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SBI sends recovery notice to Yash Birla's firm

State Bank of India on Thursday sent notice to two directors of Birla Cotsyn, including Yash Birla, to repay Rs 17.80 crore debt and warned of legal actions if they failed to do so.

Birla Corporation eyes 15 MT cement capacity in 4 years

M P Birla Group firm Birla Corporation is looking to ramp up its cement production capacity to 15 million tonnes (MT) in the next four years.

Coal block auction begins: Ambanis, Adanis in the race

Auction of coal blocks began on Saturday for the first time with corporate honchos Ambanis, Adanis and Birlas queuing up for the two mines being offered on day one.

Birla Corp to take legal recourse against mine deallocation

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.

Birla Corp Q4 net rises 26% to Rs 72.62 cr

Birla Corporation Ltd Monday reported over 26 percent increase in net profit at Rs 72.62 crore for the fourth quarter ended March 31, 2013.

UltraTech plans to enhance capacity to 62 MTPA by FY'14: Birla

Cement major UltraTech Cement plans to increase its annual manufacturing capacity to 62 million tonnes by FY14 and has already undertaken a capital expenditure of Rs 12,000 crore for the expansion.

Birla Corp Q1 net falls 24%

Net sales of the company increased by 18 percent at Rs 658 crore during the quarter as compared to Rs 556.97 crore in the same quarter last year, the company said in a statement here.

We are 'last man standing', will be 'first man forward': Birla

Confident of his cement-to- telecom conglomerate emerging as the 'last man standing' in current state of economic downturn, industrialist Kumar Mangalam Birla has said the Aditya Birla group would also prove to be the 'first man forward'.

Aditya Birla Nuvo shares down over 6% on weak Q4 nos

Extending initial losses, the company's shares ended at Rs 756, down 6.35 percent on the BSE. During the day, the stock lost 6.47 percent to Rs 755.05.

Aditya Birla Q4 net profit down 42% to Rs 170.27 cr

For the quarter ended March 31, 2011, the company's net profit was Rs 293.56 crore, it said in a filing to the BSE.