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Aditya Birla Group
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

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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

Business  /  Published 14.08.21

Voda Idea CEO offers assurance

Vodafone Idea CEO Ravinder Takkar has reached out to consumers reaffirming the telcos’ commitment to continue providing “superior services and best-in-class propositions”.  Tha...
By PTI in New Delhi

Business  /  Published 09.05.21

United to halt some flights

Aditya Birla Group chairman Kumar Mangalam Birla on Saturday said the pandemic has brought in focus not just the role of governments but also of societies, companies and individuals in creating better...
By Reuters, PTI in New York

Business  /  Published 01.04.21

UltraTech prepays loan

AV Birla group firm UltraTech Cement on Wednesday said it has prepaid its long-term loans of Rs 5,000 crore. In a regulatory filing to the stock exchanges, UltraTech Cement said the loan repayment ha...
By Our Special Correspondent in Mumbai

Business  /  Published 25.03.21

Grasim to raise funds

Grasim Industries, the AV Birla group company, on Wednesday said that it plans to raise funds by availing term loans or by issuing debt securities. In a regulatory filing, the company said that at it...
By Our Special Correspondent in Mumbai


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