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Aditya Birla Group
Business  /  Published 10.02.20

Grasim net down 9.4%

Aditya Birla Group firm Grasim Industries Ltd on Monday reported a 9.39 per cent decline in consolidated net profit at Rs 1,039.91 crore for the third quarter ended December 2019 compared with Rs 1,14...
By PTI in New Delhi

Business  /  Published 28.02.19

Airtel cash chase

The board of Bharti Airtel on Thursday approved a proposal to raise Rs 32,000cr through a mix of a rights issue and a bond offering as India’s No. 2 telecom player ups the ante in its fight against ...
By Our Special Correspondent in Mumbai

Business  /  Published 14.04.20

Novelis snaps up Aleris

Novelis, the wholly owned subsidiary of Hindalco Industries, has completed the acquisition of value added aluminium product manufacturer Aleris Corporation for $2.8 billion (Rs 21,200 crore), making i...
By Our Special Correspondent in Calcutta

Business  /  Published 05.05.19

Vodafone allots rights shares

The capital raising committee of Vodafone Idea Ltd has approved the basis of allotment of equity shares for its Rs 25,000-crore rights issue that closed last month. The new shares are expected to be l...
By TT Bureau in Mumbai

Opinion  /  Published 19.02.20

Vodafone: all parties must share blame

The 304 million subscribers of Vodafone Idea are watching a horror show unfold before their eyes. The dressing down that the Supreme Court gave the legacy telecom players for trying to wriggle out of ...
By The Editorial Board

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Business  /  Published 17.03.19

Kesoram gets a rating rap

Care Ratings has revised downwards the bank loan facilities of Kesoram Industries Ltd because of “significantly higher than envisaged losses” in the first nine months of this fiscal that led to ...
By Sambit Saha in Calcutta

Business  /  Published 21.07.19

Payments bank crisis

The challenges faced by payments banks have once again come to the fore with a leading business conglomerate winding up its business.Nearly 17 months after it began operations, Aditya Birla Idea Payme...
By Vivek Nair in Mumbai

Business  /  Published 20.03.19

Vodafone rights at big discount

The board of Vodafone Idea on Wednesday approved a Rs 25,000-crore rights issue at a sharp discount to the current market price, in an attempt to lure its minority shareholders.India’s largest telec...
By Our Special Correspondent in Mumbai

Business  /  Published 05.02.20

Voda seeks 10 years to pay up

British telecom major Vodafone on Wednesday said it had sought the waiver of interest and penalty from statutory dues demand raised by the government from Vodafone Idea, and a time of 10 years to pay ...
By Our Special Correspondent in Mumbai

Business  /  Published 16.03.19

Grasim faces tax demand

AV Birla group company Grasim Industries on Saturday said it has received a Rs 5,872.13-crore tax demand from the income tax department relating to its merger with Aditya Birla Nuvo and Aditya Birla F...
By Our Special Correspondent in Mumbai


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