest supplier of logistics vehicles to the Indian Army. It has supplied over 60,000 of its Stallion vehicles which form the Army's logistics backbone.Gulf Oil Corporation Ltd
The chemical hub of the Hinduja Group was strengthened by the merger of Gulf Oil India Limited with IDL Industries Limited, which became effective from 1 January 2002. The merger enabled the Hinduja Group to consolidate its position in the Indian chemical segment.The Company currently has four major operating Divisions:
- Commercial Explosives - handling explosives, detonators, explosive bonded metal clads and special devices for defense and space applications. Has eight plants in India, its Hyderabad plant being the largest detonator manufacturing facility in the world (192 million per annum). It is the largest exporter of explosives and detonators to 21 countries, including the PhilippinesPhilippinesThe Philippines , officially known as the Republic of the Philippines , is a country in Southeast Asia in the western Pacific Ocean. To its north across the Luzon Strait lies Taiwan. West across the South China Sea sits Vietnam...
and countries in South East Asia, North Africa, the Persian Gulf, the Middle East, and Southern Europe. - Lubricants - lubricants, greases, and car accessories. Set up in 1993, and now the second largest private sector lubricant oil manufacturer in India.
- Mining and Infrastructure - undertakes large scale mining services in coal and iron ore, plus services to the infrastructure sector such as underground metro railways and national highways. Currently it is executing two large projects for Coal India Ltd. The Division has a major presence in the iron ore mining sector where it is working in very large mines rich in iron ore.
- Speciality Chemicals - manufactures active pharmaceutical ingredientsActive ingredientAn active ingredient is the substance of a pharmaceutical drug or a pharmaceutical ingredient and bulk active in medicine; in pesticide formulations active substance may be used. Some medications and pesticide products may contain more than one active ingredient...
, intermediates, and finished forms such as tablets, capsules, injectables and liquids. Also undertakes contract research and development services. Manufacturing based in Hyderabad.
Gulf Oil International
Gulf Oil International, which operates from London offices, is one of the largest petroleum companies and petroleum product traders in the world, operating in more than 83 countries through a network of own companies, joint ventures, licensees, and distributors. It employs more than 3000 people directly worldwide, with indirect employment touching more than 30,000.It has filling stations in most countries in Europe, parts of South America, and Indonesia. It also markets car batteries, car care products, vehicle air filters, lubrication machinery, and speciality chemicals in many countries. The company operates its exclusive Gulf Express chain of car service centres in Saudi Arabia and is planning to expand into Bahrain and other countries in the Middle East. It is also reported to be considering setting up a base oil refinery in India and a chain of service stations.
Gulf Oil International is also one of the biggest petroleum product traders in the world, with a large plant in China and expanding into the Middle East, Africa and the Asia Pacific Region, with entries announced into Indonesia, Sri Lanka, and China, and massive expansion projects in Dubai, Saudi Arabia and India. It is an internationally accepted company
IndusInd Bank Ltd
IndusInd Bank is a leading private sector bankBank
A bank is a financial institution that serves as a financial intermediary. The term "bank" may refer to one of several related types of entities:...
, and is the only Indian bank to have been founded by NRIs (Non-resident Indians), and the only commercial bank in India
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...
to receive ISO-9001:2000 certification for its branch network. It began its operation in 1994 with a capital
Financial capital
Financial capital can refer to money used by entrepreneurs and businesses to buy what they need to make their products or provide their services or to that sector of the economy based on its operation, i.e. retail, corporate, investment banking, etc....
of Rs
Rupee
The rupee is the common name for the monetary unit of account in India, Sri Lanka, Nepal, Pakistan, Mauritius, Seychelles, Maldives, and formerly in Burma, and Afghanistan. Historically, the first currency called "rupee" was introduced in the 16th century...
1 billion and with a focus on corporate and SME lending, and following its merger with Ashok Leyland Finance Ltd (ALFL) in 2004, has had an increasing emphasis on retail banking, and has grown into a bank with capital of Rs 10 billion and assets of around Rs 200 billion. It has a customer base in excess of 1.5 million and a network of 170 branches and 99 off-site ATMs
Automated teller machine
An automated teller machine or automatic teller machine, also known as a Cashpoint , cash machine or sometimes a hole in the wall in British English, is a computerised telecommunications device that provides the clients of a financial institution with access to financial transactions in a public...
