News WrapGet Handpicked Stories from our editors directly to your mailbox

Aditya Birla Group

Vodafone-Idea loss triggers Rs 21.5K cr m-cap loss in Birla firms

On August 19, the company posted lacklustre subscriber numbers having lost 41 lakh customers. Soon after, it was announced that the company CEO Balesh Sharma will be replaced by Ravinder Takkar.

Aug 21, 2019, 12:18 PM IST

IFCI gets Rs 492 cr for Binani Cement resolution under IBC

On November 14, Aditya Birla Group firm UltraTech Cement won bid to acquire debt-ridden Binani Cement.

Nov 27, 2018, 11:26 AM IST

SC rejects plea of Dalmia Bharat Group firm's plea against rejection of its bid for Binani Cement

The bench said there was no infirmity in the NCLAT's order.

Nov 19, 2018, 18:03 PM IST

NCLAT approves UltraTech's bid for Binani Cement

The apex court had directed NCLAT to hear the case on a day-to-day basis.

Nov 14, 2018, 16:41 PM IST

Hindalco arm Novelis to acquire Aleris for $2.58 billion

Aleris is a global supplier of aerospace and automotive aluminium rolled products.

Jul 26, 2018, 17:12 PM IST

Ultra Tech to acquire Century Textiles' cement business

Besides, the company is also into race to acquire debt-ridden Binani Cement and has put its revised offer competing with Dalmia Bharat Group.

May 21, 2018, 18:06 PM IST

Simon Carter enters India via tie-up with Aditya Birla Fashion

Aditya Birla Fashion and Retail Ltd (ABFRL) had in May last year signed a licensing agreement to bring the London- based designer brand to India.

Sep 15, 2017, 17:13 PM IST

Birlas enter top league with $50-billion m-cap; Tatas still on top

The combined market valuation of the Kumar Mangalam Birla-led listed companies stood at Rs 3,42,354.87 crore (USD 53.5 billion) at the end of Friday's trade.

Sep 03, 2017, 13:43 PM IST

Kumar Birla says keen to enter ARC business, awaiting RBI nod

Noting that so much stressed assets have piled up in the economy and are coming into the market, he said company wants to grab that opportunity.

Sep 01, 2017, 23:07 PM IST

Aditya Birla Capital shares list on bourses; slip 5%

The listing of ABCL is the culmination of the composite scheme of arrangement under which Aditya Birla Nuvo merged with Grasim Industries and the financial services undertaking was subsequently demerged into ABCL.

Sep 01, 2017, 14:43 PM IST

Idea-Vodafone deal gets conditional go-ahead from Sebi, bourses

BSE and NSE said they reserve rights to raise objections at any stage if the information submitted to them is found to be incomplete, incorrect, misleading, false or for any contravention of rules and regulations.

Aug 07, 2017, 20:45 PM IST

Idea working with handset-makers for cheaper mobile phones

Faced with the latest challenge of ultra-cheap 4G feature phone from Reliance Jio, Idea Cellular today said it is working with handset makers to bring down the cost of handsets.

Jul 28, 2017, 22:38 PM IST

Birla Cellulose completes audit by Canopy, Rainforest Alliance

The Aditya Birla Group's umbrella brand Birla Cellulose is one of the first viscose staple fibre producers to complete the audit conducted by Canopy and the Rainforest Alliance, an international non-profit organization that is working to conserve biodiversity.

Jun 23, 2017, 17:33 PM IST

Sebi seeks clarification from bourses on Idea-Vodafone merger

Markets regulator Sebi has sought status update from stock exchanges about the 'no-objection' sought by Aditya Birla Group firm Idea Cellular regarding its proposed merger with Vodafone Plc's Indian unit.

Jun 05, 2017, 21:09 PM IST

Sebi seeks clarification over Idea-Vodafone merger

Market regulator Sebi has sought clarification from Aditya Birla Group firm Idea Cellular regarding its proposed merger with Vodafone Plc's Indian unit.

May 18, 2017, 15:51 PM IST

Vodafone to sell 9% additional stake to Aditya Birla Group post merger

Vodafone has agreed to sell 9.5 percent additional stake to Aditya Birla Group for Rs 130 per share after they merge their telecom operations to create the country's largest operator worth more than USD 23 billion.


Apr 21, 2017, 21:04 PM IST

Vodafone India, Idea announce Kumar Mangalam Birla as new Chairman

Vodafone India and Aditya Birla group firm Idea Cellular on Monday after their merger announced Kumar Mangalam Birla as the Chairman of the new entity.

Mar 20, 2017, 13:00 PM IST

Hindalco Q3 net profit at Rs 321 crore

Aditya Birla Group firm Hindalco Industries on Monday reported a standalone net profit at Rs 320.56 crore for the quarter ended December 31, 2016.

Feb 13, 2017, 15:03 PM IST

Idea Cellular enters digital services

In the latest, Idea Cellular entred in the digital services on Monday. The telecom major launched services with `Digital Idea` and launched three new mobile apps -- Idea Music Lounge, Idea Movie Club and Idea Game Spark.

Jan 30, 2017, 21:06 PM IST

Kumar Mangalam Birla new IIM-Ahmedabad Chairman

The premier B-school has been without a regular Chairman since January when A.M. Naik, the CMD of Larsen & Toubro, quit citing "paucity of time".

Oct 22, 2016, 21:24 PM IST