Page 7 of Aditya Birla Group

Reliance Capital, aditya birla group, reliance general insurance company, piramal enterprises

New clause red-flagged by RCap bidders

Under the new clause, the lenders can challenge any resolution plan as and when they want.

October 31, 2022 06:20 IST

Aditya Birla Capital, Reliance Capital, Reliance Nippon Life Insurance

Aditya Birla Capital gets nod to bid for Reliance Nippon Life Insurance

The approvals were accorded following the CoC meeting held last week, sources close to the development said.

October 17, 2022 04:30 IST

Though Reliance Nippon Life did not receive any bid, the remaining businesses of RCap had received 14 non-binding bids.

Aditya Birla Finance evinces interest in Reliance Nippon Life

Earlier, Gujarat-based Torrent Group had partnered with Nippon Life Insurance to bid for RCap’s 51% stake in Reliance Nippon Life…

October 15, 2022 01:15 IST

Birla Corp to invest $1 bn to ramp up production capacity

The company plans to set up of a 4 million tonne per annum greenfield project, brownfield expansion of existing capacities…

September 28, 2022 03:25 IST

Aditya Birla Fashion expects to exceed its own revenue target by 2026

“We had projected a revenue of Rs 21,000 crore for the year 2026 during our annual investor day held in…

Updated: September 6, 2022 07:23 IST

wind energy, project, power project, contract, aditya birla, development permits, power, capacity, payments

KP Energy developing wind energy projects for Aditya Birla Group worth Rs 222 crore

“The total value of the projects to be developed by KP Energy for Aditya Birla Group is Rs 2,220 Million…

August 31, 2022 17:33 IST

Despite headwinds from Ukraine war, pandemic challenges, India exhibits several ‘bright spots’: Kumar Mangalam Birla

Global stagflation is making 2022 feel unprecedented and disruption now feels like ‘business as usual’, Birla noted.

August 26, 2022 21:12 IST

SBI sells KSK Mahanadi Power loan account to Aditya Birla ARC for Rs 1,622 crore

“SBI initiated open offer e-auction towards sale of fund based exposure of KSK Mahanadi Power Co. Ltd on 100 per…

August 19, 2022 15:02 IST

India @75: ‘Bombay Plan’ spirit lives on

India’s large firms still want the govt to mitigate their business risks

August 15, 2022 07:28 IST

CSR: Industry calls for progressive capitalism, see benefits percolating down

Dr Bhaskar Chatterjee, the architect of mandatory CSR in India, expressed satisfaction at the change in mindset of corporate leadership…

August 4, 2022 20:20 IST

The company reported a 26% y-o-y growth in its consolidated revenue to Rs 5,590 crore.

Aditya Birla Capital consolidated profit rises 42% on higher revenue

The company reported a 26% Y-o-Y growth in consolidated revenue to Rs 5,590 crore.

August 4, 2022 02:10 IST

UltraTech Q1 net profit falls 7 pc to Rs 1,582 crore; net sales rise 28 pc to Rs 15,164 crore

The company had posted a net profit of Rs 1,700.03 crore in the April-June period a year ago, UltraTech Cement…

Updated: July 22, 2022 16:20 IST

Grasim to invest Rs 2,000 crore over 5 years for B2B building materials foray

According to Grasim, the B2B e-commerce segment is of ‘high-growth opportunity with attractive long-term returns and will be highly value…

July 20, 2022 03:15 IST

Hindalco partners Israel’s Phinergy, IOP to develop aluminium-air batteries for EVs in India

Aluminium-air batteries are expected to make EV adoption more convenient, and accelerate the transition to green mobility.

Updated: July 18, 2022 16:15 IST

Aditya Birla Fashion and Retail rating – Buy: Deal with GIC boosts long-term prospects

Q4FY22 saw another strong performance; FY23e Ebitda cut by 2%; ‘Buy’ retained with target price of Rs 354.

May 30, 2022 02:15 IST

Holcim deal value too steep at $10 billion: Kumar Mangalam Birla, chairman, Aditya Birla Group

The Birla Group chief said he is open to buying assets that the government may put on the block, for…

May 26, 2022 04:15 IST

Grasim to double outlay for paints business to Rs 10,000 crore

Grasim Industries has already started construction work at two of its plant sites — Panipat and Ludhiana — while that…

May 25, 2022 02:20 IST

GIC buys 7.5% stake in Aditya Birla Fashion and Retail for Rs 2,195 crore

In the first tranche, GIC will invest Rs 770 crore, while the remaining Rs 1,425 crore would be infused within…

May 25, 2022 00:10 IST

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