(as on March 31, 2007) spread across 141 geographical locations pan India.
The Bank has representative overseas offices in Dubai and London, and correspondent banking relationships with 335 banks worldwide. In the recent past, the Bank has also entered into strategic alliances with Union National Bank
Union National Bank
Union National Bank was established as a Public Joint Stock Company in 1982 and it is one of the leading domestic banks in the United Arab Emirates. The headquarters are in Abu Dhabi. The bank offers a variety of products and services, addressing needs ranging from basic requirements of...
in the United Arab Emirates and Doha Bank in Qatar
Qatar
Qatar , also known as the State of Qatar or locally Dawlat Qaṭar, is a sovereign Arab state, located in the Middle East, occupying the small Qatar Peninsula on the northeasterly coast of the much larger Arabian Peninsula. Its sole land border is with Saudi Arabia to the south, with the rest of its...
to enhance its NRI business. The Bank’s national reach is extended further through its marketing arrangements for loan products through an associate firm, IndusInd Marketing and Financial Services, which has more than 745 marketing outlets across the country. The Bank has secured high domestic investment-grade ratings for its financial instruments from the local subsidiaries of S&P, Moody’s and Fitch
Fitch
- Places :* Fitch, North Carolina* Fitch's Covered Bridge, Delhi, New York* Fitch H. Beach Airport, an airport at Charlotte, Michigan, USA* Fitch Township, Ohio* Mount Fitch, in Massachusetts, on the Appalachian Trail* Fitchburg, Massachusetts...
.
Hinduja Foundries Ltd
Hinduja foundries is a five decades old, professionally managed company catering to the casting needs of the developing automobile OEMOEM
OEM means the original manufacturer of a component for a product, which may be resold by another company.OEM may also refer to:-Computing:* OEM font, or OEM-US, the original character set of the IBM PC, circa 1981...
s in India. It has three manufacturing plants in operation in Southern India. Around 30 % of the vehicles rolled out in India (cars, commercial vehicles and tractors) have major castings supplied by the company. A modern new green field foundry
Foundry
A foundry is a factory that produces metal castings. Metals are cast into shapes by melting them into a liquid, pouring the metal in a mold, and removing the mold material or casting after the metal has solidified as it cools. The most common metals processed are aluminum and cast iron...
was setup in Sriperumbudur near Chennai with a state-of-the-art R&D centre and starts its production in 2007.
The company has been growing at the rate of around 42% CAGR (Sales - 32 to 100 million $) during the last 5 years (2002-3 to 2006-7) in line with the growth of new emerging India and based on the projected growth of the auto components industry in India, has plans to grow at 35-40% CAGR (Sales 100 to 250 million $) during the next 4 years.
Hinduja Global Solutions Ltd.
Hinduja Global Solutions Ltd. (formerly HTMT Global Solutions) commenced its IT operations in 1993. It provides outsourcingOutsourcing
Outsourcing is the process of contracting a business function to someone else.-Overview:The term outsourcing is used inconsistently but usually involves the contracting out of a business function - commonly one previously performed in-house - to an external provider...
solutions including Back office
Back office
A back office is a part of most corporations where tasks dedicated to running the company itself takes place. The term "Back office" comes from the building layout of early companies where the front office would contain the sales and other customer-facing staff and the back office would be those...
processing, contact center, and Customized IT services to a global clientele comprising several Fortune 500 companies. Hinduja Global Solutions began as an IT consulting firm specializing in providing solutions centered on a mainframe platform, in partnership with IBM. In 1995, the company entered corporate training in mainframes.
The company has over 14500 employees with offices in North America and London, and 19 delivery centers spread across Bangalore
Bangalore
Bengaluru , formerly called Bengaluru is the capital of the Indian state of Karnataka. Bangalore is nicknamed the Garden City and was once called a pensioner's paradise. Located on the Deccan Plateau in the south-eastern part of Karnataka, Bangalore is India's third most populous city and...
