Ambanis, Birlas, Mittal among 113 vying to be niche banks

Last Updated: Tuesday, February 3, 2015, 11:59

At least 113 entities, including top corporates such as RIL, Aditya Birla Group, Airtel, Vodafone and Future Group, have approached the RBI to seek licences for setting up payment or small finance banks.

Grasim Industries reports Q3 net profit at Rs 333.61 cr

Last Updated: Saturday, January 31, 2015, 16:50

Aditya Birla Group firm Grasim Industries Saturday reported a consolidated net profit of Rs 333.61 crore for the third quarter ended December 2014.

Documents require further probe in case against Hindalco: CBI

Last Updated: Wednesday, January 28, 2015, 21:40

CBI Wednesday told a special court that fresh documents recovered in a coal scam case relating to 1994 Talabira-I coal block allocation to Indal (now Hindalco, Aditya Birla group) requires further investigation.

Coal scam: CBI files progress report in sealed cover

Last Updated: Tuesday, January 27, 2015, 12:58

CBI on Tuesday filed a progress report of its ongoing investigation in a sealed cover before a special court in a coal blocks allocation scam case, in which the agency was directed to "examine" former Prime Minister Manmohan Singh.

Coal scam: CBI files progress report involving Hindalco

Last Updated: Tuesday, January 27, 2015, 10:23

The CBI had earlier filed a closure report in August last year in this case but a special court had ordered that further investigation be initiated.

Coal scam: CBI registers fresh case against Hindalco

Last Updated: Friday, January 23, 2015, 21:05

CBI has registered a fresh case in the coal block allocation scam against Indal (now Hindalco, Aditya Birla group) in connection with the allocation of Talabira-I coal block, twenty years ago.

CBI examines Kumar Mangalam Birla in Coal scam

Last Updated: Wednesday, January 21, 2015, 22:12

CBI has examined Aditya Birla group Chairman Kumar Mangalam Birla in connection with alleged irregularities in the allocation of Talabira-II coal block to his company Hindalco in 2005.

I-T probes finds Rs 203 cr undisclosed income in Birla case

Last Updated: Thursday, January 15, 2015, 19:20

An Income Tax probe has claimed to have found an undisclosed income of Rs 203 crore in the hands of different people of Aditya Birla Group which had allegedly used the hawala route to transfer an undisclosed sum of money.

Aditya Birla Group to invest Rs 20,000 cr in Gujarat: Birla

Last Updated: Sunday, January 11, 2015, 16:01

Making public his "personal bias" for investing in Gujarat, Kumarmangalam Birla Sunday said the diversified Aditya Birla Group will invest Rs 20,000 crore over a period of time in the state to ramp up capacities across various existing facilities.

Vibrant Gujarat Summit 2015: Indian, foreign cos announce huge investments

Last Updated: Sunday, January 11, 2015, 15:02

While Reliance Industries chief Mukesh Ambani said his group would invest Rs 1 lakh crore in 12-18 months across businesses, Kumar Mangalam Birla of Aditya Birla Group announced investment plans for Rs 20,000 crore in the state.

Gujarat most preferred destination, will invest Rs 20,000 cr: Aditya Birla

Last Updated: Sunday, January 11, 2015, 11:37

Kumar Mangalam Birla, chairman of Aditya Birla Group, Sunday said Gujarat was the most preferred destination for his company and that they would invest Rs 20,000 crore in the state.

Ultratech to buy Jaypee's 2 cement plants for Rs 5400 crore

Last Updated: Tuesday, December 23, 2014, 20:54

In one of the biggest deals in the cement sector, Aditya Birla Group firm Ultratech will acquire two plants from Jaiprakash Associates (JAL) in Madhya Pradesh for an enterprise value of Rs 5,400 crore.