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Hindujas to sell minority stake in truck finance arm

The Hinduja Group, owned by the London-based non-resident Hinduja family, will sell a minority stake in truck financier Ashok Leyland Finance or ALFL to private equity investors to raise roughly R100 crore by June and an additional R100 crore by January 2013 as reported by Financial Express.

About Vishal Saxena

Vishal Saxena is a Chartered Accountant by profession and has completed his masters in business administration and is a law graduate too. He founded www.venturefinance.in with an objective of encouraging entrepreneurship in our country. Being a writer at heart he meets various entrepreneurs and pens down their journey to success in the form of a story. He takes interviews of various investors to know their expectations from the entrepreneurs.

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