Hinduja group eyes expanding business
Sources said that the action of the Income Tax Department is also related to the provisions of General Anti-Tax Avoidance Rules (GAAR). Hinduja Group owns IndusInd Bank, Hinduja Leyland Finance and Hinduja Bank (Switzerland). The Group is moving towards diversification and is looking to foray into new technology, digital and fintech sectors and bridge the gap through acquisitions to have a complete offering in the BFSI sector as part of its new phase of growth.
