News for 'Aditya Birla'

Mutual fund SIP inflows surge to Rs 3.34 lakh cr in 2025; contributions peaked in Dec

Mutual fund SIP inflows surge to Rs 3.34 lakh cr in 2025; contributions peaked in Dec

Rediff.com14 Jan 2026

Mutual fund investment through systematic investment plans (SIPs) has surged to an all-time high of Rs 3.34 lakh crore in 2025, driven by growing investor appetite for disciplined, long-term wealth creation.

BofA In SEBI Probe Over Confidential Deal Data Leak

BofA In SEBI Probe Over Confidential Deal Data Leak

Rediff.com8 Jan 2026

India's market regulator has found that Bank of America shared confidential details ahead of a 2024 block trade and later misled regulators during the investigation.

India Inc hits bond mkt to raise over Rs 17,500 cr

India Inc hits bond mkt to raise over Rs 17,500 cr

Rediff.com15 Oct 2025

Indian corporates collectively raised over Rs 17,500 crore from the domestic debt capital market through bond issuances on Tuesday. The issuances were led by Bharti Telecom's Rs 10,500 crore fundraise in two tranches, the largest by an Indian company in the domestic market so far in FY26.

Chef Ranveer's Secret Ingredient Is...

Chef Ranveer's Secret Ingredient Is...

Rediff.com11 Oct 2025

Chef Ranveer Brar walked as showstopper for Tarun Tahiliani's Tasva collection at the FDCI x Lakme Fashion Week 2025 in Delhi.

Leakage Or Seepage? Know Your Rights

Leakage Or Seepage? Know Your Rights

Rediff.com23 Mar 2026

Buyers should understand the distinction between the losses the policy covers, those that need add-ons, and those it excludes.

How Will Equity Market Fare In 2026?

How Will Equity Market Fare In 2026?

Rediff.com12 Jan 2026

Global risks include a potential delay in the US-India trade agreement, the possibility of a sharp correction in US equity markets, and renewed geopolitical tensions.

Mahindra sells entire stake in RBL Bank for Rs 678 cr

Mahindra sells entire stake in RBL Bank for Rs 678 cr

Rediff.com6 Nov 2025

Mahindra & Mahindra (M&M) on Thursday said it has sold 3.53 per cent stake in RBL Bank for Rs 678 crore, representing a 62.5 per cent gain on the investment. On July 26, 2023, the Mumbai-based diversified firm had announced the acquisition of a 3.53 per cent stake in RBL Bank as a treasury investment at a cost of Rs 417 crore.

Budget 2026 backs jobs, tech and capital markets

Budget 2026 backs jobs, tech and capital markets

Rediff.com4 Feb 2026

The Budget emerges as a measured, credible and forward-looking policy document that reinforces India's commitment to remaining a stable, reform-oriented economy amid an increasingly fragmented global landscape, says A Balasubramanian.

Equity MF Inflows Dip As Redemptions Spike

Equity MF Inflows Dip As Redemptions Spike

Rediff.com10 Jan 2026

2025 marked a shift in investor preference when it comes to MF schemes.

Kushagra gets Birla booster

Kushagra gets Birla booster

Rediff.com14 Mar 2007

The Aditya Birla group has set aside 6.5 per cent stake in Bachhraj & Co, the company that controls 24.54 per cent of Bajaj Hindusthan, for Kushagra Bajaj's wife, Vasavadatta, sources close to the development said.

Kumar Birla tightening grip over B K Birla companies

Kumar Birla tightening grip over B K Birla companies

Rediff.com30 Jun 2014

The company had appointed a three-member committee of directors to implement the changes.

Private Banks Face CEO Talent Crunch

Private Banks Face CEO Talent Crunch

Rediff.com30 Mar 2026

What is the reason behind this drying up of talent for the top post in private banks?

ICICI Pru AMC sets price band for IPO, seeks Rs 1.07 trillion valuation

ICICI Pru AMC sets price band for IPO, seeks Rs 1.07 trillion valuation

Rediff.com9 Dec 2025

ICICI Prudential Asset Management Company has set a price band of Rs 2,061- Rs 2,165 per share for its Rs 10,600-crore initial public offering (IPO) that will open on Friday. At the upper end of the band, the country's largest asset manager will command a valuation of Rs 1.07 trillion.

Rate Cut effect: PFC, Sidbi plan to raise Rs 11,000 crore from bond market

Rate Cut effect: PFC, Sidbi plan to raise Rs 11,000 crore from bond market

Rediff.com8 Dec 2025

Activity in the corporate bond market is set to gain momentum following a 25-bp policy repo rate cut by the rate-setting panel of the Reserve Bank of India (RBI). State-owned public cebPower Finance Corporation (PFC) and Small Industries Development Bank of India (Sidbi) are planning to raise up to Rs 11,500 crore through bonds on Tuesday as issuers expect borrowing costs to ease.

STT hike in F&O to deter speculative trading: FM

STT hike in F&O to deter speculative trading: FM

Rediff.com1 Feb 2026

Finance Minister Nirmala Sitharaman on Sunday announced an increase in the Securities Transaction Tax (STT) on Futures and Options trade with a view to discouraging small investors from speculative trading in derivatives, which led to a sharp decline in the stock market.

Birla Nuvo plans Mexican foray

Birla Nuvo plans Mexican foray

Rediff.com1 Aug 2006

'Next Samvat Could See Equities Align With Economic Growth'

'Next Samvat Could See Equities Align With Economic Growth'

Rediff.com16 Oct 2025

'The outlook for the next Samvat is more constructive, as many of the earlier drags are gradually becoming supports.'

Ananya Birla slams US restaurant for being 'racist'

Ananya Birla slams US restaurant for being 'racist'

Rediff.com26 Oct 2020

"This restaurant @ScopaRestaurant literally threw my family and I, out of their premises. So racist. So sad. You really need to treat your customers right. Very racist. This is not okay," she said in a tweet.

Birlas take control of MF venture with Sun Life

Birlas take control of MF venture with Sun Life

Rediff.com7 Nov 2012

The Aditya Birla group, led by Kumar Mangalam Birla, has taken charge of its mutual fund joint venture with Sun Life Financial of Canada by buying 1 per cent stake from the latter.

Birla to tap farmers for retail stores

Birla to tap farmers for retail stores

Rediff.com13 Jun 2007

The Aditya Birla Group, which rolled out its retail chain More recently, is studying the possibilities of creating linkages between its corporate social responsibility projects in the farm sector with the retail business of sourcing farm produce.

Birla tower unit may steer Spice buy

Birla tower unit may steer Spice buy

Rediff.com13 Jun 2008

Telecom to Telekom Malaysia in an attempt to complete the merger, sources involved in the negotiations said, declining to be identified. The group has hired Enam Financial as adviser to the transaction. Investment banking sources said the lawyers from both the parties are now busy structuring the deal so that the acquisition meets all the regulatory norms of the country and the Birlas retain control over Idea Cellular.

Birla, Dhoot join banking bandwagon

Birla, Dhoot join banking bandwagon

Rediff.com26 Jun 2013

Aditya Birla Nuvo gets board's nod, Videocon submits application.

Hindalco net profit rises 21% to Rs 4,741 crore

Hindalco net profit rises 21% to Rs 4,741 crore

Rediff.com8 Nov 2025

Aditya Birla Group's Hindalco Industries on Friday reported a 21.3 per cent year on year rise in its consolidated net profit to Rs 4,741 crore in the second quarter of 2025-26 (Q2FY26), driven by its Indian business and its US-based subsidiary, Novelis.

Birlas sue Express, claim Rs 1,000 cr in damages

Birlas sue Express, claim Rs 1,000 cr in damages

Rediff.com7 Feb 2015

The Aditya Birla group has taken The Indian Express Ltd, publishers of the Indian Express newspaper, to court.

A Budget that balances prudence with growth: Birla

A Budget that balances prudence with growth: Birla

Rediff.com2 Feb 2025

Budget 2025-26 delivers a carefully calibrated strategy-stimulating demand and investment while keeping fiscal discipline intact. In an environment marked by global trade disruptions, and a softening in urban consumption, Finance Minister Nirmala Sitharaman has taken a measured approach.

Top level exodus at Birla Global

Top level exodus at Birla Global

Rediff.com2 Aug 2007

The Aditya Birla group's financial services firm, Birla Global, has seen some top level resignations.

Birla may take pvt placement route

Birla may take pvt placement route

Rediff.com11 Apr 2006

Insurance: Lack of legacy distribution network a challenge for foreign cos

Insurance: Lack of legacy distribution network a challenge for foreign cos

Rediff.com22 Dec 2025

The Union Cabinet's decision to raise the foreign direct investment (FDI) limit in the insurance sector to 100 per cent is unlikely to significantly boost foreign investment as distribution remains a critical factor, requiring overseas players to partner with Indian businesses, experts said.

Birla to buy entire Tata stake in Idea

Birla to buy entire Tata stake in Idea

Rediff.com10 Apr 2006

The Aditya Birla group on Monday said it would acquire the entire 48.14 per cent stake of Tata group in Idea Cellular for a consideration of Rs 4,406 crore (Rs 44.06 billion).

Birla set for biotech debut

Birla set for biotech debut

Rediff.com15 Jul 2005

Birla sees future in Biyani's fashion biz

Birla sees future in Biyani's fashion biz

Rediff.com1 May 2012

Aditya Birla Nuvo to buy controlling stake in Pantaloons Stores; Biyani gets Rs 1,600-cr boost; deal to create the country's largest fashion retailer.

Govt hikes Voda stake to 49%, promoters to retain control

Govt hikes Voda stake to 49%, promoters to retain control

Rediff.com31 Mar 2025

The government's stake in Vodafone Idea will more than double to 48.99 per cent as it is set to acquire shares worth Rs 36,950 crore in lieu of outstanding spectrum auction dues, the company said in a regulatory filing on Sunday.

Birla may take majority stake in Living Media

Birla may take majority stake in Living Media

Rediff.com31 Oct 2012

Talks in final stages, but both sides deny move.

Ranbir Kapoor Becomes A Dulha... Again!

Ranbir Kapoor Becomes A Dulha... Again!

Rediff.com14 Oct 2024

Making a grand entrance in a stylish car, Kapoor embraced the role of a groom, with models accompanying him as his groomsmen, perfectly capturing the essence of the theme.

2021 is the new 1991, believes Kumar Birla, predicts Capex Mahotsav

2021 is the new 1991, believes Kumar Birla, predicts Capex Mahotsav

Rediff.com27 Nov 2021

'The force of reforms. The force of investment. The force of formalisation. The force of digital and green technology. And the force of youth and entrepreneurship. I am convinced that these 5 forces will propel India's rise over the next several decades,' predicts Kumar Mangalam Birla, chairman, Aditya Birla group.

Bharti-Walmart doesn't scare us: Kumar Birla

"Bharti-Walmart doesn't scare us": Kumar Birla

Rediff.com28 May 2007

AV Birla Group chairman, Kumar Mangalam Birla and the chief executive officer of Aditya Birla Retail, Sumant Sinha bare the details, in this open-ended conversation, about their plans for Aditya Birla Retail.

DIIs Pump Record Rs 6 Trillion in 2025

DIIs Pump Record Rs 6 Trillion in 2025

Rediff.com16 Oct 2025

The strong domestic flow offset selling by foreign portfolio investors who pulled out $23.3 billion (Rs 2.03 trillion) from domestic equity markets in CY25.

CCI orders probe into Asian Paints over alleged abuse of dominance

CCI orders probe into Asian Paints over alleged abuse of dominance

Rediff.com2 Jul 2025

India's fair trade regulator Competition Commission of India (CCI) has launched a formal investigation against India's biggest paints firm, Asian Paints, for alleged abuse of its dominant position in the organised decorative paints market, following a complaint by Aditya Birla group's Grasim Industries' Birla Opus Paints division.

Birlas up stake in Idea Cellular

Birlas up stake in Idea Cellular

Rediff.com28 Sep 2005

Aditya Birla Group on Wednesday raised its stake in Idea Cellular to 50.15 per cent after it bought Cingular Wireless's stake for $150 million (about Rs 650 crore).