With projects worth Rs 1,28,000-cr, the group hopes to become one of the country's biggest industrial houses.
A football fan, Kamil Hamied is known to be a calm and quiet person who wants to do something for society, like his uncle Yusuf.
The company had a total debt of Rs 16,010 crore (Rs 160.1 billion).
Companies write off investments, shed assets as initial projections go haywire
Stake valued at $4 billion, against initial expectation of $4.5 billion
CEOs are not happy with scorecard so far but are ready to invest more as they think one year is too short a time to revive the economy
Virgin promoter to protest Adani's mining project in Australia, saying it will damage the Great Barrier Reef
The plan was activated in October last year.
It is unrealistic to expect that change will happen in one year: Birla
Last Saturday, USL board asked its Chairman Vijay Mallya to quit.
The agency did not seek a reappointment in FY12.
USL is already contesting a Karnataka High Court order.
Hindalco is currently one of the frontrunners in the coal auction
Hindalco has already bagged 4 mines in Jharkhand and Chhattisgarh
Clearly, he is in the right place, at the right time.
Analysts suggest making separate firms of tobacco, hotels and FMCG divisions
The tax dept has served notices on about 36 foreign investors.
Coal, land, insurance bills are cited as govt's commitment to reforms.
Face Rs 1,000-cr minimum alternate tax demand
Executives would analyse information and pass it to seniors.