Page 11 - Aditya Birla Group

AGR impact: Banks nervous as losses mount for Vodafone Idea, Airtel

Bankers said that at present, both operators are current in their repayments. However, the concern is over the future debt repayment capacity

Aditya Birla Capital Q2 net profit rises 37% to Rs 256 cr; revenue up 8%

Its overall lending book grew 4 per cent year on year to Rs 60,477 crore as against Rs 57,945 crore

Kumar Mangalam Birla gets UAE govt-backed ABLF Global Asian Award

Says his group hopes to play a part in making India emerge as an economic super power over the next decade

Change in Binani brandname, quality upgrade spur UltraTech turnaround

The last part of the series on the Insolvency and Bankruptcy Code takes a look at how Ultratech's acquisition of Binani helped it become North India's biggest cement firm by capacity

US authorities sue Aditya Birla arm to stop Aleris buy over monopoly fears

Defiant Novelis says it will challenge the lawsuit; firm to go ahead with proposed acquisition of Aleris Corporation

A first in 10 years: Aditya Birla group slips into red as Voda Idea bleeds

Group firms make combined losses of Rs 6,134 cr in FY19, but excluding Voda Idea net profit was Rs 8,470 cr

CEOs bank on festive cheer; India Inc hopes for improvement in second half

Demand to pick up from festival season next month, say corporate leaders

Voda Idea losses spill over to other AB Birla group firms; m-cap down 6.2%

Vodafone Idea now has a m-cap of Rs 19,454 crore against Rs 39.942 crore at end of last month

Aditya Birla Payments Bank to shut shop only 17 months into operations

A payments bank can take deposits of up to Rs 1 lakh but cannot give loans or issue credit cards

Promoters may be told to simplify group structures, remove multiple layers

RBI likely to ask core investment firms to merge; Birla group takes the cue

Aditya Birla group to invest Rs 1,000 cr in lending, health insurance biz

Company has provided Rs 60 cr for IL&FS group exposure at Rs 220 cr; gets board nod to raise Rs 3,500 crore of equity

Aditya Birla group's ARC set to make a formal bid for RattanIndia Power

Seeks to partner Goldman Sachs, former promoter of the stressed firm, to bid

Birla casts cement leadership in concrete with Binani acquisition

The acquisition of the debt-laden Binani has catapulted it to the top spot in India, leaving it free to turn attention to overseas market

Himanshu Kapania to be non-executive director and vice-chairman of Grasim

will be an advisor to Birla on telecom business as Director, Telecom, Chairman office once the merger is complete, says the source

Kumar Mangalam Birla pegs valuation of Hindalco's Novelis at $12 billion

Hindalco acquired Novelis in 2007 for $6 billion

As Birla exits e-commerce, others remain defiant

Bricks-and-mortar retailers with unique online offerings better placed to fight

Birla's takeover bid of Aleris hangs on Chinese firm Zhongwan's offer

Attractiveness of Aleris is because the industry is operating near full capacity while demand continues to grow in auto, aerospace sectors

Aditya Birla group's market valuation crosses $50 bn post ABCL listing

Birlas enter top league with the Tatas maintaining lead with an m-cap of over $132 bn

Birla says keen to enter asset reconstruction business, awaiting RBI nod

Birla said the group is not talking to anyone for foreign partnership for ARC business

Aditya Birla group ready to sell fertiliser arm

Grasim, which merged Aditya Birla Nuvo's operations with itself, to exit all low-margin businesses