News for 'Birlas'

Tribunal quashes Sebi ban on Yashovardhan Birla, 8 others

Tribunal quashes Sebi ban on Yashovardhan Birla, 8 others

Rediff.com30 Aug 2021

The Securities Appellate Tribunal has quashed a Sebi order that had barred Yashovardhan Birla and others from the securities market for two years for alleged mis-utilisation of IPO proceeds.

Daughter lights pyre, Manmohan Singh cremated with full state honours

Daughter lights pyre, Manmohan Singh cremated with full state honours

Rediff.com28 Dec 2024

The mortal remains of former prime minister Dr Manmohan Singh were consigned to flames at the Nigambodh Ghat in New Delhi on Saturday amid the chanting of religious hymns. The funeral pyre was lit by his eldest daughter Upinder Singh.

Ranji: Sindhu's 11-wkt haul powers Haryana to victory

Ranji: Sindhu's 11-wkt haul powers Haryana to victory

Rediff.com8 Nov 2024

Punjab, starting the penultimate day on 73/3 and needing 144 more runs, crumbled under pressure from Sindhu's relentless spin and Jayant Yadav's precise off-spin (3/35 in 10.4 overs), collapsing well before lunch and handing Haryana their second outright win in four matches.

The Zakir Bhai I Knew

The Zakir Bhai I Knew

Rediff.com20 Dec 2024

Ustad Zakir Hussain's story will be told in a thousand ways by each person who met him, loved him, spent time with him, got to know him and shared some precious time off stage with him, says Maanveer Singh.

Opposition forces repeated Parliament adjournments over NEET issue

Opposition forces repeated Parliament adjournments over NEET issue

Rediff.com29 Jun 2024

The opposition caused repeated disruptions in Parliament Friday over the NEET paper leak issue, with both Houses being adjourned for the day without transacting much business apart from the Rajya Sabha taking up the Motion of Thanks for the President's address amid protests including by the Biju Janata Dal, which almost always supported the BJP in the previous Lok Sabha.

Kumar Mangalam Birla steps down as chairman of Vodafone Idea

Kumar Mangalam Birla steps down as chairman of Vodafone Idea

Rediff.com4 Aug 2021

Amid an existential crisis facing the firm over Rs 50,000 crore unpaid dues towards the government, billionaire Kumar Mangalam Birla on Wednesday stepped down as the chairman of Vodafone Idea Ltd. Birla -- who had in June offered to give away his holding in the joint venture with Britain's Vodafone to the government -- will cease to be a director and non-executive chairman of the company at the end of business hours on Wednesday, VIL said in a filing to the stock exchanges. It did not give any reason for Birla's decision. He will be replaced by Himanshu Kapania (who was earlier managing director and CEO of Birla's Idea Cellular) as the new chairman of Vodafone Idea Ltd.

Beyond IIT-JEE: Important Engineering Entrance Exams

Beyond IIT-JEE: Important Engineering Entrance Exams

Rediff.com9 Jan 2025

Considering the competition, engineering aspirants should ideally consider taking a minimum of five to seven entrance exams to maximise their chances of success and broaden their options when it comes to college, says rediffGURU Nayagam PP.

Speaker chides Hooda for remarks after Tharoor says 'Jai Samvidhan'

Speaker chides Hooda for remarks after Tharoor says 'Jai Samvidhan'

Rediff.com27 Jun 2024

Lok Sabha Speaker Om Birla chided Congress member Deepender Hooda over certain remarks as Shashi Tharoor chanted 'Jai Hind, Jai Samvidhan' after taking oath as member of the House.

Deeply hurt by Oppn's Constitution Day boycott, says LS speaker Birla

Deeply hurt by Oppn's Constitution Day boycott, says LS speaker Birla

Rediff.com26 Nov 2021

Expressing 'pain' over opposition parties boycotting the Constitution Day event organised by the Lok Sabha secretariat on Friday, speaker Om Birla said staying away from such non-partisan events held by Parliament is not good for the health of democracy.

16 out of 31 MPs on Waqf bill JPC are from NDA

16 out of 31 MPs on Waqf bill JPC are from NDA

Rediff.com9 Aug 2024

Lok Sabha Speaker Om Birla is expected to name the committee's chairperson soon.

Hemant Soren: The tumultuous rise of Jharkhand's youngest CM

Hemant Soren: The tumultuous rise of Jharkhand's youngest CM

Rediff.com29 Nov 2024

Hemant Soren, the youngest chief minister of Jharkhand, has navigated a tumultuous political journey marked by legal battles, party rivalries, and personal setbacks. Despite facing challenges, he has emerged as a powerful advocate for the rights of tribal communities, earning his place as a formidable figure in the state's political landscape. This article explores his rise to power, his leadership style, and the key initiatives he has undertaken for the betterment of Jharkhand.

Selective expunction defies logic: Rahul asks Speaker to restore LS speech

Selective expunction defies logic: Rahul asks Speaker to restore LS speech

Rediff.com2 Jul 2024

Gandhi's remarks drew massive protests from the treasury benches and a rare intervention from the prime minister, who slammed the Congress leader for calling the entire Hindu community violent.

