Hindustan Motors
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Hindustan Motors sells Ambassador to Peugeot for Rs 80 crore
Feb 11, 2017, 10:59 AM ISTCK Birla controlled Hindustan Motors Ltd, the maker of iconic Ambassador car which used to be a symbol of the high and mighty in power corridors, has sold the ‘Ambassador’ brand to French carmaker Peugeot.
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ICICI Bank acquires 5.15% stake in Hindustan Motors
Oct 07, 2014, 09:36 AM ISTNew Delhi: Private sector lender ICICI Bank has acquired a 5.15 per cent stake in Hindustan Motors as part of settlement with the cash strapped maker of the iconic Ambassador car.In a filing to the
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Hindustan Motors terminates 240 managerial staff
Jun 07, 2014, 09:22 PM ISTKolkata: India's oldest car maker Hindustan Motors, which declared suspension of work at its Uttarpara plant on May 24, has terminated the services of around 240 managerial staff.The company, however, retained some staff in disciplines
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C K Birla steps down as chairman of Hindustan Motors
Dec 29, 2013, 07:58 AM ISTKolkata: Two days after the company's AGM for the extended 18-month financial year, C K Birla Saturday stepped down as chairman of the ailing automobile company Hindustan Motors (HM) Ltd.While Birla did not reply to