Aditya Birla Group
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
