Aditya Birla plans to consolidate retail biz under one roof

Last Updated: Wednesday, April 8, 2015, 15:45

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.

Spectrum bids won't result in high call rates: Prasad

Last Updated: Thursday, March 26, 2015, 18:01

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.

Sutlej Textiles gets Board nod to acquire Birla Textile Mills

Last Updated: Monday, March 16, 2015, 11:48

Birla Textile Mills is a unit of Chambal Fertilisers & Chemicals.

Allen Solly not keen on e-sales

Last Updated: Thursday, March 12, 2015, 19:58

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.

Summons for Birla: CII warns of uncertainty among investors

Last Updated: Wednesday, March 11, 2015, 22:22

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.

No officials, Birla pursued any unlawful means: Hindalco

Last Updated: Wednesday, March 11, 2015, 20:55

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.

KM Birla played "active role" to secure coal block: Court

Last Updated: Wednesday, March 11, 2015, 20:50

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.

Aditya Birla Nuvo shuts down its urea plant in UP for a month

Last Updated: Friday, February 27, 2015, 17:43

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.

Hindalco shares pare early gains; down over 1% at close

Last Updated: Monday, February 23, 2015, 18:50

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.

Coal auction: Hindalco, UltraTech bag coal mines on 6th day

Last Updated: Thursday, February 19, 2015, 23:00

The allocation of coal blocks, including through the ongoing auction, will fetch a whopping Rs 15 lakh crore over the next 30 years, for the respective states, Coal, Power, New and Renewable Energy Minister Piyush Goyal said earlier in the day.

Aditya Birla Chemicals to merge with Grasim Industries

Last Updated: Wednesday, February 11, 2015, 19:08

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.

Vedanta bid for 14 blocks; Birla, Adani also in fray

Last Updated: Wednesday, February 4, 2015, 18:21

Mining baron Anil Agarwal-led Vedanta Group has bid for the most number of 14 coal mines out of 23 on offer in the first round of auction which also have aggressive bids by Aditya Birla Group, Adani and Naveen Jindal group, but was shunned by foreign players.