World is awash in capital, no better time to be an entrepreneur: Kumar Birla

World is awash in capital, no better time to be an entrepreneur: Kumar Birla

Rediff.com29 Jan 2022

A hallmark of some new businesses today is that they seek to use the brute force of capital, combined with smart technology and operations, to create new needs that you didn't even know existed, the chairman of Aditya Birla group said in a blog post on the trends for the new year.

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.

Adani firm repays Rs 1,500 cr to SBI Mutual Fund, Aditya Birla Sun Life

Adani firm repays Rs 1,500 cr to SBI Mutual Fund, Aditya Birla Sun Life

Rediff.com22 Feb 2023

Adani Ports and Special Economic Zone has repaid Rs 1,500 crore loan and will repay another Rs 1,000 crore in commercial papers due in March. The Adani Group firm paid Rs 1,000 crore to SBI Mutual Fund and Rs 500 crore to Aditya Birla Sun Life Mutual Fund on commercial papers that matured on Monday, as scheduled.

NDA open to having Deputy Speaker in Lok Sabha: Sources

NDA open to having Deputy Speaker in Lok Sabha: Sources

Rediff.com27 Jun 2024

The ruling National Democratic Alliance (NDA) is open to the idea of having a deputy speaker in the Lok Sabha, sources said on Thursday, stressing that a call on the matter will be taken later.

Ambanis most valuable among family businesses in India

Ambanis most valuable among family businesses in India

Rediff.com8 Aug 2024

At Rs 25.75 lakh crore, the Ambani family has become the most valuable family business in the country, says a report released on Thursday. The Bajaj family comes second in the Barclays Private Clients Hurun India most valuable family businesses list at Rs 7.13 lakh crore while Birlas come third at Rs 5.39 lakh crore.

UltraTech Cement to acquire 23% in India Cements

UltraTech Cement to acquire 23% in India Cements

Rediff.com27 Jun 2024

The country's leading cement maker UltraTech on Thursday said it will acquire a 23 per cent stake in its Chennai-based rival India Cements Ltd, in a deal estimated to be around Rs 1,885 crore. As part of the transaction, UltraTech Cement will acquire 7.06 crores equity shares of India Cements at a price of up to Rs 267 per share, according to a regulatory filing from the Aditya Birla Group flagship firm.

What's Driving Surge in Breast Cancer?

What's Driving Surge in Breast Cancer?

Rediff.com1 Nov 2024

Late-stage diagnosis is a major issue, with over 75 per cent of cases being detected at advanced stages (50 per cent at Stage 3 and 25 per cent at Stage 4). This significantly reduces survival rates.

Will Trump's Tariffs Threat Bite India?

Will Trump's Tariffs Threat Bite India?

Rediff.com9 Dec 2024

The impact of Trump's announcement of increasing import tariffs will have negligible benefit for India not because of companies trying to shift from China to other countries or their supply chains being affected due to their Chinese operations but because of our faulty policies, explains Mudit Jain.

Ranji Roundup: Uttarakhand, Himachal off to good start

Ranji Roundup: Uttarakhand, Himachal off to good start

Rediff.com6 Nov 2024

Roundup of matches across various venues in the Ranji Trophy 2024-25

What makes Hemant Soren Jharkhand's unchallenged leader

What makes Hemant Soren Jharkhand's unchallenged leader

Rediff.com23 Nov 2024

Despite these challenges, his strong voice for the state's tribal population has been central to his political identity

Kejriwal set to quit, AAP to name new Delhi CM at noon

Kejriwal set to quit, AAP to name new Delhi CM at noon

Rediff.com17 Sep 2024

Kejriwal had announced his decision to resign from the post of chief minister on Sunday. He had said that he will only sit on the CM's chair when people give him a "certificate of honesty".

Om Birla's journey to Speaker's chair

Om Birla's journey to Speaker's chair

Rediff.com19 Jun 2019

The 56-year-old leader is considered to be close to both Modi and BJP president Amit Shah.

Zindaginama Review: Empathetic

Zindaginama Review: Empathetic

Rediff.com11 Oct 2024

Zindaginama keeps its tone hopeful and steers away from making the stories tragic or depressing, observes Deepa Gahlot.

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.

Court removes Harsh Vardhan Lodha from MP Birla group cos

Court removes Harsh Vardhan Lodha from MP Birla group cos

Rediff.com19 Sep 2020

The court's directions mean that Lodha immediately ceases to hold all positions in the M P Birla group, including as director in the firms and other positions in the trusts and societies of the M P Birla group, a statement from the Birlas read.

Sunita or Atishi? AAP leaders go into huddle to pick Delhi CM

Sunita or Atishi? AAP leaders go into huddle to pick Delhi CM

Rediff.com16 Sep 2024

Kejriwal's unexpected announcement kicked up a strong buzz over the names of his wife Sunita and his ministers Atishi and Gopal Rai as his possible replacement.