, Mysore, Mumbai
Mumbai
Mumbai , formerly known as Bombay in English, is the capital of the Indian state of Maharashtra. It is the most populous city in India, and the fourth most populous city in the world, with a total metropolitan area population of approximately 20.5 million...
, Nagercoil
Nagercoil
Nagercoil is the 12th largest city in the southernmost Indian state of Tamil Nadu and a municipality and administrative headquarters of Kanyakumari District...
, Chennai
Chennai
Chennai , formerly known as Madras or Madarasapatinam , is the capital city of the Indian state of Tamil Nadu, located on the Coromandel Coast off the Bay of Bengal. Chennai is the fourth most populous metropolitan area and the sixth most populous city in India...
, Durgapur, Siliguri and Hyderabad in India; , Peoria, Illinois
Peoria, Illinois
Peoria is the largest city on the Illinois River and the county seat of Peoria County, Illinois, in the United States. It is named after the Peoria tribe. As of the 2010 census, the city was the seventh-most populated in Illinois, with a population of 115,007, and is the third-most populated...
, St Louis, Waterloo
Waterloo, Iowa
Waterloo is a city in and the county seat of Black Hawk County, Iowa, United States. As of the 2010 United States Census the population decreased by 0.5% to 68,406. Waterloo is part of the Waterloo – Cedar Falls Metropolitan Statistical Area, and is the more populous of the two...
, and El Paso
El Paso
El Paso, a city in the U.S. state of Texas, on the border with Mexico.El Paso may also refer to:-Geography:Colombia:* El Paso, CesarSpain:*El Paso, Santa Cruz de TenerifeUnited States:...
in the United States; Montreal
Montreal
Montreal is a city in Canada. It is the largest city in the province of Quebec, the second-largest city in Canada and the seventh largest in North America...
in Canada
Canada
Canada is a North American country consisting of ten provinces and three territories. Located in the northern part of the continent, it extends from the Atlantic Ocean in the east to the Pacific Ocean in the west, and northward into the Arctic Ocean...
, Cyber City in Mauritius
Mauritius
Mauritius , officially the Republic of Mauritius is an island nation off the southeast coast of the African continent in the southwest Indian Ocean, about east of Madagascar...
, and Manila
Manila
Manila is the capital of the Philippines. It is one of the sixteen cities forming Metro Manila.Manila is located on the eastern shores of Manila Bay and is bordered by Navotas and Caloocan to the north, Quezon City to the northeast, San Juan and Mandaluyong to the east, Makati on the southeast,...
in the Philippines.
The Contact Center & Back Office Services Division houses multiple international voice centers and back office processing units for leading Health Insurance
Health insurance
Health insurance is insurance against the risk of incurring medical expenses among individuals. By estimating the overall risk of health care expenses among a targeted group, an insurer can develop a routine finance structure, such as a monthly premium or payroll tax, to ensure that money is...
, Pharmaceuticals, Life Sciences
Life sciences
The life sciences comprise the fields of science that involve the scientific study of living organisms, like plants, animals, and human beings. While biology remains the centerpiece of the life sciences, technological advances in molecular biology and biotechnology have led to a burgeoning of...
, Telecom
Telecommunication
Telecommunication is the transmission of information over significant distances to communicate. In earlier times, telecommunications involved the use of visual signals, such as beacons, smoke signals, semaphore telegraphs, signal flags, and optical heliographs, or audio messages via coded...
, Banking and Financial Services
Financial services
Financial services refer to services provided by the finance industry. The finance industry encompasses a broad range of organizations that deal with the management of money. Among these organizations are credit unions, banks, credit card companies, insurance companies, consumer finance companies,...
, Consumer Electronics
Consumer electronics
Consumer electronics are electronic equipment intended for everyday use, most often in entertainment, communications and office productivity. Radio broadcasting in the early 20th century brought the first major consumer product, the broadcast receiver...
/ Products
Product (business)
In general, the product is defined as a "thing produced by labor or effort" or the "result of an act or a process", and stems from the verb produce, from the Latin prōdūce ' lead or bring forth'. Since 1575, the word "product" has referred to anything produced...
