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  • Gujarat, Chhattisgarh and MP promise land to NTPC to set up nuclear power plants

    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

  • Campus upgradation, new AI centre: Kumar Mangalam Birla announces Rs 2,200-crore BITS Pilani expansion plans

    Campus upgradation, new AI centre: Kumar Mangalam Birla announces Rs 2,200-crore BITS Pilani expansion plans

    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

  • ITC takes lead in race to acquire Aditya Birla group's Century Pulp and Paper: Report

    ITC takes lead in race to acquire Aditya Birla group's Century Pulp and Paper: Report

    The FMCG major has offered Rs 3,000 crore to Rs 5,000 crore to purchase the company, the report said

  • Hindalco Q2 Results: Net profit rises 78%, co plans capex of $4-5 billion for upstream expansion

    Hindalco Q2 Results: Net profit rises 78%, co plans capex of $4-5 billion for upstream expansion

    The company is expected to spend around $1-1.5 billion per year over the next three years to fuel upstream expansion.

  • Stock Of The Day: Aditya Birla Capital’s strong growth & merger potential

    Stock Of The Day: Aditya Birla Capital’s strong growth & merger potential

    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!

  • Ultratech acquires additional 25 percent in UAE-based RAK Cement, turns it into subsidiary

    Ultratech acquires additional 25 percent in UAE-based RAK Cement, turns it into subsidiary

    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 Personal Income Tax cuts in July 2024 budget says top management at Aditya Birla Sun Life

    Expect Personal Income Tax cuts in July 2024 budget says top management at Aditya Birla Sun Life

    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

  • DMI Finance likely to close acquisition of BNPL firm ZestMoney in next two weeks

    DMI Finance likely to close acquisition of BNPL firm ZestMoney in next two weeks

    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

  • Creator Economy Summit | Ananya Birla on music, business and being Birla

    Creator Economy Summit | Ananya Birla on music, business and being Birla

    Ananya Birla, who is already building a sneaker brand, will also launch a "couple of fun consumer brands" as well.

  • Grasim Industries board to review proposal to raise funds today

    Grasim Industries board to review proposal to raise funds today

    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.

  • Hindalco Q1 Earnings: Net profit slumps 40% on 'unfavourable' macros, lower volumes

    Hindalco Q1 Earnings: Net profit slumps 40% on 'unfavourable' macros, lower volumes

    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.

  • Aditya Birla's hospitality arm adds four brands to its portfolio

    Aditya Birla's hospitality arm adds four brands to its portfolio

    The four brands cover various segments ranging from mid-market to premium

  • Grasim Industries' board approves debt plans, shares fall

    Grasim Industries' board approves debt plans, shares fall

    Having started as a textile manufacturer, Grasim has forayed into varied businesses such as viscose, diversified chemicals, linen yarn and fabrics producer in India.

  • Moneycontrol Selects: Top stories this evening

    Moneycontrol Selects: Top stories this evening

    Our specially curated package of the most interesting articles to help you stay at the top of your game.

  • Aditya Birla Capital taps Jefferies, I-Sec, BofA Securities & Axis Capital for CY23 QIP

    Aditya Birla Capital taps Jefferies, I-Sec, BofA Securities & Axis Capital for CY23 QIP

    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.

  • Adani firm repays Rs 1,500 crore to SBI Mutual Fund, Aditya Birla Sun Life

    Adani firm repays Rs 1,500 crore to SBI Mutual Fund, Aditya Birla Sun Life

    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.

  • Aditya Birla Group forays into premium casual dining segment

    Aditya Birla Group forays into premium casual dining segment

    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 MF’s multi-asset fund offers diversification in a single fund: Should you invest?

    Aditya Birla MF’s multi-asset fund offers diversification in a single fund: Should you invest?

    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.

  • Aditya Birla's TMRW acquires majority stake in D2C brand bewakoof, invests Rs 200 crore

    Aditya Birla's TMRW acquires majority stake in D2C brand bewakoof, invests Rs 200 crore

    TMRW has acquired a majority stake of 70-80 per cent in Bewakoof, which was founded in 2012 by Prabhkiran Singh.

  • Aditya Birla Group’s TMRW to invest Rs 500-600 crore in 10-12 D2C brands by year end

    Aditya Birla Group’s TMRW to invest Rs 500-600 crore in 10-12 D2C brands by year end

    The house of brands venture aims to become a $1 billion business and has already invested around Rs 290 crore on eight brands.

  • Aditya Birla Fashion may swoop on Bewakoof for D2C foray

    Aditya Birla Fashion may swoop on Bewakoof for D2C foray

    Founded in 2012 as one of the first D2C brands in India, Bewakoof clocked annual revenues of about Rs 250 crore.

  • Aditya Birla Group to launch business venture for branded jewellery: Reports

    Aditya Birla Group to launch business venture for branded jewellery: Reports

    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.

  • Aditya Birla Capital enters fray to pick up stake in Reliance Nippon Life

    Aditya Birla Capital enters fray to pick up stake in Reliance Nippon Life

    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.

  • Conversion of Vodafone Idea's AGR-related dues into equity gets finance ministry nod: Report

    Conversion of Vodafone Idea's AGR-related dues into equity gets finance ministry nod: Report

    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

  • Why Every Mutual Fund Investor Needs A PRO Portfolio ?

    Why Every Mutual Fund Investor Needs A PRO Portfolio ?

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