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UltraTech Cement acquires Jaypee Cement unit for Rs 3,800 cr

Last Updated: Wednesday, September 11, 2013, 13:37

Aditya Birla Group firm UltraTech Cement Ltd Wednesday said it will acquire Gujarat Cement unit of Jaypee Cement Corp Ltd for Rs 3,800 crore.

Aditya Birla Nuvo to double luxury brand outlet

Last Updated: Monday, August 26, 2013, 11:20

While The Collective a predominantly is a men's wear outlet, women's wear was added in Delhi and Chandigarh outlets and the customer response is being studied.

Hindalco Q1 net up 12% at Rs 474 crore

Last Updated: Tuesday, August 13, 2013, 17:19

Hindalco Industries Tuesday reported an 11.61 percent growth in standalone net profit to Rs 474 crore for the first quarter ended June 30, largely due to an increase in other income.

Aditya Birla Nuvo Q1 net up 24% at Rs Rs 331.33 crore

Last Updated: Friday, August 09, 2013, 18:51

Aditya Birla Nuvo Ltd (ABNL) on Friday reported 24.16 percent increase in net profit at Rs 331.33 crore for the first quarter ended June 30, 2013, driven by strong performance from all its business verticals .

Grasim Industries Q1 Net down 15.04% at Rs 610.01 crore

Last Updated: Saturday, August 03, 2013, 16:10

Aditya Birla group firm Grasim Industries Ltd on Saturday reported 15.04 percent decline in consolidated net profit at Rs 610.01 crore for the first quarter ended June 30, 2013.

UltraTech June qtr net dips 14% to Rs 673 cr

Last Updated: Monday, July 29, 2013, 14:31

Net sales fell 2.2 percent to 49.58 billion rupees.

Kumar Mangalam Birla resigns from RBI board

Last Updated: Tuesday, July 23, 2013, 18:00

Weeks after his group firm applied for a bank licence from RBI, Kumar Mangalam Birla Tuesday said he has resigned from the Board of the central bank to avoid any conflict of interest.

Ultratech Cement aims 63.45 MT capacity by 2015

Last Updated: Friday, July 12, 2013, 17:03

Ultratech Cement, an Aditya Birla Group enterprise, has set an ambitious target of increasing the production capacity to 63.45 million tonnes per annum (mtpa) by 2015, from 53.9 mtpa now.

SC rejects two pleas against grant of 2G licenses

Last Updated: Thursday, July 11, 2013, 19:00

The Supreme Court today rejected two separate pleas seeking cancellation of 51 2G licenses issued during 2004-07 based on first-come-first-serve basis and a direction for a CBI probe into alleged violations of DoT guidelines by Vodafone, Tata Teleservices, Idea Cellular and Aditya Birla Telecom Ltd.

Will look into possible conflict of interest in Birla's bank licence plea: RBI

Last Updated: Thursday, July 04, 2013, 17:46

RBI Thursday said it will look at whether there is any conflict of interest arising out of a bank licence application filed by Aditya Birla Nuvo, whose group Chairman Kumar Mangalam Birla happens to be on the board of the central bank.

Tata, Ambani, Birla among 26 in race for bank licence

Last Updated: Monday, July 01, 2013, 20:57

Tata Sons, LIC Housing Finance, Aditya Birla Nuvo, Department of Posts, Reliance Capital and Bajaj Finserv are among the 26 private and public sector entities which have applied to RBI for grant of bank licences.

Confident of getting bank license: Birla

Last Updated: Friday, June 28, 2013, 20:07

Chairman of Aditya Birla group Kumar Mangalam Birla Friday said that he was confident of getting banking license from the Reserve Bank of India.