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Hindalco Q4 net profit drops 48.51% to Rs 248.15 crore

Last Updated: Thursday, May 29, 2014, 21:01

Leading metals producer Hindalco Industries today reported a 48.51 percent decline in standalone net profit to Rs 248.15 crore in the fourth quarter ended March 31, mainly due to exceptional items.

Indian Budget 2014-15, Union Budget 2014-15, Budget 2014, Arun Jaitley, Kumar Mangalam Birla,Aditya Birla Group,Finance Minister,Arun Jaitley,Budget 2014

Last Updated: Wednesday, May 28, 2014, 21:31

Sounding a note of optimism, Aditya Birla Group head Kumar Mangalam Birla Wednesday exuded confidence that the Budget would give boost to infrastructure sector and a turnaround would be visible in the next 3-6 months.

Aditya Birla Nuvo to invest Rs 350 cr in fin services in FY15

Last Updated: Sunday, May 25, 2014, 11:16

Diversified conglomerate Aditya Birla Nuvo Ltd (ABNL) will invest Rs 350 crore in its financial services business in the current fiscal.

Aditya Birla Nuvo Q4 net down 11.43% at Rs 176.13 crore

Last Updated: Tuesday, May 20, 2014, 17:53

Diversified firm Aditya Birla Nuvo Ltd today reported 11.43 percent decline in consolidated net profit at Rs 176.13 crore for the quarter ended March 31, 2014.

Birla Sun Life to take over ING funds

Last Updated: Friday, May 16, 2014, 00:07

Birla Sun Life Asset Management Company is to acquire mutual fund assets from Dutch bank ING Groep NV, Birla said on Thursday.

Decision to summon Manglam Birla after corroborating Parakh's statements: CBI

Last Updated: Sunday, May 04, 2014, 16:09

A decision by CBI on summoning Aditya Birla Group Chairman Kumar Manglam Birla will be taken only after the agency corroborates statements made by former Coal Secretary P C Parakh.

Coalgate: Dasari Narayana Rao quizzed by CBI; Kumar Mangalam Birla could be questioned later

Last Updated: Monday, April 21, 2014, 19:06

66-year-old Rao, a Congress MP from Andhra Pradesh, was Minister of State for Coal between 2004 to 2006 and in his second term from 2006 to 2008.

IT dept moves SC for inspecting Hindalco documents seized by CBI

Last Updated: Friday, February 14, 2014, 00:04

Income Tax department Thursday sought Supreme Court's direction to CBI to allow its officers to inspect documents seized by the investigation agency from the premises of Hindalco in order to initiate proceedings against Aditya Birla Group under the Income Tax Act.

Hindalco Dec quarter standalone Net down 23% at Rs 334 cr

Last Updated: Thursday, February 13, 2014, 21:09

The flagship company of the Aditya Birla Group had reported a net profit of Rs 433.52 crore in the corresponding quarter of 2012-13, it said in a filing to the BSE.

If Tatas and Birlas don't follow rules, who will: HC judge

Last Updated: Monday, February 03, 2014, 22:03

If Tatas and Birlas do not follow rules who will, the Delhi High Court Monday said while pulling up Tata Sponge Ltd for filing a petition which was contrary to its rules.

Ultratech Cement's Q3 net profit dips 38% to Rs 370 crore

Last Updated: Monday, January 20, 2014, 13:46

The Aditya Birla Group's flagship firm had clocked Rs 601 crore net profit in the corresponding quarter of last fiscal, the company said in a release.

Birla Corp to take legal recourse against mine deallocation

Last Updated: Thursday, January 09, 2014, 15:25

Birla Corporation, the flagship company of the M P Birla Group, is taking legal recourse against the Coal Ministry's decision to deallocate its coal block in Madhya Pradesh.