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3 mins read
Ultratech acquires majority stake in India Cements: What are the implications, all you need to know
The deal is worth around 3,954 crore, with UltraTech Cement buying a 32.72% stake in India Cements …
5 mins read
Cementing dominance: Birla vs Adani, of Chaebols, conglomerates, and National Champions
Ultratech and Adani aggressively acquire smaller cement companies. Does this consolidation resemble…
2 mins read
India Cement employees to lose jobs after UltraTech acquisition? Chairman Srinivasan answers
India Cements chairman N Srinivasan assured employees that there is no reason for employees to be c…
2 mins read
Closing Call : Banking sector in action, Axis, HDFC, ICICI biggest gainers during the day
Out of the 2,771 stocks traded on NSE during the day, 1,112 saw advances and 1,574 stocks declined.…
2 mins read
Morning market overview: Stocks that could swing in action
Sensex and Nifty fell during morning trade today. Bharti Airtel acquired stake in Indus Towers, wh…
3 mins read
Christian Louboutin Announces a Joint Venture Partnership in India with Aditya Birla Fashion and Retail Limited
Aditya Birla Fashion and Retail Limited (ABFRL), India's leading fashion company, today announced a…
ANI
2 mins read
UltraTech to take over Kesoram's cement business in an all-share deal
UltraTech Cement is set to acquire the cement business of BK Birla Group's flagship company Kesoram…
PTI
2 mins read
Aryaman Birla adds premium restaurants like Hakkasan, Yauatcha to group’s hospitality portfolio
Aditya Birla New Age Hospitality (ABNAH) founded by Aryaman Vikram Birla, said that it acquired 100…
3 mins read
Birla is reportedly ready to give Vodafone Idea to the Indian government
Post the merger of Vodafone and Idea, Birla owns a 27% stake in the telco, while Vodafone Plc., …
1 min read
Bajaj Finance to raise Rs 10,000 crore via QIP and warrant issue
Bajaj Finance announced on Thursday that it will raise up to Rs 10,000 crore by issuing shares to q…
4 mins read
Aditya Birla Fashion, TCNS Clothing’s shares tank on merger news; analysts say merger was not necessary
After Aditya Birla Fashion and Retail (ABFRL) announced a merger with TCNS Clothing over the weeken…
9 mins read
The enormous gap between Vodafone Idea on one hand, Airtel and Jio on the other
Vodafone Idea’s situation continues to worsen, in terms of market share, revenue as well as the val…
What if Vodafone Idea dies and can it be saved?
Kumar Mangalam Birla, is ready to give up his 27% stake to the government. On the other hand, its B…
3 mins read
TCNS to merge with Aditya Birla Fashion and Retail Limited (ABFRL)
TCNS Clothing (TCNS), India's leading women's ethnic-focused fashion player, today announced that i…
ANI
2 mins read
Vodafone Idea shareholder complains Kumar Mangalam Birla did not disclose offer to sell his stake
The matter came to light on August 2 when it was reported by the media. The stock exchanges had …
2 mins read
Sabyasachi sells 51% stake to Aditya Birla Fashion
New Delhi, Jan 27 (IANSlife) One of the most influential labels, if not the reigning brand in India…
4 mins read
Sensex, Nifty50 edge lower amid volatility: All Adani group stocks in the red
India’s benchmark indices Sensex and Nifty50 edged lower in mid-market trade on Tuesday. Almost all…
3 mins read
Bitcoin mining generates 30.7 kilotons e-waste annually – enough to cover Luxembourg’s e-waste five times
Bitcoin is estimated to annually generate e-waste equivalent to over five times that of Luxembourg’…
2 mins read
Japanese investment bank Daiwa to buy minority stake in Ashok Wadhwa’s Ambit
With the stake sale, Ambit will gain access to Daiwa’s global network, which is one of the large…
3 mins read
Flipkart beats Amazon to buy a 7.8% stake in Aditya Birla Fashion and Retail
The shares of ABRL jumped by almost 5% with the news of the fundraise. The group has raised ₹2,5…