Aditya Birla News

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.

VIL had also sought shareholders' approval to raise Rs 10,000 crore through sale of equity or through a mix of ADR, GDR and FCCBs. Promoter firm Vodafone plans to infuse up to Rs 3,375 crore into debt-ridden Vodafone Idea Ltd. Besides, Aditya Birla Group plans to pump in up to Rs 1,125 crore.

ABFRL has assured that it will have no operational or business impact on its operations. The company has engaged forensic security experts to investigate the data breach incident. Over 5.4 million email addresses were released online from the portal of the Aditya Birla Group-owned company.

According to official data, VIL had an adjusted gross revenue (AGR) liability of Rs 58,254 crore out of which the company has paid Rs 7,854.37 crore and Rs 50,399.63 crore is outstanding.

The Aditya Birla Idea Payments Bank has shut down all operations across the country on Saturday

Payments bank are being promoted by the Reserve Bank to further financial inclusion.

Aditya Birla Fashion and Retail today said its division Pantaloons' Chief Executive Officer Shital Mehta has resigned from the company.

While the World Health Organisation (WHO) has taken on lease about 50,700 sq ft of office space for its headquarter, Facebook India has taken 23,000 sq ft area, Jain said.

 Debt-ridden Jaiprakash Associates today announced the part sale of its cement business to the Kumarmangalam Birla-led Ultratech for Rs 15,900 crore, marking the biggest consolidation in the cement sector.

Global operations accounted for more than 50 percent of the group's revenues, which rose by 8 percent in the US dollar terms as well to USD 41 billion "regardless of ups and downs in foreign currency", Birla added.

Aditya Birla-led Hindalco on Thursday said insurance giant LIC has raised its stake in the aluminium maker to over 13 percent.

Leading linen fabric-maker Jaya Shree Textiles, a unit of Aditya Birla Nuvo, is aiming at Rs 1,000 crore revenue from its linen, yarn and fabric business in next two years.

The Odisha government has decided to scrap joint venture agreements with global major Rio Tinto, Vedanta Group firm Sesa Sterlite and Aditya Birla Group-owned Hindalco Industries, an official said Wednesday.

Hindalco has bagged two mines out of the 13 put on offer so far.

Vodafone India on Tuesday said it has applied for a payment bank licence and is exploring options for partnerships for the proposed banking venture.

Rajashree Birla, wife of late Aditya Birla and mother of Kumarmangalam Birla who is heading the USD 40 billion Aditya Birla group, Thursday praised Prime Minister Narendra Modi, saying "he is focussed and selfless".

Ultratech Cement today reported a little over six percent dip in its consolidated net profit for the first quarter of the current fiscal at Rs 628 crore on lower prices and higher variable costs.

Aditya Birla Group firm Hindalco Industries plans to raise up to Rs 5,000 crore by issuing equity shares to institutions or through other options.