The agency filed the report before Special CBI Judge Bharat Parashar and said that it contains a detailed report of investigation being carried out in the case.
After 15 months of negotiations, the Aditya Birla Group has finally agreed to buy out the US firm Columbian Chemicals Company (CCC) for $875 million from One Equity Partners, the merchant banking arm of JPMorgan Chase. This has catapulted the group to become the world leader in carbon black with a combined two million tonne annual production.
Mukesh Ambani has reclaimed the top position on the 2023 Forbes list of India's 100 Richest with a net worth of $92 billion. The fortune of infrastructure magnate Gautam Adani, who rose meteorically to overtake Ambani as India's richest person for the first time last year, has slipped to the second position. Adani's net worth, which includes that of his family, fell by a whopping $82 billion to $68 billion, after a report by US short-seller Hindenburg Research in January sent his group's shares tumbling.
Aditya Birla Group on Friday said it donated funds to political outfits through a trust for around 15 years and that these were done within permissible limits of the country's laws.
Birla Tyres, a division of the B K Birla flagship Kesoram Industries Limited, on Thursday said it has entered into an arrangement with its collaborator Pirelli of Italy to sell 10,000 radial tyres per month.
Kumar Mangalam Birla spoke high of the Modi government during the summit.
rediffGURU Nikunj Saraf suggests considering small-cap, mid-cap, and multi-cap mutual funds.
rediffGURU Ramalingam Kalirajan answers your personal finance queries.
Bidhuri's responsibility will be akin to the party's poll in-charge of the district, sources said.
A special court on Monday asked the Central Bureau of Investigation to clarify whether "rule of law" was followed in allocation of coal blocks to top industrialist Kumar Mangalam Birla's Hindalco.
Engineering giant Larsen and Toubro and Aditya Birla group firm Grasim Industries are set to settle their long-standing dispute over the sale of cross-holdings out of court. Both the companies are believed to be in consultation with Chennai-based chartered accountant S Gurumurthy to act as arbitrator.
Congress leader Rahul Gandhi has written to Lok Sabha Speaker Om Birla to allow him to speak in the house over his democracy remarks made in London, sources said on Monday.
April-June 2023 (Q1FY24) was a mixed quarter for India's top family-owned business groups. Three of the big five in terms of revenue reported a year-on-year (Y-o-Y) decline in combined net sales and two saw a Y-o-Y fall in net profits. Combined net sales of all listed companies in the five groups were up just 2.2 per cent Y-o-Y at Rs 6.6 trillion in the quarter, down sharply from the 10.3 per cent in the March 2023 quarter (Q4FY23) and 42.8 per cent in Q1FY23.
The decision by the Reserve Bank of India to introduce a unified regulatory framework on connected lending for all the regulated entities (RE) is expected to reduce the influence of business conglomerates in the Indian lending space, said bankers and experts. "Connected lending pertains to lending to related parties within the same business group. "While the RBI might appear more agreeable to allowing business conglomerates to own banking licenses, it deems it crucial to bolster regulations that would prevent conglomerate-owned banks from gaming the system," said Shivaji Thapliyal, head of research and lead analyst, YES Securities.
A media suggested the Parliament staff will have a new dress code with the Lotus printed on it.
Known more for his lifestyle than business moves, Yash Birla talks to Bhupesh Bhandari about life and spirituality.
Last week, Gandhi claimed that he had evidence of "personal corruption" of the prime minister but he was being prevented from speaking in the Lok Sabha because it would cause an earthquake.
Dravida Munnetra Kazhagam MP D N V Senthil Kumar on Wednesday apologised in the Lok Sabha for his controversial 'north-south divide' remark which had sparked a backlash.
Rajya Sabha members Mausam Noor and Priyanka Chaturvedi have written to Chairman Jagdeep Dhankhar, complaining about 'sloganeering' from the visitors' gallery of the House on September 21 and requesting him to take action in the matter.
'Whoever is questioning the government on the Adani issue is being harassed'
India's largest aluminium maker, the Aditya Birla group's Hindalco Industries Ltd, said on Friday it would buy copper mines in Australia from Straits Resources Ltd for A$79.80 million (US$47.11 million).\n\n\n\n
Birla Sun Life Mutual Fund, which manages assets over Rs 9,000 crore (Rs 90 billion), is eyeing acquisition and targets to grow by over 30 per cent this fiscal.
The rebel Shiv Sena MPs met Birla a day after the party's floor leader, Vinayak Raut, gave a letter to the speaker, asking him not to entertain any representation from the rival faction.
VCs have been especially bullish about India.
Prime Minister Narendra Modi on Thursday launched the ambitious 'Make in India' campaign to make India a global manufacturing hub, create jobs and boost economic growth.
The succession of B K Birla group companies is not yet complete as a decision on who will inherit Mangalam Cement and ECE Industries is yet pending.
The nearly month-long monsoon session is likely to have 20 sittings and would conclude before Independence Day.
'I will always cherish the fact that I received the first big award of my life, actually two, in the company of legends for an incredible collaboration.'
The card was used to purchase jewellery and electronic gadgets.
Opposition leaders have slammed the Bharatiya Janata Party over its Lok Sabha member Ramesh Bidhuri, who is in the eye of a storm for his derogatory comments against Bahujan Samaj Party MP Danish Ali, being given poll responsibility by the party in Rajasthan's Tonk district.
The MPs suspended on Tuesday include National Conference's Farooq Abdullah and Congress leaders Shashi Tharoor and Manish Tewari.
As industry voiced concern over the CBI naming industrialist Kumar Mangalam Birla in a case, Oil Minister M Veerappa Moily on Friday said investigating agencies and the judiciary must ensure that India does not become like Russia, where investors are not prepared to go and billionaires are put behind bars.
After Bandhan MF's US Treasury Bond 0-1 year Fund of Fund (FoF), Aditya Birla Sun Life (ABSL) MF has come out with US Treasury 1-3 Year Bond ETFs FoF and 3-10 Year Bond ETFs FoF. US bonds, which generally offer low yields, have turned attractive post the 525-basis point hike in US interest rates. According to Bloomberg data, the 1-year and 2-year US treasury yields now stand at 5.4 per cent and 5.1 per cent, respectively. Although the yields remain lower than what Indian government bonds offer, the differential has come down steeply.
The Supreme Court on Wednesday sought a reply from the Lok Sabha secretary general on Trinamool Congress leader Mahua Moitra's plea challenging her expulsion from the Lower House.
Aditya Birla Nuvo, the mini-conglomerate of Kumar Mangalam Birla, plans to deploy the surplus cash generated by its older-businesses such as carbon black, fertilisers, insulators, rayon and textiles in the growing new-generation businesses -- financial services, telecom, BPO and IT. Further, the company is looking at a transformation from a manufacturer to a 'premium conglomerate'.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances