Ultratech to raise up to Rs 9K cr for loan refinancing, capex

Last Updated: Friday, July 31, 2015, 16:21

The Aditya Birla Group firm will seek shareholders' nod to raise the capital at its Annual General Meeting scheduled next month.

Aditya Birla Chemicals Q1 net up 40% to Rs 20.36 crore

Last Updated: Tuesday, July 28, 2015, 18:35

Aditya Birla Chemicals on Tuesday reported 40 percent increase in net profit at Rs 20.36 crore for the quarter ended June 30, 2015, against Rs 14.55 crore during the same period of the previous fiscal.

Ultratech Cements profit declines 6% to Rs 591 cr

Last Updated: Monday, July 20, 2015, 15:44

Its consolidated net sales rose by 6 per cent to Rs 6,372 crore in April-June quarter of 2015-16, from Rs 5,989 crore in the same quarter of 2014-15 fiscal, Ultratech said in a filing to the BSE.

Aditya Birla Nuvo to foray into solar power biz

Last Updated: Thursday, July 9, 2015, 22:00

Diversified company Aditya Birla Nuvo (ABNL) will make a foray into solar power business and would participate in auction of such projects in Telangana.

Coal scam: Plea for probe into 'hawala transactions' in SC

Last Updated: Monday, July 6, 2015, 20:45

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.

Ambani gets 205-times of median pay; ITC's Deveshwar 439-times

Last Updated: Sunday, July 5, 2015, 17:09

Billionaire industrialist and India's richest Mukesh Ambani has not taken a pay hike for seven years, but his salary is over 205-times that of the median employee remuneration at Reliance Industries Ltd (RIL).

ABCIL gets shareholders' nod for merger with Grasim Industries

Last Updated: Saturday, July 4, 2015, 20:45

Aditya Birla Chemicals (ABCIL) on Saturday said it has received shareholders' approval for merging the company with Grasim Industries.

Franklin Templeton acquires 8.49% stake in Pantaloons Fashion

Last Updated: Friday, July 3, 2015, 20:57

Franklin Templeton has acquired 7,879,902 equity shares of Kumar Mangalam Birla-led Aditya Birla Nuvo Ltd (ABNL) firm, the company said in a BSE filing.

LIC hikes stake in Hindalco to over 13%

Last Updated: Thursday, June 18, 2015, 19:56

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

Unnecessary negativism around Indian economy: Aditya Puri

Last Updated: Sunday, June 14, 2015, 17:17

There is "unnecessary negativism" surrounding the Indian economy and the government needs to be given chance to carry out its work as recovery is underway, senior banker Aditya Puri has said.

Banks may further reduce interest rates by end of week: HDFC

Last Updated: Wednesday, June 10, 2015, 21:34

Hinting at another round of interest rate cuts, private sector lender HDFC Bank's Managing Director Aditya Puri Wednesday said most banks will cut their lending rates by the end of the week.

HDFC Bank launches aggregator app for all types of payments

Last Updated: Wednesday, June 10, 2015, 21:29

The second largest private sector lender HDFC Bank Wednesday claimed to have done a global first by launching a mobile phone application that will aggregate merchants' applications and allow users to transfer funds, shop, pay utility bills, book tickets and recharge phones.