, Technology
Technology
Technology is the making, usage, and knowledge of tools, machines, techniques, crafts, systems or methods of organization in order to solve a problem or perform a specific function. It can also refer to the collection of such tools, machinery, and procedures. The word technology comes ;...
, Automotive, Government
Government
Government refers to the legislators, administrators, and arbitrators in the administrative bureaucracy who control a state at a given time, and to the system of government by which they are organized...
, Media
Mass media
Mass media refers collectively to all media technologies which are intended to reach a large audience via mass communication. Broadcast media transmit their information electronically and comprise of television, film and radio, movies, CDs, DVDs and some other gadgets like cameras or video consoles...
and Entertainment
Entertainment
Entertainment consists of any activity which provides a diversion or permits people to amuse themselves in their leisure time. Entertainment is generally passive, such as watching opera or a movie. Active forms of amusement, such as sports, are more often considered to be recreation...
, Energy
Energy
In physics, energy is an indirectly observed quantity. It is often understood as the ability a physical system has to do work on other physical systems...
and Utilities and Transportation and Logistics
Logistics
Logistics is the management of the flow of goods between the point of origin and the point of destination in order to meet the requirements of customers or corporations. Logistics involves the integration of information, transportation, inventory, warehousing, material handling, and packaging, and...
companies.
HTMT’s recent acquisitions have made the company into one of the top Business process outsourcing
Business process outsourcing
Business process outsourcing is a subset of outsourcing that involves the contracting of the operations and responsibilities of specific business functions to a third-party service provider. Originally, this was associated with manufacturing firms, such as Coca Cola that outsourced large segments...
(BPO) companies in India, with a customer base of over 65 clients and revenues of US$200 million. It is also one of the very few companies headquartered in India with global multiple delivery centers with a major presence in the US. Its Mauritius center supports the French
French language
French is a Romance language spoken as a first language in France, the Romandy region in Switzerland, Wallonia and Brussels in Belgium, Monaco, the regions of Quebec and Acadia in Canada, and by various communities elsewhere. Second-language speakers of French are distributed throughout many parts...
-speaking population, and its Texas center provides support in Spanish
Spanish language
Spanish , also known as Castilian , is a Romance language in the Ibero-Romance group that evolved from several languages and dialects in central-northern Iberia around the 9th century and gradually spread with the expansion of the Kingdom of Castile into central and southern Iberia during the...
.
InCablenet
InCablenet
InCablenet is one of the largest cable broadcasting companies in India. It provides cable television, internet, and telecommunications services for major cities such as Mumbai, Ahmedabad and Delhi. InCablenet is part of the Media division in Hinduja Group called IndusInd Media & Communications Ltd....
is one of the companies which come under the umbrella of Hinduja TMT or HTMT. It is part of its foray into Media and Communications.
P. D. Hinduja National Hospital and Medical Research Centre
The P. D. Hinduja National Hospital and Medical Research CentreP. D. Hinduja National Hospital and Medical Research Centre
P. D. Hinduja National Hospital and Medical Research Centre, also popularly known as Hinduja Hospital, is a private hospital located at Mahim in Mumbai, India...
is a modern multi-speciality tertiary care hospital with a medical research center set up in collaboration with Massachusetts General Hospital
Massachusetts General Hospital
Massachusetts General Hospital is a teaching hospital and biomedical research facility in the West End neighborhood of Boston, Massachusetts...
(MGH), Boston
Boston
Boston is the capital of and largest city in Massachusetts, and is one of the oldest cities in the United States. The largest city in New England, Boston is regarded as the unofficial "Capital of New England" for its economic and cultural impact on the entire New England region. The city proper had...
. The hospital has an inpatient capacity of over 350 beds including of 53 critical care beds in different specialties. As a tertiary care hospital, it offers services covering investigations and diagnosis to therapy, surgery, and post-operative care. It is the first tertiary care hospital to have been awarded the prestigious ISO 9002 certification from KEMA
KEMA
Established in 1927, KEMA is an independent knowledge leader and a global provider of high-quality services to the energy value chain, including business & technical consultancy, operational support, measurements & inspection, and testing & certification...
, Netherlands
Netherlands
The Netherlands is a constituent country of the Kingdom of the Netherlands, located mainly in North-West Europe and with several islands in the Caribbean. Mainland Netherlands borders the North Sea to the north and west, Belgium to the south, and Germany to the east, and shares maritime borders...
