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In the long court battle over the M P Birla group, Harsh Lodha has been asked to step down from management. But in the last decade and a half, the group has grown under him
The Division Bench of the Calcutta High Court on Thursday accepted the pleas of Birlas and declined the prayer of Lodhas and companies for stay on the directions passed by the single judge
The three companies and Lodha moved applications challenging a verdict passed by a single judge on Friday
As per Lodha, the estate is defined the assets prepared by jt administrators and produced in court. That makes the estate a minority shareholder in all four mfg firms within larger promoter group
On Saturday, Single Bench order of Calcutta High Court restrained Shri Harsh V Lodha, non-executive director and chairman of the company from holding any office in MP Birla Group
Office life in these cities resumed on Monday, albeit cautiously and with full knowledge of the need to maintain social distancing.
Supreme Court has asked the single judge at the Calcutta High Court to decide upon the issue of jurisdiction, together with the applications for interim relief
The decision of the Birlas comes in spite of a favourable verdict from a two-judge division Bench of the Calcutta High Court
The exchange enabled the listing of commercial papers (CPs) and announced framework for them in November 2019
It all began in 2004, when the former chairman of Birla Corporation, Priyamvada Birla, died
Market price of Rs 5.5 a share gives opportunity to Birla Group to mop up shares from the stock markets.
Basant Kumar Birla passes away in Mumbai. He was 98.
Birla was the chairman of Century Textiles and Industries, and had been active in business since the age of 15
The applications for the material range from aircraft and spacecrafts to racing cars