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  • Never thought of buying IPL team: KM Birla's 2024 comment on Nikhil Kamath's podcast is viral

    RCB’s transition into the Birla fold followed United Spirits Limited’s decision to sell its 100 percent stake in Royal Challengers Sports Private Limited to a consortium led by the Aditya Birla Group.

  • Adani, Birla enter wires and cables market, but cracking distribution holds the key

    The share of branded players increased to around 74 percent in FY23 from 61 percent in FY14 and is expected to rise to 80 percent by FY25, according to Motilal Oswal Financial Services.

  • UltraTech’s wires and cables foray: A high-voltage hazard for incumbents?

    The W&C industry size is estimated at Rs 80,000 crore, having delivered a CAGR of 12-13% between FY19 and FY24 The shift from the unorganised to the organised market provides an attractive opportunity for a new player

  • Aditya Birla group stands to gain from Trump's 'America First' push, say analysts

    Expected tax cuts and import tariffs could create favourable conditions for Birla’s US-based aluminium business Novelis, which has extensive investments in that country

  • It’s Adani Vs Birla and Birla Vs Asian Paints in battle of giants

    Cement and paints markets are like chalk and cheese and strategies for dominance or entry are different.

  • Billionaire battle heats up as Adani challenges Birla in cement

    The clash of titans is likely to intensify as the deep-pocketed tycoons seek to dominate supplies of a building material that is critical to sustaining India’s infrastructure boom.

  • Grasim promoter Birla Group Holdings increases stake by 4.08%

    Despite this increase in BGHPL's shareholding, Grasim clarified that there is no change in the overall shareholding of the promoter and promoter Group of the company

  • Beginning of Voda-Idea 2.0 says K Mangalam Birla as Vodafone-Idea FPO shares list at NSE

    Vodafone Idea FPO shares listed at NSE on 25th April. India's third-largest telecom operator had offered 1,260 crore shares in the Rs 18,000-crore FPO, the largest such offering in the country. This move is part of a larger strategy to gather Rs 45,000 crore through a combination of debt and equity. The price band for the offer, which was open for subscription from April 18-22, was fixed at Rs 10-11 apiece. Watch for more

  • Cement business growth will be through organic, inorganic routes: Kumar Mangalam Birla

    The competition heated up in the Indian cement industry after Adani's take over of Ambuja Cement and ACC Ltd., which placed Adani in direct competition with UltraTech. Analysts expect the war for market share to continue and may lead to price wars even as new capacities are added.

  • Grasim's Birla Opus expects to exit FY25 with high-single-digit market share

    The comments come as industry players are betting high on the decorative cement business amid expectations for the sector to grow to Rs 1 lakh crore in the next five years.

  • Why Sachin Bansal sold Chaitanya to Birla despite its success

    If not for Sachin Bansal’s ambition to get a banking licence, there was a cultural and strategic misfit between what Chaitanya was and could be. He wants Navi to be an urban 100% digital banking firm. But without a banking licence, it is a long hard journey to become a large financial services player in India.

  • 'My time more valuable than that of Adani, Tata, Birla': Yoga guru Ramdev

  • SC dismisses Birla's petitions contesting Calcutta HC order to make AGM voting results public

  • Birlas to challenge Harsh Lodha's reinstatement as director in MP Birla Group firms

  • Aditya Birla Idea Payments Bank starts operations from February 22

  • Kumar Mangalam Birla 'unanimous' pick to head Voda-Idea combine

  • Why is PM shying away from an independent probe: Dikshit

  • Gross loan portfolio to hit Rs 500 crore mark in 2016: Svatantra

  • Paytm plans to launch payments bank by March

  • No officials, Birla pursued any unlawful means: Hindalco

  • CBI to close case against Birla and Parakh this week

  • 'FIR against Birla doesn't mean govt targeting industry'

    Montek agreed that the issue has caused a huge damage to the reputation of Kumar Mangalam Birla and retired Coal Secretary P C Parakh. But, he quickly added that it is a Supreme Court supervised investigation and the people need to wait for its conclusion instead of making their interpretations.

  • India Inc gets service tax notices of Rs 3000cr: Sources

    The Service Tax Department has slapped tax notices to the tune of Rs 3,000 crore to India Inc. Conglomerates like Tata, Reliance, and Birla are likely to come under the taxman's lens.

  • Bank hopefuls stare down road fraught with cost, risks

    While corporate heavyweights from the Tata, Birla and Bajaj groups to Anil Ambani's Reliance Capital are among those applying for the right to establish full-fledged banks, the pool of 26 hopefuls was smaller than analysts had expected.

  • Shriram Capital applies for banking licence

    Shriram Capital is seen as a strong contender to win a licence. Corporate heavyweights, from the Birla and Bajaj groups to Anil Ambani's Reliance Capital are among several companies aspiring to get into mainstream banking

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