, for Quality management systems, and was recently awarded the prestigious "Golden Peacock Global Award" for philanthropy in emerging economies (2006).
The hospital has treated over 1.5 million outpatients, and performed over a million surgeries and over 7.5 million lab investigations. Its laboratory is the first hospital laboratory to be accredited by the College of American Pathologists
College of American Pathologists
The College of American Pathologists , is a medical society serving more than 17,000 physician members and the laboratory community throughout the world....
.
Defiance Technologies Limited
Defiance Technologies, a Hinduja Group Company, is a leading provider of Engineering, ERP and IT services to global customers leveraging the Global Delivery Model. Founded in 1976 in USA, Defiance was later acquired by the Hinduja Group and has a long history of serving top global companies with over 120 global clients including 30 of the Fortune 500 companies. Headquartered at Chennai, India, Defiance has world class development centers at Chennai and Bangalore in India, and state-of-the-art testing facilities at Troy and Westland, Michigan. Defiance has business offices in USA, Europe, Middle East, South Africa and India.Dr. V Sumantran is the Chairman and Mr. Subu D Subramaniam, the CEO and MD for Defiance Technologies Limited.
More details are available here
Hinduja Bank (Switzerland) Ltd
Hinduja Bank (Switzerland) LtdHinduja Bank (Switzerland) Ltd
Hinduja Bank Ltd was founded as a finance company in 1978 and became a Swiss regulated bank in 1994. Hinduja Bank has its headquarters in Geneva and has a developed network in Switzerland including offices in Lucerne, Zurich, Lugano, St Margrethen, and Basle...
was founded as a finance company in 1978 and became a Swiss regulated bank in 1994.
Hinduja Bank has its headquarters in Geneva and has a developed network in Switzerland including offices in Lucerne, Zurich, St Margrethen and Basle. Additionally it has a global presence in London, Dubai, Paris, New York, Mauritius and Chennai. Over the years, its businesses have expanded to include Wealth Management, Trade Finance Services, Global Investment Solutions and Corporate Finance Services.
More details are available here
Bofors scandal
Srichand, Gopichand and Prakash Hinduja have been connected with the investigation into the long-running Bofors scandalBofors scandal
The Bofors scandal was a major corruption scandal in India in the 1980s; the then Prime Minister Rajiv Gandhi and several others were accused of receiving kickbacks from Bofors AB for winning a bid to supply India's 155 mm field howitzer...
, in which Swedish firm Bofors
Bofors
The name Bofors has been associated with the iron industry for more than 350 years.Located in Karlskoga, Sweden, the company originates from the hammer mill "Boofors" founded 1646. The modern corporate structure was created in 1873 with the foundation of Aktiebolaget Bofors-Gullspång...
was alleged to have paid illegal bribes to Government officials and politicians in connection with the $1.3bn sale of 400 howitzers to the Indian Government in 1986. The three brothers were charged by the Indian Central Bureau of Investigation
Central Bureau of Investigation
The Central Bureau of Investigation is a government agency of India that serves as a criminal investigation body, national security agency and intelligence agency. It was established on 1 April 1963 and evolved from the Special Police Establishment founded in 1941...
in October 2000, but in 2005 the High Court in Delhi threw out all charges against them, citing a lack of evidence and saying that documents central to the prosecution case were "useless and dubious" since their provenance could not be verified. Judge RS Sodhi said: "I must express my disapproval that 14 years of trial and 2.5bn rupees ($57m) of public money was spent on the case. It has caused huge economical, emotional, professional and personal loss to the Hindujas."
