| Not much value in merging with UltraTech: Grasim | 03-JUL-09 |
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| Grasim Industries, the leading cement maker of the A V Birla group, is not enthusiastic at a proposal to merge with its subsidiary, UltraTech, as it does not see value in the process at this stage. |
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| A V Birla Group aims to double revenue | 27-JUN-09 |
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| The A V Birla Group is aiming to double its revenue to $60 billion in the next five years by expanding its presence abroad. The group, which acquired Canadian aluminium major Novelis for $6 billion in February 2007, may once again get aggressive in acquisitions, as it sets the next two years to establish itself as a truly globalised conglomerate. |
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| Aditya Birla Nuvo plans Rs 1,500 cr equity issue | 04-MAY-09 |
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| Aditya Birla Nuvo, the fertiliser to financial services conglomerate of the A V Birla group, is considering plans to raise fresh equity of about Rs 1,500 crore, mainly to finance the group’s life insurance business. |
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| Birla Retail eyes 18-fold sales growth | 11-FEB-09 |
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| Aditya Birla Retail, a venture of the A V Birla Group, aims to boost its sales 18-fold in the next five years by opening new stores and adding more private labels. |
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| Idea-Spice deal comes under DoT scanner | 21-JUL-08 |
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The department of telecommunications (DoT) has raised questions about the merger between Idea Cellular and Spice Telecom violating key clauses on intra-circle merger and mobile licence conditions. |
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| M&As, VC flows dry up in first half of 2008 | 15-JUL-08 |
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India Inc has attracted $7.54 billion private equity funding in the first half of 2008, an 11% jump compared to what it got in the corresponding period of the previous year. |
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| SC appoints arbitrators in Tata-Birla Idea row | 10-JUL-08 |
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The Supreme Court today allowed the request of Tata Industries (TIL) to appoint arbitrators in its dispute with A V Birla group firm Grasim Industries over Idea Cellular stake sale. |
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| Birla SPV to fund Novelis buyout | 13-FEB-07 |
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| AV Metals the A V Birla groups Canada-based special purpose vehicle will infuse $3.5 billion to finance Hindalco Industries proposed acquisition of the Atlanta-based aluminium downstream major |
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| Madura bets big on accessories biz for growth | 19-NOV-05 |
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| Madura Garments, a part of A V Birla groups Indian Rayon and Industries, fuelled by its aggressive retail expansion of retail space is witnessing CAGR of 30 per cent increase in its topline and 60 |
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| Grasim Industries Q1 net up 14.6% | 28-JUL-05 |
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| Grasim Industries Ltd, the flagship company of the Aditya Birla Group, has posted a 14.6 per cent rise in its net profit at Rs 250.95 crore in the first quarter ended June 30, 2005, compared with Rs |
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| Tatas to partly dilute Idea stake | 20-AUG-04 |
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| The Tatas wont entirely exit Idea Cellular, the three-way mobile telephone services venture in which the group has more than a 30 per cent equity stake along with the A V Birla group and Cingular |
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| Separate HR heads for AV Birla group lines | 22-JUL-04 |
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| The Rs 27,000 crore A V Birla group is appointing separate human resource (HR) heads for its cement, non-ferrous metals, carbon black, viscose staple fibre and chemicals & fertiliser businesses.
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