Aditya Birla Group

CCI clears Aditya Birla-led consortium's ₹16,660 cr buyout of IPL team RCB

Fair trade regulator CCI on Tuesday cleared the acquisition of IPL franchise Royal Challengers Bangalore by a consortium of Aditya Birla Group, The Times of India Group, Bolt Ventures and Blackstone in a Rs 16,660 crore all-cash deal. In March this year, United Spirits Ltd (USL) announced the sale of IPL franchise Royal Challengers Bangalore (RCB) in a Rs 16,660 crore all-cash deal to the consortium. The Competition Commission of India (CCI) said it has approved the proposed deal. "CCI approves acquisition of 100 per cent shareholding of Royal Challengers Sports by a consortium comprising Big Banyan Holdings, Bolt IPL Holdings, Times Internet, Times Cricket, ICQ Opportunities, Asia Investment Topco II and others," the regulator said in a post on X. Deals beyond a certain threshold require approval from the regulator, which keeps a tab on unfair business practices as well as promotes fair competition in the marketplace.

Vodafone Idea at inflection point, better days ahead: Kumar Mangalam Birla

Vodafone Idea chairman Kumar Mangalam Birla said the telecom operator is entering a stronger phase as shareholders approved a ₹4,730-crore promoter funding plan

Vodafone Idea hits ₹15, next target ₹20? Here's what analyst says

Nishchal Jain, Quant Researcher at Share.Market by PhonePe sees Vodafone Idea stock crossing the ₹20-mark as a viable option; but cautions against short-term volatility owing to overbought conditions.

Crisil upgrades Vodafone Idea credit rating to (A-/ stable) on bank debt

Upgrade factoring in continued support by Aditya Birla group, strategic market position and improved business operations

Aditya Birla Group stocks: Grasim hits new peak; Voda Idea up 46% in 1-mth

Grasim is the flagship company of Aditya Birla Group, which is led by Kumar Mangalam Birla; while, the group holds substantial stake in Vodafone Idea.

Aditya Birla Capital up 5% on healthy Q4; brokerages eye up to 24% upside

Aditya Birla Capital reported a 30.6 per cent year-on-year (Y-o-Y) growth in its consolidated net profit to ₹1,129.16 crore, as compared to ₹864.64 crore in the year-ago period

UltraTech now world's largest outside China, plans ₹16K crore capex

Aditya Birla Group firm crosses 200 mtpa capacity milestone, outlines Rs 16,000 crore investment plan to expand capacity to 240 mtpa by FY28

Aditya Birla Real Estate aims ₹1,700 cr revenue from 1st housing project

Aditya Birla Real Estate Ltd (ABREL) will redevelop a housing society in Mumbai and expects a revenue of Rs 1,700 crore from free-saleable area. In a regulatory filing on Friday, the company said its subsidiary Birla Estates Pvt Ltd has entered into the redevelopment market with its first project in Mumbai Metropolitan Region (MMR). Birla Estates will redevelop Anmol Co-operative Housing Society and Bhartiya Bhavan Co-operative Housing Society in Khar West, Mumbai's Western Suburbs. The project is being developed under a joint redevelopment arrangement with Parinee Real Estate Builders. "With a saleable area of 2.9 lakh sq ft, the project has an estimated revenue potential of Rs 1,700 crore," ABREL said. Birla Estates develops premium residential housing in key markets. It also has a commercial portfolio with two grade-A commercial buildings located in Worli, Mumbai, with 6 lakh sq ft of leasable area.

