Aug 22, 2016 at 19:24 | Source: PTI
Rel Infra in February this year had announced the deal whereby Birla had agreed to buy the cement business for Rs 4,800 crore at a valuation of USD 140 a tonne.
Aug 19, 2016 at 11:04 | Source: CNBC-TV18
Sources say top Birla officials are meeting large shareholders of Grasim and AB Nuvo and reviewing their feedback. The process is likely to go on for few more days.
Aug 19, 2016 at 10:25 | Source: CNBC-TV18
There have been more positive surprises, albeit marginally, than negative ones in first quarter corporate earnings, says Mahesh Patil, Co-CIO of Birla Sun Life AMC in an interview to CNBC-TV18.
Aug 18, 2016 at 09:02 | Source: PTI
"Hindalco Industries has informed BSE that the company's wholly owned subsidiary Novelis Inc has completed refinancing of its USD 1.1 billion senior notes on August 15, 2016," Hindalco said in a regulatory filing.
Aug 16, 2016 at 22:51 | Source: CNBC-TV18
The AB Group management met with analysts from brokerage firms to outline details of the mega merger even as the latter continue to believe that merger was unlikely to shave off the conglomerate discount on the Grasim stock.
Aug 16, 2016 at 16:10 | Source: CNBC-TV18
Big Deal showcases - consolidation in the insurance sector, Aditya Birla Group announces a major recast of its businesses, and Tata Chemicals sells urea business to Yara. CNBC-TV18 tells you what the impact will be on the concerned companies.
Aug 12, 2016 at 17:49 | Source: CNBC-TV18
One of the key drivers for AB Group restructuring is to try and provide the right platform for the future growth of its financial services business, says Raj Balakrishnan, Managing Director, Investment Banking, BofAML.
Aug 12, 2016 at 13:04 | Source: Moneycontrol.com
Each shareholder of ABNL will get 3 new equity shares of Grasim for every 10 equity shares held in ABNL ie a shareholder holding 100 shares in ABNL will receive 30 shares in Grasim.
Aug 11, 2016 at 20:28 | Source: CNBC-TV18
Certain verticals will require funding to scale up like housing finance, insurance and non-banking finance company, says Ajay Srinivasan, Chief Executive - Financial Services, Aditya Birla Group. The company has no plans of listing the verticals separately anytime soon.
Aug 10, 2016 at 18:16 | Source: CNBC-TV18
The one stock that came under tremendous pressure today was Grasim, with the markets reacting to our newsbreak last evening about a major rejig being under way at the Mumbai-headquartered group.