Aditya Birla

Aditya Birla News

Cautious optimism dictates Aditya Birla Fashion’s strategy for FY24

Analysts say the need to stabilise current businesses, built on the back of acquisitions, overrides all other priorities for the…

May 25, 2023 02:45 IST

Aditya Birla Capital to keep focus on arms

Firm will continue to evaluate various stake sale options for its subsidiaries, says Mulye

Updated: May 18, 2023 07:48 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

The company’s revenue from operations rose 254% year-on-year to Rs 2,875 crore on low base and improved consumer sentiment.

Aditya Birla Fashion back in the black

With improved consumer confidence, brands and retailers are now back to aggressive store network expansion, the company said in its…

August 6, 2022 01:00 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

Aditya Birla Fashion sells minority stake to Singapore’s sovereign fund GIC, raises Rs 2,195 crore

After the transaction, Aditya Birla Group will hold about 51.9 per cent stake while Singapore’s GIC will hold about 7.5…

Updated: May 24, 2022 10:43 IST

Aditya birla capital, aditya birla sun life amc

Aditya Birla Capital clarifies on CEO Srinivasan’s exit, says found no merit in whistleblower complaints

Aditya Birla Capital on Monday said that outgoing CEO Ajay Srinivasan is transitioning to a new role being crafted at…

May 16, 2022 20:32 IST

This appointment comes in the wake of Ajay Srivinasan’s plans to move out of the current role.

Vishakha Mulye to be CEO of Aditya Birla Capital

Mulye will operate as the CEO-designate from June 1, reports fe Bureau.

April 24, 2022 06:00 IST

It would look at raising Rs 10,000 crore by way of private placement, qualified institutions placement or through any other permissible mode in one or more tranches.

Vodafone Idea to get Rs 4,500 cr funds from Voda, Aditya Birla; looks to raise another Rs 10,000 cr later

The Aditya Birla Group holds a 27.66% stake in Vodafone Idea, while Vodafone Plc holds 44.39%.

Updated: March 3, 2022 22:09 IST

Aditya Birla Group enters D2C market; says new unit will acquire “promising and scalable” D2C brands

The fashion retail company said it plans to build a portfolio of new-age, digital brands across categories such as fashion,…

February 4, 2022 14:41 IST

The Chairman of the USD 44-billion Aditya Birla Group also said that ultimately unit economics will have to matter. (File)

Tangible profits make businesses successful, sustainable, says KM Birla amid high valuation of companies

Birla said in the long run, sustainable and successful businesses are those that generate tangible profits, prosperity, livelihoods quarter after…

January 28, 2022 16:54 IST

Top stocks bought by mutual funds in September: Aditya Birla AMC shares among funds’ top purchases

Mutual fund managers continued to lap up shares of debutant companies in September with Aditya Birla Sun Life AMC and…

October 14, 2021 16:18 IST

Aditya Birla Sun Life AMC files DRHP with SEBI for IPO; parent Aditya Birla Capital to trim holding

Through the IPO, Aditya Birla Capital will sell up to 28,50,880 equity shares of face value Rs 5 each, held…

April 20, 2021 11:44 IST

Analyst Corner: Initiate with ‘add’ on Aditya Birla Capital

We initiate coverage on Aditya Birla Capital (ABCL) with ADD rating and SoTP-based FV of Rs 145.

March 16, 2021 03:30 IST

Aditya Birla Fashion and Retail rights issue closes on July 22; should you subscribe?

The ABFRL rights issue is mainly aimed at reducing the debt and strengthening the balance sheet of the company taking…

Updated: July 20, 2020 14:15 IST

Aditya Birla Fashion plans to raise funds via pvt placement

Aditya Birla Fashion and Retail Ltd (ABFRL) today said it plans to raise funds through issuance of Non-Convertible Debentures (NCDs)…

May 22, 2016 22:30 IST

Aditya Birla Nuvo, quarter 4 profit, Pantaloons, BSE filings, profit making companies

Aditya Birla Nuvo Q4 net profit at Rs 327 crore

Diversified firm Aditya Birla Nuvo today reported a consolidated net profit of Rs 326.69 crore in the fourth quarter ended…

May 20, 2016 17:14 IST

Aditya Birla to sell copper biz in Australia

Australia-listed Aditya Birla Minerals is part of Aditya Birla Group, and is 51% owned by Hindalco Industries

September 22, 2015 00:37 IST

Aditya Birla Nuvo forms JV with South Africa’s MMI holdings

Diversified entity Aditya Birla Nuvo Ltd (ABNL) today announced formation of a joint venture with MMI Holdings

June 4, 2015 14:19 IST

Hindalco Industries Q4 profit falls 36% to Rs 160 cr

Aluminium maker Hindalco Industries today reported 36 per cent fall in standalone net profit to Rs 160 crore for the…

May 28, 2015 17:13 IST

Kumar Mangalam Birla led Aditya Birla buys Jubilant Industries retail business

Kumar Mangalam Birla led Aditya Birla Retail Ltd (ABRL) today acquired Jubilant Industries’ hypermarket business in a slump sale all…

Updated: May 12, 2015 16:49 IST

Coal scam: Will defend case through legal process, says Hindalco

Aditya Birla group flagship firm Hindalco today said it would defend its case through…

March 11, 2015 14:51 IST

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