News for 'aditya-birla'

Ask MF Guru: 'Have I invested in too many MFs?'

Ask MF Guru: 'Have I invested in too many MFs?'

Rediff.com14 May 2021

Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.

International helipad makers eye India

International helipad makers eye India

Rediff.com30 May 2007

Sources said one would have to reinforce the building foundation to adjust the weight of helipad and helicopter if helibase is built on rooftop with concrete.

Holcim, Birla in race for market leadership

Holcim, Birla in race for market leadership

Rediff.com24 May 2007

Aditya Birla Group and Holcim are rapidly increasing capacity in a bid to become the largest player in India's cement industry.

Five IPOs to hit mkt in H1 of Nov; seek to raise over Rs 27,000 cr

Five IPOs to hit mkt in H1 of Nov; seek to raise over Rs 27,000 cr

Rediff.com31 Oct 2021

After a month long gap, the primary market is heading for a busy time, with five firms including Paytm parent One97 Communications and policybazaar parent PB Fintech have lined up their IPOs in the first half of November to raise over Rs 27,000 crore collectively. The other three firms whose initial share-sales are set to open are Sapphire Foods India, which operates KFC and Pizza Hut outlets, decorative aesthetics supplier SJS Enterprises and microcrystalline cellulose manufacturer Sigachi Industries. The IPOs of FSN E-Commerce Ventures Ltd, which runs online marketplace for beauty and wellness products Nykaa, and Fino Payments Bank are currently open for public subscription.

Pix: Shahid's passion for athleisure

Pix: Shahid's passion for athleisure

Rediff.com21 Oct 2016

The man of style Shahid Kapoor is turning athleisure trend into a serious fashion statement in India.

Alcan to pull out of JV with Hindalco

Alcan to pull out of JV with Hindalco

Rediff.com13 Apr 2007

Global aluminium giant Alcan Inc on Friday announced its plan to sell its 45 per cent stake in India's Utkal Alumina International Ltd, its joint venture with Aditya Birla group flagship Hindalco Industries.

Idea: Spice minority owners to get sell

Idea: Spice minority owners to get sell

Rediff.com14 Jun 2008

The Aditya Birla group's wireless telephony firm Idea Cellular has agreed to buy Spice Communications in a three-stage deal in which minority shareholders of Spice would be given an option either to swap their shares for the Birla group firm or sell them in an open offer.

Idea to invest in Spice network, tech upgrade

Idea to invest in Spice network, tech upgrade

Rediff.com11 Jun 2008

Idea Cellular, the Aditya Birla group firm that is on the verge of taking over Spice Communications by buying out B K Modi's 41 per cent stake, is sounding out its bankers to raise funds to upgrade in the struggling telecom operator's network and technology.

DoT proposes change in cross-holding norms

DoT proposes change in cross-holding norms

Rediff.com2 Jul 2013

To bring clarity, the department clearly defines terms such as promoter and competitor.

Hindalco to enter Fortune 500 list before time

Hindalco to enter Fortune 500 list before time

Rediff.com12 Feb 2007

Overseas operations already account for nearly 30 per cent of the group's revenue now and the Novelis acquisition would go a long way in fulfilling group chairman Kumar Mangalam Birla's ambition

Kumar Birla on his latest acquisition

Kumar Birla on his latest acquisition

Rediff.com12 Feb 2007

With this, we are getting a global footprint in 29 countries and take our employee strength to 100,000.

HR pros are on training track

HR pros are on training track

Rediff.com25 May 2006

Are your MFs giving desired returns?

Are your MFs giving desired returns?

Rediff.com7 Sep 2020

Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.

Cement firms gear up to tackle attrition

Cement firms gear up to tackle attrition

Rediff.com13 May 2008

The 189-million tonne domestic cement industry is gearing up to tackle attrition in the industry.

L&T to exit UltraTech as Birlas give no-objection

L&T to exit UltraTech as Birlas give no-objection

Rediff.com11 Jun 2009

Larsen & Toubro will sell its 11.49 per cent stake in the Aditya Birla Group-owned UltraTech Cement in the open market, after the latter waived its first right of refusal to buy the stake.

Debt schemes see worst ever outflows in FY20

Debt schemes see worst ever outflows in FY20

Rediff.com10 Apr 2020

Overall, the MF industry saw nearly Rs 5 trillion, or 18 per cent, of asset erosion in March, with the asset base shrinking to Rs 22.26 trillion from Rs 27.22 trillion at February-end.

How expense ratio impacts MF returns

How expense ratio impacts MF returns

Rediff.com6 Apr 2018

The average difference in expense ratios between a regular and direct plan is 100 to 120 basis points. For those who need hand holding, spend the 100 to 120 basis points and get advice on the right schemes that suit you. Don't land up buying a scheme with low expense, but lower returns.

