Page 12 - Aditya Birla Group
Birlas may sell stake in telecom towers, exit fertiliser, insulator businesses
Sale will help the new merged entity to unlock value in its subsidiaries and generate cash to fund its new age businesses
 "Birlas may sell stake in telecom towers, exit fertiliser, insulator businesses")
Birla plans to exit low-margins business in India, abroad
Ruminates sale of its fertiliser business
 "Birla plans to exit low-margins business in India, abroad")
Not for sale
The Aditya Birla group was in the news this week after a section of the media reported that Idea Cellular and the group's loss-making grocery retail business, More, were up for sale. The group told Business Standard it suspected a wireless telecom rival of releasing the "motivated" news feed. A media company owned by the same rival was spreading the asset sale news, the group claimed. Watch this space for more on this new corporate war.
Merger a win-win, says Birla group
Management believes financial services business will get major boost; Idea will be a small part of Grasim and is self-sufficient to raise funds
 "Merger a win-win, says Birla group")
Aditya Birla Group shares in focus; Grasim, Aditya Birla Nuvo dip 5%
Aditya Birla Money soared 16% to Rs 34.75 in intra-day trade, after surging 20% on Tuesday.
 "Aditya Birla Group shares in focus; Grasim, Aditya Birla Nuvo dip 5%")
