Aditya Birla Group: News

Vodafone Idea secures ₹14,000 crore loan from SBI-led consortium

A consortium of lenders, spearheaded by the State Bank of India, has given a preliminary nod for a ₹14,000 crore loan to Vodafone Idea (Vi).

Aditya Birla Group's market cap crosses $100 billion milestone

The combined market capitalization of the companies under the Aditya Birla Group has successfully exceeded the $100 billion mark.

21 May 2024

Vodafone Idea

Vodafone Idea to raise ₹2,075 crore from Aditya Birla Group

Vodafone Idea has unveiled plans to secure a funding of up to ₹2,075 crore from Oriana Investments, a subsidiary of the Aditya Birla Group.

07 May 2024

Kumar Mangalam Birla

Ananya Birla quits music; will focus on business instead 

Ananya Birla, the renowned artist and entrepreneur, announced her exit from the music industry to focus more on her business ventures.

15 Apr 2024

NBFC

Aditya Birla Capital set to launch comprehensive fintech super app

Aditya Birla Capital Ltd., a leading non-banking financial company (NBFC) in India, is preparing to launch an all-encompassing fintech super app named 'ABCD.'

12 Apr 2024

Vodafone Idea

Vodafone Idea's ₹18,000 crore FPO starts April 18

Vodafone Idea has officially announced the launch of a follow-on public offering (FPO) of its equity shares, valued at ₹18,000 crore.

07 Apr 2024

Vodafone Idea

VI gets approval to raise ₹2,075cr from Aditya Birla Group

Vodafone Idea has announced its plans to secure a substantial investment of ₹2,075 crore from its promoter, the Aditya Birla Group.

13 Feb 2024

Business

Hindalco's Q3 profit skyrockets 71% to Rs. 2,331 crore

Hindalco Industries, Aditya Birla Group's flagship company, has reported a 71% YoY increase in consolidated net profit, reaching Rs. 2,331 crore for December quarter.

10 Nov 2023

Business

Hindalco's Q2 consolidated net profit flat at Rs. 2,196 crore

Aditya Birla Group-owned Hindalco announced a consolidated net profit of Rs. 2,196 crore in Q2 FY24.

02 Nov 2023

Business

Grasim appoints SBI, Axis advisors for Rs. 4,000cr rights issue

Grasim Industries has enlisted the help of Axis Capital, Jefferies, Kotak Mahindra Capital, and SBI Capital as advisors for its upcoming rights issue, which aims to raise up to Rs. 4,000 crore.

11 Jan 2022

Kumar Mangalam Birla

Government becomes largest shareholder in Vodafone Idea under new plan

Vodafone Idea (Vi) Ltd. has decided to convert its Adjusted Gross Revenue (AGR) dues into government equity.

18 Aug 2021

Entertainment

Applause Entertainment signs exclusive deal with Amar Chitra Katha

Aditya Birla Group-owned content studio Applause Entertainment is tying up with Amar Chitra Katha to mark its presence in the animation world.

02 Aug 2021

Kumar Mangalam Birla

KM Birla offers to hand over VIL stake to government

The Chairman of Aditya Birla Group Kumar Mangalam Birla has offered to hand over his stake in debt-laden Vodafone Idea Ltd. (VIL) to the government or any other entity that the government may consider worthy to keep the company operational.

26 Oct 2020

Kumar Mangalam Birla

Threw us out: Ananya Birla calls out US restaurant

Ananya Birla, the daughter of Aditya Birla Group's chairman Kumar Mangalam Birla, has accused a top US restaurant of being racist.

31 Dec 2019

Law School

#CareerBytes: Scholarships for law students in India

Law is a highly coveted career option among youngsters in India, given the lucrative opportunities it offers.

03 Nov 2019

India

#CareerBytes: Five famous Chartered Accountants in India to know about

In India, Chartered Accountancy (CA) is one of the most sought-after and toughest professional courses.

29 Jun 2019

Mukesh Ambani

See inside pics of Isha Ambani-Anand Piramal's house, Gulita

When business giant Mukesh Ambani's only daughter Isha got married to Anand Piramal, the Piramal Group scion, in her house, Antilia, the world's most expensive home, everyone saw the extravaganza.

