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Aditya Birla Group

27 Jun 2023

India's Aditya Birla Capital To Raise Up To $213 Million Via Share Sale

Aditya Birla Capital declined Reuters' request for confirmation of the price. Shares of the company rose over 4% to their highest level since January 2018.

26 Mar 2022

Vodafone Idea shareholders approve Rs 14,500 crore fundraise proposal

VIL had also sought shareholders' approval to raise Rs 10,000 crore through sale of equity or through a mix of ADR, GDR and FCCBs. Promoter firm Vodafone plans to infuse up to Rs 3,375 crore into debt-ridden Vodafone Idea Ltd. Besides, Aditya Birla Group plans to pump in up to Rs 1,125 crore.

Aditya Birla Fashion and Retail

16 Jan 2022

Aditya Birla Fashion faces data breach, over 5.4 million email IDs compromised

ABFRL has assured that it will have no operational or business impact on its operations. The company has engaged forensic security experts to investigate the data breach incident. Over 5.4 million email addresses were released online from the portal of the Aditya Birla Group-owned company.

Kumar Mangalam Birla

03 Aug 2021

Kumar Mangalam Birla offers to hand over Vodafone Idea stake to government

According to official data, VIL had an adjusted gross revenue (AGR) liability of Rs 58,254 crore out of which the company has paid Rs 7,854.37 crore and Rs 50,399.63 crore is outstanding.

20 Jul 2019

Aditya Birla Idea Payments bank to shut down operations

The Aditya Birla Idea Payments Bank has shut down all operations across the country on Saturday

Aditya Birla Idea Payments Bank

23 Feb 2018

Aditya Birla Idea Payments Bank begins operations

Payments bank are being promoted by the Reserve Bank to further financial inclusion.

04 Sep 2017

Pantaloons' chief executive officer steps down

Aditya Birla Fashion and Retail today said its division Pantaloons' Chief Executive Officer Shital Mehta has resigned from the company.

20 Aug 2017

Parsvnath leases 74,000sq ft office area to WHO, Facebook India

While the World Health Organisation (WHO) has taken on lease about 50,700 sq ft of office space for its headquarter, Facebook India has taken 23,000 sq ft area, Jain said.

UltraTech Cement Ltd

31 Mar 2016

Jaypee Group sells cement plants to Ultratech for Rs 15,900 crore

Debt-ridden Jaiprakash Associates today announced the part sale of its cement business to the Kumarmangalam Birla-led Ultratech for Rs 15,900 crore, marking the biggest consolidation in the cement sector.

Aditya Birla Group

30 Aug 2015

Aditya Birla Group's revenue crosses Rs 2.5 lakh cr, up 9%

Global operations accounted for more than 50 percent of the group's revenues, which rose by 8 percent in the US dollar terms as well to USD 41 billion "regardless of ups and downs in foreign currency", Birla added.

18 Jun 2015

LIC hikes stake in Hindalco to over 13%

Aditya Birla-led Hindalco on Thursday said insurance giant LIC has raised its stake in the aluminium maker to over 13 percent.

16 Mar 2015

Aditya Birla fabric unit eyes Rs 1,000 cr revenue in 2 yrs

Leading linen fabric-maker Jaya Shree Textiles, a unit of Aditya Birla Nuvo, is aiming at Rs 1,000 crore revenue from its linen, yarn and fabric business in next two years.

Odisha government

25 Feb 2015

Odisha to scrap deals with Rio Tinto, Sesa Sterlite, Hindalco

The Odisha government has decided to scrap joint venture agreements with global major Rio Tinto, Vedanta Group firm Sesa Sterlite and Aditya Birla Group-owned Hindalco Industries, an official said Wednesday.

19 Feb 2015

Aditya Birla group firm Hindalco wins another coal mine

Hindalco has bagged two mines out of the 13 put on offer so far.

03 Feb 2015

Vodafone India applies for payment bank licence

Vodafone India on Tuesday said it has applied for a payment bank licence and is exploring options for partnerships for the proposed banking venture.

14 Aug 2014

Narendra Modi is focussed and selfless: Rajashree Birla

Rajashree Birla, wife of late Aditya Birla and mother of Kumarmangalam Birla who is heading the USD 40 billion Aditya Birla group, Thursday praised Prime Minister Narendra Modi, saying "he is focussed and selfless".

Ultratech Cement

19 Jul 2014

Ultratech Q1 Net dips 6% to Rs 628 cr on lower prices

Ultratech Cement today reported a little over six percent dip in its consolidated net profit for the first quarter of the current fiscal at Rs 628 crore on lower prices and higher variable costs.

18 Jul 2014

Hindalco plans to raise Rs 5,000 cr

Aditya Birla Group firm Hindalco Industries plans to raise up to Rs 5,000 crore by issuing equity shares to institutions or through other options.

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