Aditya Birla Group, Times, Blackstone consortium to buy RCB for ₹16,600 cr

Deal includes men's and women's teams as United Spirits exits franchise ownership amid strategic portfolio review of non-core businesses

Hindalco Q3FY26 results: PAT falls 45% to ₹2,049 crore on Oswego hit

Exceptional losses linked to Oswego plant disruption drag profit, even as India business posts record PAT and supports revenue growth

Aditya Birla Group hospitality arm to bring JOE & THE JUICE to India

Aditya Birla New Age Hospitality partners Danish cafe chain JOE & THE JUICE to launch and operate the brand in India, with the first store slated for 2026

Advent to pick up 14.3% stake in Aditya Birla Housing Fin for ₹2,750 cr

The ₹2,750-crore primary capital infusion by Advent International values Aditya Birla Housing Finance at ₹19,250 crore and will support growth and market expansion

Aditya Birla Lifestyle Brands Q3 net profit rises 14.4% to ₹69 cr

Aditya Birla Lifestyle Brands Ltd has reported a 14.42 per cent year-on-year increase in its consolidated net profit to Rs 69.01 crore for the December quarter of FY26. The company had posted a net profit of Rs 60.31 crore during the October-December quarter a year ago, according to a regulatory filing from Aditya Birla Lifestyle Brands Ltd (ABLBL) on Monday. Its revenue from operations rose 9.57 per cent to Rs 2,343.17 crore in the December quarter of FY26, compared to Rs 2,138.40 crore in the year-ago period. ABLBL, which has been formed after the demerging of the business of Madura Fashion and Lifestyle, total expenses were at Rs 2,230.40 crore, up 7.36 per cent in the December quarter. Total income of ABLBL, which included other income as well, was up 9.33 per cent to Rs 2,362.22 crore. ABLBL has lifestyle brands business as - Louis Philippe, Van Heusen, Allen Solly, Peter England, Simon Carter and youth western wear Brands as American Eagle. Besides, it also has sportswear b

Voda Idea charts turnaround with ₹45,000 crore push as 'AGR fog' lifts

KM Birla says AGR overhang resolution a turning point for telco's revival

Inox Wind secures 102.3 MW order from Aditya Birla Renewables' arm

Inox Wind on Monday said it has secured a 102.3 MW supply order from ABREL EPC Ltd, a subsidiary of Aditya Birla Renewables (ABReL). Inox Wind secured the order for the supply of its 3.3 MW turbines for the projects being developed by ABREL EPC Ltd in Karnataka, the leading wind energy solutions provider said in a statement "ABReL has large-scale plans to set up and deliver long-term clean energy solutions to its customers, and we are pleased to be part of ABREL's mission to drive India's energy transition and achieve its decarbonisation and sustainability targets. We continue to make rapid progress on developing relationships with new customers and fortifying the existing ones," Sanjeev Agarwal, CEO, Inox Wind, said. Inox Wind Ltd is a leading wind energy solutions provider servicing IPPs, Utilities, PSUs & Corporate investors. It is part of the multi-billion-dollar INOXGFL Group, which is primarily focused on two business verticals: chemicals and renewable energy. IWL has five ..

Aditya Birla Sun Life AMC incorporates subsidiary AMC International (IFSC)

The main object of Aditya Birla Sun Life AMC International (IFSC) is inter-alia, to undertake the business as a Fund Management Entity

Birla Estates partners Sikka Group to co-develop ₹1,600 cr Noida project

Birla Estates has tied up with Sikka Group to co-develop a ₹1,600-crore Greater Noida housing project, leveraging new revival policies that allow creditworthy developers to take over stalled projects

KM Birla receives honorary Doctor of Science at University of London

Kumar Mangalam Birla was conferred an honorary Doctor of Science (Economics) degree at the University of London's Foundation Day ceremony, where The Princess Royal honoured 5 achievers

Birla Estate partners with Gujarat Titans as principal sponsor for IPL 2026

Aditya Birla Real Estate has partnered with Gujarat Titans as the principal sponsor for IPL 2026, aiming to strengthen brand presence and connect with fans across India through cricket

Hindalco Q2 profit up 21% to ₹4,741 crore, to invest $750 mn in Novelis

Hindalco Industries reported a 21.3% rise in consolidated net profit to Rs 4,741 crore in Q2FY26, driven by aluminium business gains and Novelis' strong performance despite challenges