05 May 2019

India

Famous Chartered Accountants in India to know about

Chartered Accountancy (CA) is one of the hardest and most in-demand professional courses in India.

IIM-Rohtak sees 100% placements; average package Rs. 11.85 lakh p.a.

According to a press release by IIM-Rohtak, the institute has clocked a 100% placement record this year, with the average package being Rs. 11.85 lakh per annum.

Kumar Mangalam Birla's son strikes superb ton in Ranji Trophy

More often than not, one sees children follow the footsteps of their parents in terms of profession especially when it comes to business.

05 Nov 2018

Amazon

IIM-Ahmedabad placements: BCG, Microsoft, Amazon top recruiters

Boston Consulting Group (BCG) has emerged as the top recruiter, followed by Amazon and Microsoft in premier B-school IIM-Ahmedabad's summer placement for the PGP class of 2020.

23 Aug 2018

India

In web-series on Uri, Amit Sadh to play important role

Amit Sadh will be seen playing the role of an Army officer in a web series inspired by the Uri attacks.

18 Aug 2018

Air India

Unpaid Air India pilots threaten to stop flight operations

A section of Air India pilots have threatened to stop flight operations if the airline fails to clear their overdue flight allowances immediately.

26 Jul 2018

Kumar Mangalam Birla

Birla-owned Hindalco's subsidiary to acquire Aleris for $2.6bn

Novelis, a subsidiary of Aditya Birla Group-owned Hindalco Industries limited, has agreed to buy US aluminium producer Aleris Corporation, thereby keeping Kumar Mangalam Birla's aggressive overseas expansion operations on track.

24 Jun 2018

India

#FinancialBytes: 5 top financial planning apps every millennial should use

Millennials are making more money than their previous generations, but when it comes to financial planning, they lag behind.

24 May 2018

Ronit Roy

Sudhir Mishra to direct Indian version of 'Hostages' as webseries

The Indian adaptation of popular Israeli crime thriller "Hostages", to be telecast as a webseries, will be directed by Sudhir Mishra.

16 Apr 2018

Bharti Airtel

5,000 employees to lose jobs as Vodafone-Idea move towards merger

As the Idea and Vodafone merger draws to a close (sources say it is likely to be done by May), the companies will be seeing many changes in the next couple of months.

05 Apr 2018

Bharti Airtel

Jio Payments Bank launched: Here's everything you should know

Jio Payments Bank, a 70:30 joint venture between Mukesh Ambani-led Reliance Industries Ltd. and State Bank of India, started its operations on Tuesday.

25 Sep 2017

Amazon

Amazon buys 5% equity in Shoppers Stop for Rs. 179.25cr

Departmental store chain Shoppers Stop Ltd, in a board meeting, has okayed the proposal to sell 5% equity to Amazon's investment arm for Rs. 179.25 crore.

05 Apr 2017

Bharti Airtel

Jio's free services may not end anytime soon

It is evident that Reliance Jio is bearing a loss in revenue to give free service to its users.

Upsurge among Indians to get Green cards

Three Indians per week are forking out half-a-million dollars for an American Green card.

16 Feb 2017

India

25K telecom jobs at risk in the next eighteen months

While telecom giants negotiate merger deals with each other, as many as 25,000 telecom professionals stand to lose their jobs in such acquisitions.

No probe against PM Modi for graft

The Supreme Court has refused to initiate a probe into graft allegations against PM Modi.

22 Oct 2016

Reliance Industries

Kumar Birla appointed as IIM-A Chairman

The HRD Ministry has appointed Aditya Birla Group Chairman, Kumar Mangalam Birla, as the new Chairman of the Board of Governors of the Indian Institute of Management, Ahmedabad.

13 Sep 2016

KFC

Domino's vegetarian makeover for Navratri

With the auspicious nine-day Navratri festival round the corner, half of Domino Pizza's outlets will turn vegetarian to appeal to customers who avoid non-vegetarian food during this festive season.

02 Aug 2016

India

RBI issues new guidelines for on-tap bank licenses

The Reserve Bank of India (RBI) came up with new guidelines for on-tap bank licensing paving way for those who are interested in seeking licenses whenever required.