News for 'Aditya Birla'

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.

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.

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.

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.

'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.'

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.

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.

Birla Nuvo plans Mexican foray

Birla Nuvo plans Mexican foray

Rediff.com1 Aug 2006

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.

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 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.

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.

Birla, Dhoot join banking bandwagon

Birla, Dhoot join banking bandwagon

Rediff.com26 Jun 2013

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

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.

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.

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.

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.

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.

Birla may take pvt placement route

Birla may take pvt placement route

Rediff.com11 Apr 2006

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.

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

'Dhurandhar Has Changed The Landscape Of Cinema'

'Dhurandhar Has Changed The Landscape Of Cinema'

Rediff.com27 Jan 2026

'Established filmmakers want to go with the sequels of earlier hit films like Housefull 5 or Mastiii 4. They don't want to come up with fresh ideas. This is pure laziness.'

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.

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.

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.

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).

Globalisation is making way for 'slowbalisation': Birla

Globalisation is making way for 'slowbalisation': Birla

Rediff.com15 Jan 2020

'While the march of globalisation is perhaps inevitable, what is certain is that the world is no longer flat as, the emerging pattern of trade is more regional. 'This new trend of 'slowbalisation' raises some questions that challenge conventional wisdom on how businesses should distribute their capacities,' Birla said.

Kumar Birla is 'Businessman of the Year'

Kumar Birla is 'Businessman of the Year'

Rediff.com22 Dec 2003

Business India has selected Aditya Birla Group chairman Kumar Mangalam Birla as the 'Businessman of the Year'

Birla group to buy Apollo's broking arm

Birla group to buy Apollo's broking arm

Rediff.com2 Jul 2008

The Aditya Birla group is close to buying the Reddy family's 66.32 per cent stake in Apollo Sindhoori Capital Investments (ASCIL), marking a re-entry of the group into the broking business.

Birlas to pick up 49% in Intas Bio

Birlas to pick up 49% in Intas Bio

Rediff.com15 Sep 2006

What is the Birla group's BPO arm called?

What is the Birla group's BPO arm called?

Rediff.com23 Feb 2004

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