Page 5 - Aditya Birla

Aditya Birla Sun Life open to consolidation due to Covid-19 disruptions: MD

Kamlesh Rao said that in times of socio-economic crisis like this Covid-19, 30-35% companies find it difficult to survive, while 15-20% firms outshine their peers in respective industries

Corona warriors for markets: Ambani, Adani stocks rise most since lockdown

The Bajaj group is the only one on the list of 12 conglomerates to be down - 1 per cent - since the lockdown came into effect, thanks to the hammering of stocks of non-banking financial companies.

Covid-19 impact: Firms try to save jobs and their future through pay cuts

Several slash pays by up to 40% for May

Coronavirus impact: India Inc focuses on preserving liquidity amid lockdown

Reputed conglomerates are opting for moratorium on debt servicing

BigBasket is focusing on turning profitable in two years: CEO Hari Menon

Menon and his four other co-founders are quite clear that the space where they operate in itself is so vast that they have hardly been able to scratch the surface

Premium perks: Wearables, apps are set to transform health insurance

IRDAI has so far received 173 proposals, most of which incentivise wellness in the health insurance space through the use of apps and wearable devices

Birla group firms tapping international market to raise $3.1 billion

While Novelis raised $1.6 billion at a lower rate than the previous loan, SKI Carbon Black has hired 16 banks to raise $1.5 billion by selling bonds

Aditya Birla Housing Finance, Axis Finance, 4 others to list papers on BSE

The other companies that made applications with the exchange are Standard Chartered Investments and Loans (India) Ltd, KEC International Ltd, Siyaram Silk Mills Ltd and Balrampur Chini Mills Ltd

Aditya Birla Finance becomes first NBFC to list commercial paper on bourses

ABFL is a diversified non-banking finance company with a long-term credit rating of AAA (Stable) from both Icra as well as India Ratings

Aditya Birla Sun Life MF side-pockets exposure to Essel Group company

The fund house said Adilink's failure to repay was on account of "extension of originally anticipated timelines for the monetisation of road assets"

Aditya Birla Idea Payments Bank headed for liquidation: RBI notification

Until now, a total of four players in payment banking space have shut shops

Retro tax to AGR, telecom cash grab imperils foreign investment into India

The fund-starved government expects operators to cough up more at 5G auctions next year. How long can the Birla boss hang in?

Aditya Birla Capital to raise Rs 2,100 crore from promoter, PE firms

US-based private equity firm Advent International will put in Rs 1,000 crore via its affiliate Jomei Investment Limited

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

Top 10 biz headlines: FDI reforms, Synergy Group eyes 49% Jet stake & more

From the govt easing FDI norms for single-brand retail, digital media, and manufacturing to Synergy Group planning to pick up 49% stake in Jet Airways, here are the top business headlines for Thursday

Billionaire tycoon Kumar Mangalam Birla hires Stanchart and Goldman bankers

Aditya Birla Group appoints Standard Chartered dealmaker Sandeep Agrawal as head of corporate finance.

Aditya Birla to complete 75 Mw solar plants in Odisha by June 2020

Firm to set up three units of 25 Mw each, has identified Boudh district for first plant; may develop another 100 Mw if it gets additional land

Piramal's real estate fund seeks extension of one more year from investors

Piramal Fund Management said the fund was launched in 2013 with a primary tenure of six years, extendable by up to two additional one-year periods, by the trustee

B K Birla, patriarch of cotton to chemicals conglomerate, dies at 98

Birla was the chairman of Century Textiles and Industries, and had been active in business since the age of 15

Aditya Birla Sun Life Insurance to bet on OMCs ahead of 2019 elections

Indian Oil Corp, Hindustan Petroleum Corp and Bharat Petroleum Corp are among the top oil marketing companies in India