Coal scam: Plea for probe into 'hawala transactions' in SC
The Supreme Court Monday sought the responses of CBI and ED for a probe into the Aditya Birla Group's alleged hawala transactions which cropped up during the probe of the coal scam and permission granted for alleged diversion of coal from the block allotted to Reliance ADAG's Sasan Ultra Mega Power Project in Madhya Pradesh.
Jul 06, 2015, 20:45 PM IST
ABCIL gets shareholders' nod for merger with Grasim Industries
Aditya Birla Chemicals (ABCIL) on Saturday said it has received shareholders' approval for merging the company with Grasim Industries.
Jul 04, 2015, 20:45 PM IST
Idea shares gain nearly 3%
Idea Cellular's scrip climbed 2.50 percent to settle at Rs 178.25 on the BSE. During the day, it went up by 3.19 percent to Rs 179.45.
Jun 05, 2015, 17:11 PM IST
Hindalco Q4 profit falls 36% to Rs 160 crore
The Aditya Birla Group flagship had posted net profit of Rs 248 crore in the January-March period of the previous fiscal, 2013-14, it said in a BSE filing.
May 28, 2015, 17:42 PM IST
Hindalco fourth-quarter profit misses estimates
Aluminium and copper producer Hindalco Industries Ltd on Thursday posted a drop in quarterly profit that missed estimates, hurt by lower margins.
May 28, 2015, 15:14 PM IST
Idea's 3G in Kolkata in Dec, to pump Rs 380 cr in Bengal
The Aditya Birla group company will install additional 1200 2G cell sites across Bengal and about 2,000 3G sites in the city.
May 13, 2015, 18:38 PM IST
Aditya Birla Group stocks jump up to 20% on apparel biz merger
Shares of Pantaloons Fashion & Retail and Aditya Birla Nuvo on Monday gained up to 20 percent, a day after Aditya Birla Group merged its apparel businesses into a Rs 5,290 crore entity.
May 04, 2015, 17:51 PM IST
Aditya Birla Group stocks jump up to 20% on apparel biz merger
Pantaloons Fashion jumped 19.92 per cent to Rs 136.60 -- its upper circuit limit on the BSE, while Aditya Birla Nuvo surged 12.94 per cent to Rs 1,773.55.
May 04, 2015, 13:11 PM IST
Aditya Birla Group consolidates apparel biz into one entity
In a major restructuring exercise, Aditya Birla Group Sunday announced merger of all its branded apparel businesses into one entity, Aditya Birla Fashion and Retail Ltd, through an all-share deal.
May 03, 2015, 14:55 PM IST
Grasim Q4 net profit at Rs 507 crore
Net sales stood at Rs 8,706.41 crore for the quarter under review whereas the same was at Rs 8,245.45 crore in the year-ago period, Grasim Industries said in a filing to BSE.
May 02, 2015, 18:55 PM IST
Ultratech Cement Q4 net profit dips 24%
Ultratech Cement on Saturday reported a 24 percent dip in consolidated net profit at Rs 657.2 crore for the fourth quarter of 2014-15, mainly on account of a penalty imposed by CCI on cartelisation charges.
Apr 25, 2015, 17:39 PM IST
Aditya Birla plans to consolidate retail biz under one roof
The Aditya Birla Group is working on a restructuring plan to bring all its retail verticals under Pantaloon Fashion & Retail in a move to unlock value and accrue synergy benefits for the business.
Apr 08, 2015, 15:45 PM IST
Spectrum bids won't result in high call rates: Prasad
Ideal Cellular, which provides mobile services using GSM technology, bid a maximum of Rs 30,306.98 crore to buy spectrum in the 900 megahertz, 1800 MHz and 2,100 MHz bands.
Mar 26, 2015, 18:01 PM IST
Allen Solly not keen on e-sales
In an age when everyone is going online, garment maker Allen Solly, part of the USD 40 billion Aditya Birla Group, on Thursday said it wants to keep the brick-and-mortar model as its main revenue earner rather than focus on online sales.
Mar 12, 2015, 19:58 PM IST
Summons for Birla: CII warns of uncertainty among investors
With a special CBI court issuing summons to industrialist Kumar Mangalam Birla as an accused in a coal scam case, apex industry body CII Wednesday said such orders can create "uncertainty and anxiety among investors" and dissuade them from investing in the country.
Mar 11, 2015, 22:22 PM IST
No officials, Birla pursued any unlawful means: Hindalco
Aditya Birla group flagship firm Hindalco Wednesday said none of its officials, including Chairman Kumar Mangalam Birla had pursued any unlawful or inappropriate means to secure allocation of Talabira-II coal block in Odisha.
Mar 11, 2015, 20:55 PM IST
KM Birla played "active role" to secure coal block: Court
Various high-ranking officials of Aditya Birla Group "left no stone unturned" to secure the coal block, the court said while holding that "criminal conspiracy" was prima facie initially conceived by Hindalco officials Shubhendu Amitabh and D Bhattacharya.
Mar 11, 2015, 20:50 PM IST
Aditya Birla Nuvo shuts down its urea plant in UP for a month
Aditya Birla Nuvo Friday shut its urea plant in Uttar Pradesh for about a month as cost of production beyond capacity has become unviable due to the current policy of the government.
Feb 27, 2015, 17:43 PM IST
Hindalco shares pare early gains; down over 1% at close
Paring early gains, shares of Hindalco Industries ended over 1 percent lower today in-line with an overall weak stock market, even as the company bagged maximum number of mines in the first phase of auction.
Feb 23, 2015, 18:50 PM IST
Aditya Birla Chemicals to merge with Grasim Industries
Grasim Industries, an Aditya Birla Group firm, today said its Board has approved merger of Aditya Birla Chemicals with the company in line with its vision to unify similar business in one company.
Feb 11, 2015, 19:08 PM IST