'The world is your oyster, dear IIT-ians'

'The world is your oyster, dear IIT-ians'

Rediff.com8 Dec 2006

Transcript of the chat with Sumant Singa, chief financial officer of the Aditya Birla Group.

Idea's Mumbai entry hits roadblock

Idea's Mumbai entry hits roadblock

Rediff.com8 Aug 2007

Not just Mumbai, the company's plans to roll out services in Bihar and Jharkhand has also been delayed due to the unavailability of spectrum.

Windfall awaits telecom firms

Windfall awaits telecom firms

Rediff.com25 Jul 2007

Indian telecom companies are likely to get a windfall of Rs 100-150 crore (Rs 1 to Rs 1.5 billion) when they announce their first quarter results during this week.

Ask MF Guru: 'Can I invest lump sum in MFs?'

Ask MF Guru: 'Can I invest lump sum in MFs?'

Rediff.com26 Nov 2021

Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.

Lehman@10: Mixed fortune for India Inc's global forays

Lehman@10: Mixed fortune for India Inc's global forays

Rediff.com27 Sep 2018

Just before the 2008 financial crisis made headlines, Indian companies were on a global buying spree. In the fifth part of the series, Dev Chatterjee and Krishna Kant discuss how the crisis came as a black swan event for some, changing the mood from exuberance to despair.

Kumar Birla to get Kesoram Industries

Kumar Birla to get Kesoram Industries

Rediff.com28 Jun 2007

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 is no getting away from CRM'

'There is no getting away from CRM'

Rediff.com26 Jun 2007

We are now looking at getting offshore development capabilities and working with Minacs to provide an IT-blended solutions for the banking, financial services and insurance segment

How India's top business houses fared in 2015-16

How India's top business houses fared in 2015-16

Rediff.com15 Apr 2016

Consumer businesses come to the rescue of large conglomerates in the midst of a meltdown in commodities.

Indian cos flourish in West Midlands

Indian cos flourish in West Midlands

Rediff.com24 Jan 2008

Indian investments in the West Midlands, UK, have doubled in the last 2 years, thereby strengthening relations between India and UK.

Steel majors head for African safari

Steel majors head for African safari

Rediff.com13 Sep 2006

Birla to invest Rs 9,000cr in retail business

Birla to invest Rs 9,000cr in retail business

Rediff.com18 May 2007

The $24 billion diversified Aditya Birla Group on Friday announced its entry into domestic organised retail market with an investment of up to Rs 9,000 crore (Rs 90 billion) over three years to set up 1,000 supermarkets.

Birla Retail eyes 18-fold sales growth

Birla Retail eyes 18-fold sales growth

Rediff.com11 Feb 2009

The retailer, which runs a supermarket chain under the More brand, is targeting annual sales of $4.5 billion (Rs 22,000 crore or Rs 220 billion) by March 2014 from Rs 1,200 crore (Rs 12 billion) in the current financial year. The retailer clocked sales of Rs 500 in the previous year. In 2007, the company had talked about a Rs 9,000 crore (Rs 90 billion) investment plan.

AV Birla Group plans retail foray

AV Birla Group plans retail foray

Rediff.com23 Aug 2006

On the heels of Reliance Industries foraying into the lucrative retail business, Birla Group too contemplates rolling out its organised retail initiative.

Portuguese firm buys Digvijay Cement

Portuguese firm buys Digvijay Cement

Rediff.com6 Dec 2007

Grasim Industries, a part of the Aditya Birla group, has decided to sell 53.3 per cent stake in Shree Digvijay Cement Company (SDCC) to Cimpor, a Portuguese cement maker, for Rs 322 crore (Rs 3.22 billion).

AV Birla retail needs 55,000 people

AV Birla retail needs 55,000 people

Rediff.com3 Dec 2007

The company is also looking at recruiting employees from outside India, especially for services and expertise that people in India lack.

India Inc cushions itself against falling rupee

India Inc cushions itself against falling rupee

Rediff.com21 Jul 2006

India Inc is unfazed by the sharp fall of the rupee against the greenback as most big firms have already hedged their foreign exchange exposures.

MFs to purchase your dream home in 5-7 years?

MFs to purchase your dream home in 5-7 years?

Rediff.com22 Feb 2021

Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.

Kumar Birla plans investment hub

Kumar Birla plans investment hub

Rediff.com10 Sep 2005

Pune firm in largest-ever BPO buyout

Pune firm in largest-ever BPO buyout

Rediff.com27 Feb 2007

HOV Services pays Rs 660 crore for US firm.