Aditya Birla Group
Opinion  /  Published 15.01.22

Patchy network

The threat of a duopoly in the telecom sector has been warded off for now. Earlier this week, Vodafone Idea grabbed the lifeline that the Narendra Modi government tossed to a floundering industry in S...
By The Editorial Board

Business  /  Published 13.01.22

Promoters to control Vodafone Idea Ltd

The Centre has no intention to run Vodafone Idea Ltd (VIL) or appoint a board member, managing director and CEO Ravinder Takkar said on Wednesday. VIL on Tuesday said it would exercise the option to ...
By Our Special Correspondent in Mumbai

Business  /  Published 15.12.21

AV Birla bags Reebok rights

The Aditya Birla group is taking over the operations of global sportswear brand Reebok in India under a licensing agreement with Authentic Brand Group (ABG). Aditya Birla Fashion and Retail Ltd (ABFR...
By Our Special Correspondent in Mumbai

Business  /  Published 27.11.21

Birla bets on capex binge

Kumar Mangalam Birla, chairman of Aditya Birla Group, has predicted an upsurge in capital expenditure spanning across the public and private sectors over the next decade. The country would benefit fr...
By Our Special Correspondent in Calcutta

Business  /  Published 19.10.21

UltraTech disappoints

UltraTech Cement Ltd on Monday reported a consolidated net profit of Rs 1,310.34 crore for the quarter ended in September 2021 against Rs 1,310.06 crore in the year-ago quarter, which fell short of an...
By Our Bureau in Mumbai


Business  /  Published 02.10.21

Tax blow for Grasim

Grasim Industries Ltd on Friday said the income tax department has raised a demand of Rs 8,334 crore on the company as capital gains tax with regard to the sale of shares in a group firm. The Aditya ...
By PTI in New Delhi

Business  /  Published 25.09.21

ABSL files for Rs 2768 cr IPO

Aditya Birla Sun Life AMC has fixed a price band of Rs 695-712 per share for its over Rs 2,768-crore initial public offering (IPO). The share sale will open for subscription on September 29 and end o...
By Our Special Correspondent in Mumbai

Business  /  Published 15.09.21

Four-year pause on AGR dues likely

The government is considering the possibility of a four-year moratorium on adjusted gross revenue (AGR) dues of telecom players and scrapping the spectrum usage charge (SUC) for radio waves acquired i...
By Our Special Correspondent in New Delhi

Business  /  Published 06.09.21

Telecom relief package in the works

The government plans to come out with a relief package for the telecom sector, burdened by huge dues in adjusted gross revenues that threaten to turn the industry into a duopoly even as a relief packa...
By R. Suryamurthy in New Delhi

Business  /  Published 03.09.21

FM meet raises Voda revival hope

The shares of cash-strapped Vodafone Idea surged over 17 per cent to close at Rs 7.14 on Thursday on news of the meeting of Aditya Birla Group (ABG) chairman Kumar Mangalam Birla and Vodafone global h...
By Our Special Correspondent in New Delhi


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