Birla

Abundance of stability make US attractive investment destination: KM Birla

Kumar Mangalam Birla said the group chaired by him has invested $15 billion in the US over the last 17 years

KK Birla group sugar companies register rise in fourth quarter net profit

Post-tax profits of K K Birla sugar companies - Avadh Sugar and Magadh Sugar - registered an increase during the fourth quarter of 2024-25. A joint statement by the two firms said that the net profit of Avadh Sugar during the fourth quarter of last financial year stood at Rs 72 crore as compared to Rs 55 crore in the similar previous period. The total income of the company in the fourth quarter of 2024-25 stood at Rs 678 crore as against Rs 621 crore in the previous similar period. For Magadh Sugar, net profit increased to Rs 72 crore in the fourth quarter of last fiscal, as against Rs 47 crore in the previous corresponding period. The total income of the company increased to Rs 356 crore as compared to Rs 288 crore in the previous similar period.

Ananya Birla launches LOVETC to tap premium cosmetics market in India

"This strategic expansion follows Birla Cosmetics' launch of Contraband earlier this year," the company said in a release

HIL Limited rebrands as BirlaNu, unveils $150 mn global expansion plan

BirlaNu plans a $150 million investment to reach $1 billion revenue by 2028, focusing on expanding production, boosting sustainability, and introducing innovative building solutions

On track to achieve all our initial targets: Birla Opus CEO Raksit Hargave

Birla Opus is the paints division of the Aditya Birla Group subsidiary Grasim Industries

Birla Fertility & IVF targets global expansion, doubling India centres

This move aligns with the company's aggressive domestic expansion, where it plans to double its centres across India from the current 50 to 100, backed by an investment of Rs 500 crore

Asia's 20 richest families: Mukesh Ambani leads, 6 Indians in the ranks

Mukesh Ambani's family tops Bloomberg's list of 10 Asia's richest families - an index that has six other Indian names. As many as four Indian families rank among the top 10 in the list and further two

Birla Opus adds fresh coat to raise capacity; commences ops of 4th plant

Makes it the second-largest decorative paints player in the country

Birla, Wadia signal truce as Century to buy Mumbai plot for Rs 1,100 cr

In what signals a truce between the Birla and Wadia families, Birla group company Century Textiles and Industry on Tuesday announced a deal to buy the prime land parcel at the centre of the dispute in central Mumbai's mill district from Nusali Wadia for Rs 1,100 crore. The two families, among the oldest denizens of corporate India, were at loggerheads over the Worli plot in what used to be the mill land and has now become prime real estate. The matter was pending in the courts. On Tuesday, Birlas-run Century Textiles and Industry made the surprise announcement that its realty arm Birla Estates is acquiring title rights for the approximately 10-acre plot for Rs 1,100 crore from Nusli Wadia. The "existing leasehold interest of CTIL is merged with the ownership rights" with the deal, the statement said, adding that this particular parcel possesses a booking value potential of Rs 14,000 crore if the real estate is exploited to the fullest. It can be noted that a year back, the nearly .

Building materials business expected to log significant growth: Birla

Aditya Birla Group Chairman Kumar Mangalam Birla on Tuesday said the conglomerate's building materials business is expected to see significant growth over the next several years with cement and decorative paints poised to be a key segment on the back of housing and infrastructure boom in India. Moreover, the outlook of the Indian economy remains "positive" supported by strengthening of macroeconomic fundamentals, a robust financial and corporate sector, and a resilient external sector. The government's continued thrust on capex while pursuing fiscal consolidation, and consumer and business optimism augur well for investment and consumption demand, he said. Birla was addressing the AGM of the group's holding firm Grasim, which controls the group's flagship firms including UltraTech, Aditya Birla Finance and other investments in textiles, chemicals and paints. Grasim has invested Rs 50,000 crore in capex over the past five years, of which 77 per cent is dedicated to growth initiative

BITSAT 2024: Session 2 Result out at website; download scorecard by July 11

Birla Institute of Science and Technology (BITS), Pilani, has announced the BITS Admission Test 2024 (BITSAT) results for session 2 on the official website at bitsadmission.com

