Aditya Birla Group

KM Birla said that Aditya Birla Group's consumer businesses witnessed a “very good Diwali,” particularly in paints and jewellery, amid the government’s GST cuts and improved demand during the festive period.

Aditya Birla Group partners with Galeries Lafayette to tap India’s booming luxury market

ABFRL, which already houses global brands such as Ralph Lauren, Hackett, Ted Baker, Fred Perry, Forever 21, American Eagle and Reebok, plans to deepen its play in the premium and luxury segment through its partnership with Galeries Lafayette

AB Capital appoints Vishakha Mulye as the MD and CEO for five years

Vishakha has been credited for envisioning the ‘One ABC, One P&L’ strategy which has been central to Aditya Birla Capital’s transformative journey.

RIL, Adani, Tata, others look to partner NPCIL in nuclear energy push to lower emissions

The government has called bids for setting up Bharat Small Reactors to decarbonise high-emission industries such as steel and aluminium. It expects at least Rs 35,000 crore in investments from the private sector

Current paints slowdown part of a cycle, slow sales more pronounced in cities: Birla Opus

Grasim Industries-owned Birla Opus paints' CEO Rakshit Hargave said that the business aims to finish FY25 with a high single-digit market share in the decorative paints business, while its first year in the business has turned out "more or less" on how it was envisaged

Hindalco shares in focus as KM Birla announces Rs 45,000 crore expansion for copper, aluminum segments

The Aditya Birla Group is committing Rs 45,000 crore across the aluminium, copper and specialty alumina businesses for Hindalco Industries.

UltraTech’s Rs 1,800 crore cable & wires foray may rewire sector, squeeze rivals' margins

In case UltraTech chooses to be aggressive with pricing in the C&W foray, in order to corner greater market share, the move will negative impact the margins for the business, hurting the existing players.

UltraTech Cement in advanced talks to acquire HeidelbergCement India

German cement maker Heidelberg owns a 69.39 percent stake in the company, which is listed on the Indian stock exchanges  

Hindalco board approves induction of Ananya, Aryaman Vikram Birla as directors

In 2023, the Birla scions joined the boards of the group’s flagship companies Grasim Industries and Aditya Birla Fashion and Retail

UltraTech's 23% stake in India Cements seen as promising market investment: CFO Atul Daga

UltraTech Cement's acquisition of a 23 percent stake in India Cements is a strategic non-controlling financial investment, expected to capitalize on market conditions, according to CFO Atul Daga.

UltraTech makes big move on India Cements. What next?

UltraTech’s plans to pick up a major stake in India Cements comes at a time when its biggest rival in the cement industry - the Adani group - has been rapidly increasing its size and scale with acquisitions

Aditya Birla Group to invest $50 million in manufacturing, R&D center in Texas

Aditya Birla Group's Vice President of Sales and Marketing Scott Bastion said the company will be making a USD 50-million investment outside of Houston in the city of Beaumont, Texas, where it will produce epoxy resins -- that are used in a variety of consumer and industrial products.

Suzlon Group gets 551 MW wind energy project from Aditya Birla Group

The order is to be executed across two sites in Rajasthan and Gujarat, Suzlon Group said in a statement.

Hindalco eyes $945 million gain from Novelis' US IPO; brokerages bullish, see 13% upside

Novelis is the world’s biggest maker of flat-rolled aluminium products, used in an array of goods, from cars to soda cans. Hindalco purchased Novelis in a multibillion-dollar deal in 2007.

Aditya Birla Group surpasses $100 billion in market capitalization, outperforms benchmark indices

Grasim has seen its market cap double to over USD 19 billion in the last 3 years on the back of incubating and scaling new high-growth engines, the statement said.

Vodafone Idea to raise Rs 2,075 cr via preferential allotment of shares to AB Group

Post the allotment of equity shares in the offer, the paid-up equity share capital of the telco stands increased from Rs 66,483.45 crore to Rs 67,878.88 crore.

Aditya Birla Capita launches omnichannel D2C platform ABCD

ABCD is built by teams of banks, fintech and other financial institutions, and it took a period of 12 months to ready the app, said chairman of the group KM Birla

KM Birla announces plans to foray into jewellery retail with initial capital of Rs 5,000 cr

This will be in addition to the paints vertical Birla Opus paints the group has already launched

Aditya Birla prepares fintech power move with super app launch

Housed under the newly-formed subsidiary Aditya Birla Capital Digital, the new super app ABCD will be thrown open to the public on April 16.

Vodafone Idea gets board approval to raise Rs 2,075 cr from Aditya Birla Group

The telecom company's board approved the sale of up to 139.5 crore shares to Oriana Investments Pte. Ltd at a price of Rs 14.87 per share

UltraTech Cement to invest Rs 32,400 cr towards capex in next 3 years; commissions 2 new plants

Over the past two decades, UltraTech has grown 11 times, far outpacing the industry growth of 4 times, the company said

Grasim raises Rs 1,250-crore funding from International Finance Corporation

The sustainability-linked funding will support the company’s investment into the paints business, Grasim said

Voda Idea's Rs 20k-cr equity fundraise likely to be a mix of FPO and preferential allotment to promoter

Aditya Birla Group’s promoter entity may infuse funds through preferential allotment of shares

India's economy to reach $10 trillion by 2034, says KM Birla at Birla Opus launch

KM Birla noted that India's economy is expected to reach $10 trillion by 2034, with the paints sector set to surpass the Rs 3,00,000 crore mark by that time. Birla Opus is uniquely positioned to capitalise on this dynamic landscape.

Aditya Birla Group added Rs 1.91 lakh crore in market cap in last year

The Aditya Birla Group, with seven listed firms in its fold, added around Rs 1.91 lakh crore in market capitalisation in the last year