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The land parcel is located in South Mumbai's Tardeo neighbourhood and has a total area of 4,300 square metres (46,268 sq ft).
The Aditya Birla group's financial services firm, Birla Global, has seen some top level resignations.
NBFCs with a proven track record, supported by the brand values of reputed corporate, can play a key role in bringing the benefits of banking and economy to the underserved and newer segments of India.
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 company Kesoram Industries.
'There's significant interest from both existing and new sponsors who recognise the value of associating with Olympic athletes.'
There were certainly qualities adhering to the Tata Group, which emanated from the persona of Ratan Tata. Most notable of these would be the low profile he maintained, which sharply contrasted the in-your-face celebrity status, celebration of wealth and pursuit of importance many of liberalised India's rich, love, notes Shyam G Menon.
K K Birla, noted industrialist and former Rajya Sabha member, died on Saturday morning at his residence in Kolkata after a brief illness. He was 90.Birla was ailing for the last two weeks and the end came at 7.30 am, family members said. His wife Manorama Devi Birla died about a month ago
The Supreme Court on Monday refused to expedite hearing on a petition filed by three Birla family members, who have challenged the Calcutta High Court's order that refused them right to object to the purported 1999 'will' of late Priyamvada Birla.
A round-up of the Ranji Trophy matches played on Saturday.
UltraTech Cement Ltd on Monday reported a 35.24 per cent increase in consolidated net profit at Rs 2,258.58 crore for the fourth quarter ended March 31, 2024. The leading cement maker had posted a consolidated net profit of Rs 1,670.10 crore in the January-March quarter of the last fiscal, according to a regulatory filing from UltraTech. Its revenue from operations rose 9.41 per cent to Rs 20,418.94 crore during the period under review.
Another important early decision of Birla was to get into the wireless telephony business in association with AT&T and another revered Indian business house, the Tatas.
The Bharatiya Janata Party has begun consultations with its allies on the ruling National Democratic Alliance's candidate for the Lok Sabha Speaker's post while the opposition Indian National Developmental Inclusive Alliance (INDIA) is considering its options and may force a contest to score political points, sources said on Monday, a day before the filing of nomination for the key position.
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.
Heavy rain in the first week of July compensated for the shortfall but caused flooding in many northeastern states.
A day after applying for a bank licence, Aditya Birla Group chairman Kumar Mangalam Birla on Wednesday said the new bank licence norms announced by the Reserve Bank are not discriminatory towards large corporate houses.
The judge summoned Birla as one of the accused in the case.
For the first time, Modi is eyeball to eyeball with his bete noire, sitting a few feet across him. Given the last 10 years, a confrontation between them was unavoidable, inevitable, points out Saisuresh Sivaswamy.
He also said that the BJP's defeat in Faizabad seat of Ayodhya, where the Ram temple has been built, shows the wisdom of voters.
Yash Birla, one of most prominent businessmen of India, had a lively interaction with rediff.com readers when he hosted a chat on Tuesday.
Union Home Minister Amit Shah on Wednesday said the Centre had sent multiple advance warnings to the Kerala government about possible floods and landslides in the state, starting as early as July 23, and nine National Disaster Response Force (NDRF) teams were rushed to the state the same day.
The Lok Sabha's Ethics Committee will hold its first meeting on Thursday on the allegations against Trinamool Congress MP Mahua Moitra, with Bharatiya Janata Party parliamentarian and the complainant Nishikant Dubey and advocate Jai Anant Dehadrai scheduled to record their statements.
In an exclusive chat with the readers of Rediff.com, on Tuesday, March 11, Yashovardhan Birla, chairman of the Yash Birla Group discusses his deep belief in spirituality and his faith in true love.
Given gains in equity prices, it is not surprising that the earnings of asset management companies (AMCs) are growing quicker. The earnings momentum looks set to continue. Good fund performances have thus led to AMC earnings upgrades although valuations are high. Recent market performance and net flow trends have led to earnings upgrades by between 3-8 per cent for FY25-27.
India, Canada relations have nosedived after Prime Minister Justin Trudeau's allegations last month linking Indian agents to the killing of Khalistani extremist Hardeep Singh Nijjar in June.
Sonia also described the mention of Emergency by the PM, the Lok Sabha Speaker as an attempt to divert attention from the "assault on the Constitution".
While about 8,000 people are in the long list of invitees, the select list features just a few hundred people, including prominent politicians, leading industrialists, top film stars, sportspersons, bureaucrats and diplomats.
The legal tussle between the Birlas and Lodha has taken another turn with Lodha filing a Rs 100 crore (Rs 1 billion) defamation suit against the Birlas for alleged statements made against him.
It wasn't Kumar Mangalam Birla alone; the Hindalco mine allocation turned the spotlight on the PM and the Odisha CM.
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.
The Supreme Court on Monday dismissed four petitions filed by the Birlas challenging R S Lodha's right to object to late Priyamvada Birla's purported will of 1999. A bench headed by Justice S B Sinha while dismissing the petition has imposed cost of Rs 2,50,000 each on the three Birla members.
Strides made in the information technology sector has enabled India to emerge as the world's "electronic housekeeper" and good economic performance has put the nation firmly on the path of growth, the doyen of Indian industry K K Birla has said.
Amazon has also signed a term sheet with Kishore Biyani-led Future group to invest $600 million to $700 million for a 12 to 15 per cent stake in the retail giant, it is learnt.
These are the top buyers of the scrapped electoral bonds, the data for which was released by the Election Commission on Thursday.
