Aditya Birla Retail is looking to increase its total number of supermarkets in the country to 500 by March, Sumant Sinha, CEO, Aditya Birla Retail said. "From the current 350 we will be scaling up our supermarkets to 500 by March 2008," he said, while announcing the re-branding of Fabmall grocery supermarkets to 'more'.
The acquisition of Trinethra Super Retail would put the Aditya Birla group ahead of competition, including Reliance, analysts tracking the development said.
Holding up pictures of Lord Shiva, Guru Nanak, and Jesus Christ, he referred to Hinduism, Islam, Sikhism, Christianity, Buddhism and Jainism to underline the importance of fearlessness. He also cited the attributes of Lord Shiva and teachings of Guru Nanak, Jesus Christ, Buddha, and Mahavir to state that all religions and great people of the country have said "daro mat, darao mat (do not be scared, do not scare others)".
Justice Sengupta 'released' the matter before the start of the hearing on Monday, citing 'compelling circumstances' without giving further details.\n\n
The Aditya Birla Group is back in acquisition mode, as group firm Aditya Birla Nuvo may bid for the carbon black division of Germany's Evonik Industries. The division, with annual sales of $1.3 billion and 1,700 employees across 12 countries, is the second largest in the world.
Spinner Shams Mulani (5/71) and Himanshu Singh (4/77) wreaked havoc by sharing nine wickets between them as defending champions Mumbai crushed Odisha.
The Birlas have filed a criminal case against Rajendra Lodha alleging that he was trying to convert some of the group's trust property in his own name for personal gain.
By his own admission, the last 30 months have been one of the toughest in Thomas Varghese's 29-year career. The 50-year-old chief executive of Aditya Birla Retail, however, quickly adds that they have been 'very interesting and challenging too'.
In Agartala, the Group A match between Mumbai and Tripura ended in a draw with the reigning champions earning three points by virtue of the first-innings lead.
The Indian cement industry is hopeful of greener pastures after a long period of stress led by pricing pressures and other factors. The second half of FY25 is expected to bring respite due to price hikes, cost benefits and higher volumes, said analysts. The optimistic momentum also makes cement stocks attractive, analysts added, advising to buy dips following a period of bearish sentiment in these stocks.
Finance Minister Nirmala Sitharaman will present the Union Budget on Tuesday as the Monsoon Session of Parliament gets underway next week with the united opposition set to corner the National Democratic Alliance government on issues ranging from the NEET paper leak case and railway safety.
A lookout notice has been issued against industrialist Yash Birla in connection with a cheating case registered against his firm Birla Power Solutions, police said.
In its petition, Rameshwara Jute Mills, an MP Birla group company, has prayed that the board of directors of the Birla Corporation and other M P Birla group companies should be superseded by independent people, as after the death of R S Lodha, there was no one to represent the company. Opposing it, the Lodha camp submitted before the board that the petition was not maintainable and that there was no need to appoint any chairman of the group.
A change is in the wings, though perhaps not right now, for Basant Kumar Birla's Kesoram Industries. Birla, who is 90 and the chairman, says his daughter, Manjushree Khaitan, will manage Kesoram, but under his grandson, Kumar Mangalam Birla.
Vodafone Idea board on Tuesday approved a fund-raise of up to Rs 20,000 crore through a combination of equity and equity-linked instruments, the crisis-ridden telco said, adding promoters will also participate in the proposed equity raise. Overall, Vodafone Idea plans to raise around Rs 45,000 crore through a mix of equity and debt, the company said. The company has been fighting a desperate battle for survival -- it has a debt of Rs 2.1 lakh crore and is reporting quarterly losses, amid massive subscriber churn.
The spat between the partners of telecom giant Idea turned murkier, with Birlas debunking the claims of Tatas that as a group they are not promoters and dubbing their termination notice as "illegal and malafide".
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.
Talks in final stages, but both sides deny move.
India's resource-hungry corporations are going aggressive to acquire natural resource assets overseas.
Congress leader Rahul Gandhi will have to resign within two weeks from one of the two seats he won in the just-held Lok Sabha elections, a constitutional expert said citing provisions in the law as well as the Constitution.
The government on Wednesday said big cement companies owned by Birlas and Ambuja group have shown interest in buying the non-functional plants of Cement Corporation of India.
President Droupadi Murmu hosted a dinner for the outgoing Union council of ministers at Rashtrapati Bhavan.
The event was also attended by Vice President Jagdeep Dhankhar and Lok Sabha Speaker Om Birla.
Lok Sabha Speaker Om Birla recognised Rahul Gandhi as the leader of opposition on Wednesday, a day after the Congress communicated its decision to name him for the position to the Lok Sabha Secretariat.
The estimated costs of these weddings start from Rs 100 crore and go up to Rs 700 crore.
'It is notable how humble he was and didn't want anything different just because he was a Tata.'
With six acquisitions in a little over a year, Birla has charted out a bold expansion path for his group.
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.
Before surrendering, Kejriwal paid homage to Mahatma Gandhi at the Raj Ghat, offered prayers at the Hanuman temple in Connaught Place and addressed Aam Aadmi Party leaders and workers at the party office.
'Expunging remarks is within the powers of the Speaker.' 'Nobody can question or challenge the Speaker's decision.'
Amid demands from the Opposition for a statement by Home Minister Amit Shah on the issue of Parliament security breach, Lok Sabha Speaker Om Birla Thursday asserted that as custodian of the Parliament complex, it was his responsibility to ensure security.
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 family patriarch Basant Kumar Birla on Tuesday said two of his companies, Century Textiles and Century Enka, would go to grandson, Kumarmangalam Birla
