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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.

Bank licence norms not discriminatory towards large cos: Birla

Last Updated: Wednesday, June 26, 2013, 18:44

Birla said, "We are very happy the way guidelines are put across."

Aditya Birla Nuvo to seek licence from RBI for setting up bank

Last Updated: Tuesday, June 25, 2013, 23:12

Shares of the company closed at Rs 1,033.25 per unit, down by 1.01 percent on the BSE.

Aditya Birla Chem acquires division of Solaris Chemtech

Last Updated: Friday, May 31, 2013, 21:44

Aditya Birla Chemicals (India) Friday said its board of directors has approved acquisition of the Chlor-Alkali & Phosphoric Acid Division (CA&P Division) of Solaris Chemtech Industries for a cash consideration of Rs 153 crore.

Aditya Birla Chemicals Q4 net profit jumps more than two-fold

Last Updated: Wednesday, May 08, 2013, 18:45

Aditya Birla Chemicals (India) Ltd Wednesday reported over two-fold jump in its net profit to Rs 7.84 crore for the fourth quarter ended March 31, 2013.

UltraTech Cement plans Rs 2,000-cr capex in Rajasthan

Last Updated: Sunday, May 05, 2013, 15:22

UltraTech plans to expand its capacity at Aditya Cement Works in Rajasthan by 2.90 million tonnes per annum (MTPA) including setting up of two grinding units.

Grasim net profit up one percent at Rs 818

Last Updated: Saturday, May 04, 2013, 18:57

The company had reported a net profit of Rs 809 crore in the corresponding quarter of last financial year.

Allen Solly looks for expansion in North-east market

Last Updated: Wednesday, April 10, 2013, 17:48

The company's flagship store in Guwahati opened on Wednesday has an area of 1,400 square feet and its upcoming outlets in the North Eastern market would be of around the same size.

Aditya Birla Nuvo to sell carbon black biz to group firm

Last Updated: Monday, April 08, 2013, 21:06

The move, aimed at reducing debt, follows a decision of the company's Committee of Directors who felt that it will be "extremely challenging" for Nuvo to become a global leader as multi-national tyre makers prefer tie-ups with firms which has global spread.

Aditya Birla, Tata Motors, LIC top reputation index: Nielsen

Last Updated: Monday, March 25, 2013, 15:49

"Aditya Birla Group (ABG) has emerged 'Best in Class' across all the six pillars of Corporate Image," Nielsen said in a statement.

Kumar Mangalam Birla now blasts India's policy inconsistency

Last Updated: Monday, March 04, 2013, 22:10

The head of the USD 40 billion Group, Birla said India has the worst inconsistent and uncertain business policies among 36 nations in which the Group has presence.

Over dozen corporates, PSUs queue up for banking licences

Last Updated: Sunday, February 24, 2013, 11:45

More than a dozen corporates, including big names such as Aditya Birla Group, M&M, L&T, as well as state-owned PFC, LIC and India Post, will apply to the Reserve Bank for licence to open banks.