Birla offers to hand over his stake to keep Vodafone Idea afloat

Birla offers to hand over his stake to keep Vodafone Idea afloat

Rediff.com2 Aug 2021

Aditya Birla group chairman Kumar Mangalam Birla has offered to hand over his stake in debt-laden Vodafone Idea Ltd (VIL) to the government or any other entity that the government may consider worthy to keep the company operational. The billionaire businessman made the offer in June in a letter to Cabinet secretary Rajiv Gauba. According to official data, VIL had an adjusted gross revenue (AGR) liability of Rs 58,254 crore out of which the company has paid Rs 7,854.37 crore and Rs 50,399.63 crore is outstanding.

Economy rapidly normalising towards pre-pandemic levels: Kumar Mangalam Birla

Economy rapidly normalising towards pre-pandemic levels: Kumar Mangalam Birla

Rediff.com18 Aug 2021

The Indian economy is rapidly normalising towards pre-pandemic activity levels, even as uncertainty exists about coronavirus mutations and repeated infection waves, industrialist Kumar Mangalam Birla said on Wednesday. Vaccination is picking up pace, which would improve India's resilience against a potential third wave, the chairman of Aditya Birla Group said while virtually addressing shareholders at the AGM of group firm UltraTech Cement Ltd. Moreover, various steps taken by the RBI and the government have helped in containing the economic disruptions of the pandemic, Birla added.

Winter Session: Opposition presses for debate on Adani

Winter Session: Opposition presses for debate on Adani

Rediff.com24 Nov 2024

The opposition on Sunday asked the Centre to allow discussions in the Parliament on the United States prosecutors' bribery charges against the Adani Group even as Union minister Kiren Rijiju made it clear that the matters to be taken up in the two Houses will be decided by their authorised committees with the consent of the respective Chair.

Aditya Birla group to take over Reebok's India operations

Aditya Birla group to take over Reebok's India operations

Rediff.com14 Dec 2021

In a major expansion into sportswear and lifestyle wear segment, the Kumar Mangalam Birla-led Aditya Birla Fashion & Retail has signed a long-term licensing agreement with Authentic Brand Group of New York, which has the marketing and branding rights of Reebok, to run the operations of the global sportswear, athletic and lifestyle major in the country and ASEAN markets. The new agreement between the largest domestic multi-brand fashion retailer and Authentic Brand is an extension of their existing relationship as ABFRL already markets and sells some ABG brands like Forever 21. The agreement follows the global transfer of ownership of the Reebok brand from Adidas to ABG, which is expected to close in the first quarter of 2022.

Kumar Birla: Budget invests boldly in India's future

Kumar Birla: Budget invests boldly in India's future

Rediff.com10 Feb 2022

As the FM said, this is a Budget that lays the foundation for the next 25 years, observes Kumar Mangalam Birla.

Want To Invest In Pharma & Healthcare?

Want To Invest In Pharma & Healthcare?

Rediff.com5 Nov 2024

'A long-term investor with a 4 to 5 year horizon could invest in this theme via SIPs.'

IPO-bound Hyundai Motor India raises Rs 8,315 cr from anchor investors

IPO-bound Hyundai Motor India raises Rs 8,315 cr from anchor investors

Rediff.com15 Oct 2024

Hyundai Motor India (HMIL) raised Rs 8,315 crore from anchor investors on Monday, setting the stage for the country's biggest-ever maiden share sale. The Indian arm of the South Korean carmaker Hyundai Motor Company (HMC) allotted 42.4 million shares to 225 funds at Rs 1,960 apiece, the higher end of its price band. Among the investors receiving allotments were the Singapore government's sovereign wealth fund (GIC), New World Fund, and Fidelity.

India Inc Biggies Plan To Invest $800 Bn

India Inc Biggies Plan To Invest $800 Bn

Rediff.com15 Oct 2024

Roughly 40% of this projected outlay is expected to go towards emerging industries, including green hydrogen, clean energy, semiconductors, and electric vehicles.

What are you doing to fix it?: Rahul vs Pradhan over NEET

What are you doing to fix it?: Rahul vs Pradhan over NEET

Rediff.com22 Jul 2024

If you are rich and if you have money, you can buy the Indian examination system, Rahul claimed.

LIC eyes less than 50% stake in standalone health insurance company

LIC eyes less than 50% stake in standalone health insurance company

Rediff.com4 Oct 2024

State-owned Life Insurance Corporation (LIC) is not keen on a composite license but it is looking to buy less than 50 per cent stake in a standalone health insurance company to enter the health insurance segment such that they have a say in the management of the company, without having to run the company, sources in the know said. "LIC doesn't need a composite licence. "Even if it is introduced, they will not opt for it.

MF licence aspirant list swells with new wave of AMCs ready to roll

MF licence aspirant list swells with new wave of AMCs ready to roll

Rediff.com24 Oct 2024

India's thriving mutual fund (MF) industry is drawing interest from several firms, with multiple applications submitted to the Securities and Exchange Board of India (Sebi) for asset management company (AMC) licences.

Bank of America hit by graft charge on India stock deals

Bank of America hit by graft charge on India stock deals

Rediff.com6 Sep 2024

Bank of America has been hit by a whistleblower complaint that its officials in Asia had shared "non-public information" with investors "before the bank sold hundreds of millions of dollars of stock", reports the Wall Street Journal.