Aditya Birla Group
UltraTech buys India Cement’s grinding unit, ups production capacity by 3 million tonnes
22 Apr 2024
Aditya Birla group company UltraTech Cement is acquiring a 1.1 million tonne grinding unit from India Cements for Rs315 crore. The acquisition of the grinding unit will add 3 million tonnes cement manufacturing capacity to UltraTech in Maharashtra - including 1.2 million tonnes at Parli and 1.8 million tonnes at Dhule.
Aditya Birla Fashion to list Madura Fashion as separate entity
02 Apr 2024
Aditya Birla Fashion and Retail Ltd (ABFRL), the fashion retail business of the Aditya Birla Group, plans to demerge Madura Fashion & Lifestyle to form a separate listed entity.
Aditya Birla Capital to merge subsidiary Aditya Birla Finance
12 Mar 2024
The boards of directors of Aditya Birla Capital Ltd and its wholly-owned subsidiary, Aditya Birla Finance, have approved a scheme of amalgamation of the two companies to create a larger non-banking finance company (NBFC).
Grasim to issue rights shares at Rs1,812 each to raise Rs4,000 cr
05 Jan 2024
Grasim Industries Limited, the flagship company of the Aditya Birla Group, has come out with a rights issue to raise about Rs4,000 crore.
Hindalco Q3 net profit slumps 63% to Rs1,362 cr
09 Feb 2023
Hindalco’s Q4 net profit jumps 100% to Rs3,850 crore
31 May 2022
Consolidated net profit of Hindalco vaulted nearly 300 per cent to Rs13,730 crore from Rs3,483 crore reported in the financial year 2020-21
Kumar Mangalam Birla steps aside from Vodafone Idea board
09 Aug 2021
Vodafone Idea has to pay dues of over Rs58,000 crore to the telecom department that are linked to adjusted gross revenues dating back to 2007, while the company has gross debt of Rs1,80,000-crore
DoT asks telecom companies to clear dues in 3 months
14 Nov 2019
While the DoT has given telecom operators the option to clear all the dues on self-assessment basis, reports citing officials of Aditya Birla group and partner Vodafone group that while they would like to stay invested, any further investment would depend on the government providing substantial relief in both revenue share and spectrum dues
Amazon to buy 49% in Aditya Birla’s More retail chain in deal with Samara
20 Sep 2018
The recent deals in Indian retail space, including the Walmart-Flipkart deal, are widely seen as the government’s green light for foreign retail giants to establish themselves in India’s $400-billion food and grocery market
Hindalco arm Novelis to acquire Aleris for $2.58 bn
27 Jul 2018
With the acquisition of Aleris, Novelis enters the high-end aerospace segment, with technological capabilities in manufacturing and considerable R&D infrastructure
UltraTech hopes to acquire Binani Cement with backing from lenders
09 Apr 2018
Ultratech’s chances of winning Binani Cement, however, depend on the Supreme Court’s decision on the legality of awarding the bankrupt business to another bidder after the Dalmia Bharat-Bain Piramal consortium was declared winner
UltraTech gets CCI nod for Binani Cement bid
29 Mar 2018
Vodafone COO Balesh Sharma to head merged Idea-Vodafone
23 Mar 2018
While Kumar Mangalam Birla will be the executive chairman after the merger of Vodafone and Idea, Vodafone India chief operating officer Balesh Sharma will be the CEO of the new entity
UltraTech to challenge Binani sale to Dalmia-led consortium
19 Mar 2018
UltraTech Cement said the bankruptcy resolution process at Binani Cement was ‘shrouded in secrecy’ with bidders not allowed to participate in meetings, and ‘the Aditya Birla Group will not take this lying down'
Hindalco 3Q net rises17.65%
03 Feb 2018
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