Birla Estates buys land in Pune, to build Rs 2,500 cr housing project

Realty firm Birla Estates Pvt Ltd on Monday said it has acquired a 16.5-acre land parcel in Pune to a develop a housing project with an estimated revenue potential of Rs 2,500 crore. Birla Estates is a 100 per cent wholly-owned subsidiary of Century Textiles and Industries Ltd and the real estate venture of the Aditya Birla Group. The company said it is expanding its presence in Pune with a land acquisition in Manjri, Pune. "The land parcel is spread across 16.5 acres with a development potential of approx. 32 lakh sq ft and an estimated revenue potential of Rs 2,500 crore," a regulatory filing said. K T Jithendran, MD & CEO at Birla Estates said, "Pune is a strategic market for us and this acquisition is a step towards our ambitious growth plans." The Pune Sholapur corridor is transforming at a rapid pace, he said. "We intend to enhance living standards in Manjri by delivering meticulously designed homes that seamlessly integrate contemporary architecture with thoughtfully chose

Birla unit acquires ARMC IVF centre to foray into South Indian market

Birla Fertility & IVF, a part of C K Birla Group, on Wednesday said it has forayed into the South Indian market with the acquisition of ARMC IVF Fertility Centre for an undisclosed amount. Currently, Birla Fertility & IVF operates 30 centres and with the acquisition, it has expanded its presence across Kerala, Karnataka, and Tamil Nadu, by adding seven more centres and taking the total to 37 outlets across the country. "ARMC IVF and its Founder and Medical Director, Dr KU Kunjimoideen, have served the patients in the southern region with the highest level of fertility care, and through this partnership, we will continue to uphold this commitment," C K Avanti Birla, Founder (Birla Fertility & IVF, C K Birla Healthcare), said in a statement. The company plans to expand its footprint to 100 clinics with an investment of over Rs 500 crore over the next-3-4 years. The growth from 37-100 centres would encompass both organic and inorganic routes and in some cases partnerships as .

Bharat Highways Invit makes muted debut; shares of Birla AMC down 4%

Units of Bharat Highways Infrastructure Investment Trust (InvIT) made a mild debut on Tuesday, closing 3 per cent higher on the exchanges against the issue price of Rs 100. On the NSE, units of Bharat Highways InvIT began the trade at Rs 101.10, with a premium of 1.1 per cent. It finally ended at Rs 103.10, up by 3.08 per cent. It got listed at Rs 101 per unit, a premium of 1 per cent over the issue price on the BSE. During the day, it hit a high of Rs 104 per unit and later closed 3.05 per cent higher at Rs 103.05 per unit. At the close of the session, the company's market valuation stood at Rs 4,566.70 crore on the NSE. In terms of volume, 1.54 crore units were traded on the NSE, while 4.87 lakh units were traded on the BSE, during the day. The 30-share BSE Sensex climbed 165.32 points or 0.22 per cent at 73,667.96, while NSE Nifty ended almost flat at 22,335.70, inching up 3.05 points. On March 1, the Initial Public Offer (IPO) of Bharat Highways InvIT received 8 times subscri

Resolve to build 'Viksit Bharat' will be fulfilled by nation's women: Birla

Addressing the 58th Annual Function of Laxmibai College, Delhi University, on Wednesday, Birla said the women of India will lead the nation on the path of prosperity and glory

2023, India's year in biz: Apple debut, Adani's resilience, X's evolution

India got its first Apple store, Adani weathered the Hindenburg storm, and Twitter became X in the year that will still be remembered for AI

Sad that politics is being done on this: Birla on Parl security breach

The Speaker said he will continue to consult the members on the issue and urged them to take their seats

Calcutta High Court modifies the extent of Priyamvada Birla estate

The Harsh Lodha side claimed that the ruling was 'firmly' in its favour

UltraTech Cement announces third capex round worth Rs 13,000 crore

To take India capacity to 182 MTPA in a phased manner starting FY26

Birlasoft appoints Selvakumaran Mannappan as chief operating officer

In his previous role, Selvakumaran Mannappan was the delivery head of BFSI‐Americas (Banking, Financial Services & Insurance) at Cognizant Technology Solutions