Basant Kumar Birla, chairman of the Rs 8,000-crore (Rs 80 billion)BK Birla group, has altered his succession plan and at the hub of the change is the Rs 2,500-crore (Rs 25 billion)diversified......
Ace investor Rakesh Jhunjhunwala's wife Rekha has acquired 60 lakh (6 million) shares in Kesoram Industries taking her shareholding in the B K Birla-promoted company to around seven per cent. The......
After cement, billionaire Gautam Adani's group and Kumar Mangalam Birla's Aditya Birla Group are set for a face-off in the wires and cable business with both conglomerates announcing forays into......
Ultratech Cement’s acquisition of a 23 per cent stake in Tamil Nadu-based India Cements is another instance of growing consolidation in the cement market in India. Photograph: Jayanta......
UltraTech Cement's announcement that it would snap up a controlling stake in India Cements may only be a sign of more to come. Photograph: Amit Dave/Reuters In the wake of one of the......