2001 Hinduja affair
In January 2001, it was revealed that UK government Minister Peter MandelsonPeter Mandelson
Peter Benjamin Mandelson, Baron Mandelson, PC is a British Labour Party politician, who was the Member of Parliament for Hartlepool from 1992 to 2004, served in a number of Cabinet positions under both Tony Blair and Gordon Brown, and was a European Commissioner...
had telephoned Home Office
Home Office
The Home Office is the United Kingdom government department responsible for immigration control, security, and order. As such it is responsible for the police, UK Border Agency, and the Security Service . It is also in charge of government policy on security-related issues such as drugs,...
minister Mike O'Brien on behalf of Srichand Hinduja, who was at the time seeking British citizenship, and whose family firm was to become the main sponsor of the "Faith Zone" in the Millennium Dome
Millennium Dome
The Millennium Dome, colloquially referred to simply as The Dome or even The O2 Arena, is the original name of a large dome-shaped building, originally used to house the Millennium Experience, a major exhibition celebrating the beginning of the third millennium...
. Consequently, on 24 January 2001 Mandelson resigned from the Government for a second time, insisting he had done nothing wrong. An independent enquiry by Sir Anthony Hammond came to the conclusion that neither Mandelson nor anyone else had acted improperly.
In January 2001, immigration minister Barbara Roche
Barbara Roche
Barbara Maureen Roche is a British Labour Party politician, who was the Member of Parliament for Hornsey and Wood Green from 1992 until 2005, when she lost the seat, despite having previously enjoyed a majority of over 10,500.During her time in Government, she held several ministerial offices;...
revealed in a written Commons reply that Keith Vaz
Keith Vaz
Nigel Keith Anthony Standish Vaz, known as Keith Vaz, was born 26 November 1956 in Aden, Yemen.Keith Vaz is a British Labour Party politician and a Member of Parliament for Leicester East, He is the longest serving Asian MP and has been the Chairman of the Home Affairs Select Committee since July...
, Member of Parliament
Member of Parliament
A Member of Parliament is a representative of the voters to a :parliament. In many countries with bicameral parliaments, the term applies specifically to members of the lower house, as upper houses often have a different title, such as senate, and thus also have different titles for its members,...
for Leicester East
Leicester East (UK Parliament constituency)
- Elections in the 2000s :In 2005 this seat bucked the national trend as there was a swing to Labour whereas the national swing was 2.5% to the Conservatives.- Elections in the 1990s :- Elections in the 1970s :...
and at the time a Foreign Office minister, and other MPs, had also contacted the Home Office
Home Office
The Home Office is the United Kingdom government department responsible for immigration control, security, and order. As such it is responsible for the police, UK Border Agency, and the Security Service . It is also in charge of government policy on security-related issues such as drugs,...
about the Hinduja brothers, saying that Vaz had made inquiries about when a decision on their application for citizenship could be expected.
On 25 January Vaz became the focus of Opposition questions about the Hinduja affair and many parliamentary questions were tabled, demanding that he fully disclose his role. Vaz said via a Foreign Office spokesman that he would be "fully prepared" to answer questions put to him by Sir Anthony Hammond QC who had been asked by the Prime Minister to carry out an inquiry into the affair. Vaz said that he had known the Hinduja brothers for some time; he had been present when the charitable Hinduja Foundation was set up in 1993, and had also delivered a speech in 1998 when the brothers invited Tony and Cherie Blair
Cherie Blair
Cherie Blair , known professionally as Cherie Booth QC, is a British barrister working in the legal system of England and Wales. She is married to the former Prime Minister of the United Kingdom, Tony Blair; the couple have three sons and one daughter...
to a Diwali
Diwali
Diwali or DeepavaliThe name of the festival in various regional languages include:, , , , , , , , , , , , , popularly known as the "festival of lights," is a festival celebrated between mid-October and mid-December for different reasons...
celebration.
On 26 January 2001, Prime Minister
Prime Minister of the United Kingdom
The Prime Minister of the United Kingdom of Great Britain and Northern Ireland is the Head of Her Majesty's Government in the United Kingdom. The Prime Minister and Cabinet are collectively accountable for their policies and actions to the Sovereign, to Parliament, to their political party and...
Tony Blair
Tony Blair
Anthony Charles Lynton Blair is a former British Labour Party politician who served as the Prime Minister of the United Kingdom from 2 May 1997 to 27 June 2007. He was the Member of Parliament for Sedgefield from 1983 to 2007 and Leader of the Labour Party from 1994 to 2007...
was accused of prejudicing the independent inquiry into the Hinduja passport affair, after he declared that Keith Vaz not done "anything wrong". On the same day, Vaz told reporters that they would "regret" their behaviour once the facts of the case were revealed. "Some of you are going to look very foolish when this report comes out. Some of the stuff you said about Peter, and about others and me, you'll regret very much when the facts come out," he said. When asked why the passport application of one of the Hinduja brothers had been processed more quickly than normal, being processed and sanctioned in six months when the process can take up to two years, he replied, "It is not unusual."
