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FIPB to take up 25 FDI proposals on Sept 22

Last Updated: Thursday, September 10, 2015, 16:03

FIPB will take up 25 foreign direct investment (FDI) proposals, including those of Aditya Birla Nuvo, Cipla, Sun Pharma Advanced Research and HDFC Capital Advisors, on September 22.

Pantaloons to invest Rs 125cr this fiscal, add up to 35 stores

Last Updated: Sunday, August 16, 2015, 11:41

"The company is targeting to launch 30-35 stores during 2015-16 and focus will be on expanding customer reach and portfolio enrichment," it said.

Aditya Birla Nuvo Q1 net profit jumps 50.42% to Rs 396.66 cr

Last Updated: Wednesday, August 12, 2015, 16:14

Aditya Birla Nuvo Ltd (ABNL) on Wednesday reported 50.42 percent increase in net profit to Rs 396.66 crore for the first quarter ended June 30, 2015.

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.

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.

Aditya Birla Nuvo forms JV with South Africa's MMI holdings

Last Updated: Thursday, June 4, 2015, 12:21

Diversified entity Aditya Birla Nuvo Ltd (ABNL) today announced formation of a joint venture with MMI Holdings -- a South African insurance based financial services group -- to enter Indian health insurance and wellness market.

Aditya Birla Nuvo Q4 net profit rises 88.28% to Rs 331.63 cr

Last Updated: Thursday, May 14, 2015, 16:02

The company's shares were trading 3.58 percent up at Rs 1,894.10 apiece during pre-close session on the BSE.

Aditya Birla Group stocks jump up to 20% on apparel biz merger

Last Updated: Monday, May 4, 2015, 17:51

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.

ABNL is now ABFRL, Madura Garments merges with PFRL, now a separate Retail Firm

Last Updated: Sunday, May 3, 2015, 18:12

A shareholder holding 100 shares in ABNL will continue to hold 100 shares in ABNL and in addition will get 520 shares of PFRL.

Aditya Birla Group consolidates apparel biz into one entity

Last Updated: Sunday, May 3, 2015, 14:55

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.

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.

Pantaloons gets shareholders nod to raise Rs 1,000 cr via NCDs

Last Updated: Tuesday, February 24, 2015, 22:46

Pantaloons Fashion & Retail today said it has received approval of shareholders to raise Rs 1,000 crore through non-convertible debentures (NCDs) on a private placement basis.