Vodafone Idea Granted Board Approval To Raise Rs 2,075 Crore From Aditya Birla Group
Vodafone Idea, in which the government now also holds over 33% equity stake, has been fighting a desperate battle for survival.
Apr 07, 2024, 13:34 PM IST
India's Aditya Birla Capital To Raise Up To $213 Million Via Share Sale
Aditya Birla Capital declined Reuters' request for confirmation of the price. Shares of the company rose over 4% to their highest level since January 2018.
Jun 27, 2023, 15:58 PM IST
UltraTech Cement net profit falls 37.9% to Rs 1,062.6 crore, revenue up 19.5 pc in Q3
According to the company its operation cost was higher. The cost of raw materials such as fly ash, slag, and gypsum witnessed an increase of 13 percent.
Jan 21, 2023, 18:10 PM IST
Hindalco profit nearly doubles to Rs 3,851 crore in Q4
According to the company, the results were driven by an exceptional performance by India business, supported by favourable macros, strategic product mix and an improved performance by the downstream business.
May 27, 2022, 10:50 AM IST
Vodafone to infuse Rs 3,375 crore in VIL
Aditya Birla Group firm Oriana Investments Pte will subscribe to 84.58 crore equity shares which are about 25 per cent of the preferential shares of VIL.
Mar 04, 2022, 22:23 PM IST
Vodafone Idea's board to meet on Mar 3 to discuss fundraising
The company's trading window will remain close till 48 hours from the conclusion of the board meeting and open on March 6, the filing said.
Feb 25, 2022, 23:16 PM IST
UltraTech Cement shares jump nearly 3% after earnings announcement
The leading cement producer had posted a net profit of Rs 1,584.58 crore in the October-December quarter a year ago.
Jan 17, 2022, 19:51 PM IST
Aditya Birla Fashion faces data breach, over 5.4 million email IDs compromised
Aditya Birla Fashion and Retail Ltd is facing a data breach on its portal.
Jan 16, 2022, 12:59 PM IST
Aditya Birla Fashion acquires 51% stake in designer clothing brand Masaba
Aditya Birla Group has entered into a 'binding term sheet’ agreement to acquire a 51 per cent stake in 'House of Masaba Lifestyle Pvt Ltd'.
Jan 14, 2022, 23:12 PM IST
Vodafone-Idea loss triggers Rs 21.5K cr m-cap loss in Birla firms
On August 19, the company posted lacklustre subscriber numbers having lost 41 lakh customers. Soon after, it was announced that the company CEO Balesh Sharma will be replaced by Ravinder Takkar.
Aug 21, 2019, 12:18 PM IST
IFCI gets Rs 492 cr for Binani Cement resolution under IBC
On November 14, Aditya Birla Group firm UltraTech Cement won bid to acquire debt-ridden Binani Cement.
Nov 27, 2018, 11:26 AM IST
SC rejects plea of Dalmia Bharat Group firm's plea against rejection of its bid for Binani Cement
The bench said there was no infirmity in the NCLAT's order.
Nov 19, 2018, 18:03 PM IST
NCLAT approves UltraTech's bid for Binani Cement
The apex court had directed NCLAT to hear the case on a day-to-day basis.
Nov 14, 2018, 16:41 PM IST
Hindalco arm Novelis to acquire Aleris for $2.58 billion
Aleris is a global supplier of aerospace and automotive aluminium rolled products.
Jul 26, 2018, 17:12 PM IST
Ultra Tech to acquire Century Textiles' cement business
Besides, the company is also into race to acquire debt-ridden Binani Cement and has put its revised offer competing with Dalmia Bharat Group.
May 21, 2018, 18:06 PM IST
Simon Carter enters India via tie-up with Aditya Birla Fashion
Aditya Birla Fashion and Retail Ltd (ABFRL) had in May last year signed a licensing agreement to bring the London- based designer brand to India.
Sep 15, 2017, 17:13 PM IST
Birlas enter top league with $50-billion m-cap; Tatas still on top
The combined market valuation of the Kumar Mangalam Birla-led listed companies stood at Rs 3,42,354.87 crore (USD 53.5 billion) at the end of Friday's trade.
Sep 03, 2017, 13:43 PM IST
Kumar Birla says keen to enter ARC business, awaiting RBI nod
Noting that so much stressed assets have piled up in the economy and are coming into the market, he said company wants to grab that opportunity.
Sep 01, 2017, 23:07 PM IST
Aditya Birla Capital shares list on bourses; slip 5%
The listing of ABCL is the culmination of the composite scheme of arrangement under which Aditya Birla Nuvo merged with Grasim Industries and the financial services undertaking was subsequently demerged into ABCL.
Sep 01, 2017, 14:43 PM IST
Idea-Vodafone deal gets conditional go-ahead from Sebi, bourses
BSE and NSE said they reserve rights to raise objections at any stage if the information submitted to them is found to be incomplete, incorrect, misleading, false or for any contravention of rules and regulations.
Aug 07, 2017, 20:45 PM IST
