| UltraTech board okays merger | 16-NOV-09 |
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| Samruddhi Cement, a wholly-owned subsidiary of Grasim Industries, is all set to merge with UltraTech Cement, Grasim’s other subsidiary, on July 1, 2010. The merger, to be completed by September, will result in the world’s 10th largest cement maker. |
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| Marketing, finance, firms visit IIM-A on Day 0.5 | 04-NOV-09 |
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| Borrowing the pace of Day Zero, the second day (Day 0.5) of the summer placement process at the Indian Institute of Management, Ahmedabad (IIM-A) saw companies from the fields of marketing, general management, consulting and finance offer internships to students. |
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| 'Restructuring will help us re-rate Grasim, Ultratech' | 07-OCT-09 |
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| The merger of the cement businesses of the Aditya Birla Group will create the world’s 10th largest cement maker and also India’s largest. Chairman Kumar Mangalam Birla says Grasim will be the promoter firm for the combined entity, with 55-65 per cent stake, and later look for creeping acquisition to increase the promoter holding. Birla also spoke about plans for the group’s other companies, Aditya Birla Nuvo, Aditya Birla Financial Services and Hindalco. |
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| DGCA sets up panel to review aviation rules | 07-OCT-09 |
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| The Directorate General of Civil Aviation (DGCA) has set up an advisory panel to review and upgrade of rules and regulations to the level of best global practices. |
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| Van Heusen's new look | 03-SEP-09 |
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| Why so serious’ could well be the question that Van Heusen, one of Aditya Birla Nuvo's premium apparel brands, is asking its potential consumers. |
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| Police rescue abducted Hindalco staff from Naxals | 21-AUG-09 |
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| The Jharkhand police rescued four officials of Hindalco Industries, the flagship firm of the Aditya Birla Group, after they’d been abducted by Naxalites on Monday. Six employees of a contractor’s firm engaged in transportation of bauxite were also rescued in the police swoop. |
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| Grasim Q1 net up 61% to Rs 1,080 cr | 29-JUL-09 |
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| Grasim Industries, part of the Aditya Birla group, has posted a rise of 61 per cent in its consolidated net profit for the quarter ended June 30 at Rs 1,080 crore, compared with Rs 672 crore in the previous corresponding quarter. The company’s net sales during the period grew to Rs 5,123 crore, 15 per cent higher than Rs 4,448 crore last year. |
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| Grasim Industries fined for illegal mining activity | 23-JUL-09 |
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| The Orissa government has taken action against Grasim Industries, a Aditya Birla group company, for illegal mining activities.It has fined the company Rs 2 lakh for resorting to prospecting through drilling at Khatkurbahal and Jauramunda under Rourkela mining circle before the execution of the prospecting license. |
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