Grasim to demerge cement biz into Samruddhi

Aditya Birla Group firm Grasim Industries on Saturday said it will demerge its cement business into another group company, Samruddhi, as part of a restructuring plan.

Calcutta HC sets aside CLB order on Birla Corp AGM

The Calcutta HC on Friday set aside an order of the Company Law Board directing Harsh Vardhan Lodha not to chair the annual general meeting of MP Birla group flagship Birla Corporation and ordered it to hear the matter again.