On 29 January, the government confirmed that the Hinduja Foundation had held a reception for Vaz in September 1999 to celebrate his appointment as the first Asian Minister in recent times. The party was not listed by Vaz in the House of Commons Register of Members' Interests and John Redwood
John Redwood
John Alan Redwood is a British Conservative Party politician and Member of Parliament for Wokingham. He was formerly Secretary of State for Wales in Prime Minister John Major's Cabinet and was an unsuccessful challenger for the leadership of the Conservative Party in 1995...
, then head of the Conservative Parliamentary Campaigns Unit, questioned Vaz's judgement in accepting the hospitality.
In March Vaz was ordered to fully co-operate with a new inquiry launched into his financial affairs by Elizabeth Filkin
Elizabeth Filkin
Elizabeth Filkin is a British civil servant. She was the United Kingdom's Parliamentary Commissioner for Standards between February 1999 and 2002...
. Foreign Secretary Robin Cook
Robin Cook
Robert Finlayson Cook was a British Labour Party politician, who was the Member of Parliament for Livingston from 1983 until his death, and notably served in the Cabinet as Foreign Secretary from 1997 to 2001....
, Vaz's superior, also urged him to fully answer allegations about his links with the Hinduja brothers. Mr Vaz met Mrs Filkin on 20 March to discuss a complaint that the Hinduja Foundation had given the sum of £1,200 to Mapesbury Communications, a company run by his wife, in return for helping to organise a Hinduja-sponsored reception at the House of Commons. Vaz had previously denied receiving money from the Hindujas, but insisted that he made no personal gain from the transaction in question.
In June 2001 Vaz admitted that he had made representations during the Hinduja brothers' applications for British citizenship while a backbench MP. Tony Blair also admitted that Vaz had "made representations" on behalf of other Asians. On 11 June 2001 Vaz was dismissed from his post as Europe Minister, to be replaced by Peter Hain
Peter Hain
Peter Gerald Hain is a British Labour Party politician, who has been the Member of Parliament for the Welsh constituency of Neath since 1991, and has served in the Cabinets of both Tony Blair and Gordon Brown, firstly as Leader of the House of Commons under Blair and both Secretary of State for...
. The Prime Minister's office said that Vaz had written to Tony Blair stating he wished to stand down for health reasons.
In December 2001 Elizabeth Filkin cleared Vaz of failing to register payments to his wife's law firm by the Hinduja brothers, but said that he had colluded with his wife to conceal the payments. Filkin's report said that the payments had been given to his wife for legal advice on immigration issues and concluded that Vaz had gained no direct personal benefit, and that Commons rules did not require him to disclose payments made to his wife. She did, however, criticise him for his secrecy, saying, "It is clear to me there has been deliberate collusion over many months between Mr Vaz and his wife to conceal this fact and to prevent me from obtaining accurate information about his possible financial relationship with the Hinduja family".
Ashok Leyland
In February 2005 Ashok LeylandAshok Leyland
Ashok Leyland is a commercial vehicle manufacturing company based in Chennai, India. Founded in 1948, the company is one of India's leading manufacturers of commercial vehicles, such as trucks and buses, as well as emergency and military vehicles. Operating six plants, Ashok Leyland also makes...
, an India-based flagship company of the brothers' Hinduja Group, announced an agreement to supply 100 army vehicles to the Sudanese Defence Ministry. It was alleged by arms campaigner Mark Thomas
Mark Thomas
Mark Clifford Thomas is a left-wing English comedian, presenter, political activist and reporter from south London. He first became known as a guest comic on the BBC Radio 1 comedy show The Mary Whitehouse Experience in the late 1980s. He is best known for political stunts on his show, The Mark...
that this contravened UK arms export legislation, as a number of the company's directors were UK residents or citizens.