Ashok Leyland is an Indian automobile company headquartered in Chennai, India. It is owned by the Hinduja Group.Founded in 1948, it is the second largest commercial vehicle manufacturer in India, fourth largest manufacturer of buses in the world and 10th largest manufacturer of trucks globally. Read More
Care Ratings has downgraded Ashok Leyland's bank facilities totalling Rs 4,200 crore and debentures from AA-plus to AA with a negative outlook due to falling demand of commercial vehicles in the backdrop of coronavirus pandemic led economic slowdown. ...
Hinduja Group flagship Ashok Leyland Ltd has acquired 1.57 crore shares of Rs 10 each constituting 3.36 per cent of the equity of its subsidiary Hinduja Leyland Finance Ltd (HLFL). ...
Ashok Leyland said on Wednesday it has acquired 1.7 crore shares of Rs 10 each constituting 3.62 per cent of the paid-up equity share capital of Hinduja Leyland Finance Ltd (HLFL). ...