The plants in Gujarat, Chhattisgarh and Madhya Pradesh will be the first solo nuclear power projects taken up by NTPC’s newly incorporated subsidiary NTPC Parmanu Urja Nigam Ltd
The plan will see the student capacity jump to 26,000 in the next 5 years from the current 18,700 and will also add new research blocks, hostels and faculty housing
The FMCG major has offered Rs 3,000 crore to Rs 5,000 crore to purchase the company, the report said
The company is expected to spend around $1-1.5 billion per year over the next three years to fuel upstream expansion.
MC PRO Select's "Stock of the Day": Today, we spotlight Aditya Birla Capital (ABC), a financial powerhouse with a diversified portfolio. With a 35% YTD stock rise and a proposed merger with Aditya Birla Finance Ltd, ABC is set for substantial growth. Discover why this stock is a strong portfolio contender and the key trends driving its success. Keep watching Moneycontrol for more stock insights!
A consolidation play is underway in India's cement sector with leading player UltraTech making all efforts to counter Adani Group's attempts to ramp up scale and operational efficiencies.
Expect a reduction in individual personal income tax for July Budget 2024. Catch Nickey Mirchandani in conversation with A. Balasubramanian, CEO, Aditya Birla Sun Life Mutual Fund and Mahesh Patil, CIO, Aditya Birla Sun Life Mutual Fund
According to sources, the officials of DMI Finance held a meeting with the employees including the ones that received the pink slips from ZestMoney regarding the fire sale and said that most of them will retain their jobs in the startup
Ananya Birla, who is already building a sneaker brand, will also launch a "couple of fun consumer brands" as well.
As per June's shareholding records, the company's promoters hold 42.75 percent of the shares. FIIs own 12.29 percent, while DIIs account for 20.7 percent.
The earnings before interest, taxes, depreciation, and amortisation (EBITDA) for the quarter at Rs 6,109 crore declined 29.2 percent on-year from Rs 8,640 crore.
The four brands cover various segments ranging from mid-market to premium
Having started as a textile manufacturer, Grasim has forayed into varied businesses such as viscose, diversified chemicals, linen yarn and fabrics producer in India.
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In September 2019, Aditya Birla Capital had raised Rs 2,100 cr through preferential allotment to investors like Advent International, Premji Invest and promoter group entities.
The Adani Group firm paid Rs 1,000 crore to SBI Mutual Fund and Rs 500 crore to Aditya Birla Sun Life Mutual Fund on commercial papers that matured on Monday, as scheduled.
Aryaman Vikram Birla, director of Aditya Birla Management Corporation Private Limited and founder of ABNA, expects demand for premium casual dining restaurants to increase across India as consumers seek new dining experiences.
Aditya Birla Sun Life Multi Asset Allocation Fund aims to invest across equity, debt, gold and silver in a single fund. Financial planners say it’s best to practice asset allocation through separate schemes, but suggest a selective exposure to multi-asset if you the sort who invests directly.
TMRW has acquired a majority stake of 70-80 per cent in Bewakoof, which was founded in 2012 by Prabhkiran Singh.
The house of brands venture aims to become a $1 billion business and has already invested around Rs 290 crore on eight brands.
Founded in 2012 as one of the first D2C brands in India, Bewakoof clocked annual revenues of about Rs 250 crore.
The venture will reportedly involve AB Group setting up large-format exclusive jewellery retail stores, launching in-house jewellery brands across daily-wear and premium price points, and tie-up with mid-sized jewellers.
The financial services arm of the Aditya Birla Group has expressed intent to pick up 51 per cent stake of Reliance Capital in Reliance Nippon Life Insurance Company (RNLIC), sources said.
Once the conversion is finalised, the government is expected to own around 33 percent stake and become single largest shareholder in the cash-strapped telecom company