With this, we are getting a global footprint in 29 countries and take our employee strength to 100,000.
Having drawn the blueprint to pass on his over Rs 7,000 crore (Rs 70 billion) business empire to his daughters and grandchildren, India's grand old industrialist B K Birla has set about restructuring unlisted companies in the group.
The government has insisted that there are no rules or precedence which make it mandatory for the House to take up the no-confidence motion immediately.
Opposition parties of the Indian National Developmental Inclusive Alliance (INDIA) boycotted Lok Sabha proceedings on Friday to protest the suspension of Congress leader Adhir Ranjan Chowdhury from the House.
The decision reflected Birla's thinking that his stepping down would pave the way for the entry of strategic investors and allow for greater flexibility during discussions, the company said.
Lodha, Birlas file caveats in court; Birlas say will may be fabricated.
'Aleris will bring in $3 billion of revenue. Novelis has $12 billion of revenues. If we add Hindalco's $6-billion revenue, then on a consolidated basis, we will become the world's largest aluminium company outside China.'
'Unlike Big Bazaar, where the promoter calls the shot, in ABRL, professionals take decisions. So, every new CEO leads to a change in strategy, which confuses vendors and the team.'
On the heels of Reliance Industries foraying into the lucrative retail business, Birla Group too contemplates rolling out its organised retail initiative.
From taking charge of Jharkhand as its youngest chief minister at 38 to establishing himself as a 'fighter' for tribal rights, Hemant Soren, who was arrested by the Enforcement Directorate, is an accidental leader thrust into politics after a family tragedy.
Makeup brought a bevy of beauties together in Mumbai.
With the Birlas yet to file their objections to their auditor Rajendra S Lodha's claim over M P Birla group, a late claimant to the Rs 5000 crore (Rs 50 billion) pie decided to adopt a wait and watch policy for the time being.
Trinamool Congress MP Mahua Moitra, currently facing recommendations for expulsion from the Lok Sabha in a cash-for-query row, was tasked with strengthening the party's organisation in West Bengal's Nadia district ahead of the 2024 general elections, in a clear message of support from the TMC.
Telecoms investor Aditya Birla Nuvo Ltd and retailer Future Group were among the first big names to apply for licenses to run so-called payments banks
On a Prayer is a book on Birla's journey from a state of oblivion to survival, where his deep belief in spirituality and his faith in true love act as a crutch for him to go on.
Mumbai is witnessing some big-ticket investments in bungalows by the city's billionaires.
The division bench of Justices F I Rebello and D G Karnik on Monday reserved orders as to whether the Birla group's petition is admissible or not. The order will be passed on Tuesday. In the present case, the issue is whether the Birla group is liable to pay capital gains tax on the share-purchase transaction worth $150 million with AT&T Mauritius (subsidiary of AT&T).
While near-term performance is difficult to predict after a huge run-up, fund managers believe the PSU theme's prospects remain sound over the medium to long term.
Dubey had on Saturday written to Lok Sabha Speaker Om Birla urging him to also probe the "unsavoury" conduct and remarks of Ali.
Aditya Birla group on Tuesday announced it had concluded acquisition of Tata group's 49 per cent stake in Idea Cellular Ltd for Rs 4,406 crore
Bharatiya Janata Party MP Nishikant Dubey said on Saturday the Lok Sabha Speaker should also probe the 'unsavoury' conduct and remarks of Danish Ali, who was recently at the receiving end of ruling party member Ramesh Bidhuri's derogatory words in the House.
In separate letters to the speaker, Congress leader Adhir Ranjan Chowdhury, Supriya Sule of the NCP, DMK leader Kanimozhi and TMC's Aparupa Poddar said what had happened with Ali is unfortunate and that action should be taken against Bidhuri.
It took the Aditya Birla group four years to make up its mind on entering the the burgeoning e-commerce market in the country.
Lok Sabha Speaker Om Birla has referred MPs' complaints on the issue involving BJP member Ramesh Bidhuri's use of objectionable words against BSP's Danish Ali to the Privileges Committee, sources said on Thursday.
With Christmas and the New Year approaching, doctors at some hospitals in the city also referred to the detection of the first case of the new JN.1 variant of the coronavirus in the country and asked people to exercise extra caution.
BofA-ML mandated to find buyer for 27.5% stake in media group's holding firm
"I want to send you my good wishes that you prepare so much that you get a chance to bring a no-confidence again in 2023," he had said while replying in Lok Sabha to the no-confidence motion in 2019, ahead of the general elections.
Six bills, including the one to amend the Jammu and Kashmir Reorganisation Act, were introduced in the Lok Sabha on Wednesday amid protests by opposition members over the violence in Manipur.
A see-saw battle of arguments between the Lodha camp and the Birla group, who are fighting for control of Priyamvada Birla's Rs 2,400 crore (Rs 24 billion) assets, on Thursday unfolded before the Supreme Court.
Lok Sabha proceedings on Tuesday began in the new Parliament building, located adjacent to the old one, starting a new chapter in the parliamentary history of India.
The Birlas on Thursday informed the Calcutta High Court that Priyamvada Birla was suffering from several debilitating diseases and not in firm health as claimed by Rajendra S Lodha who asserted she had made the 1999 'will' in his favour in her full s
In a crucial victory for Birlas in their legal battle against Rajendra S Lodha for control of the M P Birla group, Calcutta High Court on Friday dismissed a petition seeking quashing of criminal proceedings against him and three others.
Aditya Birla Group on Wednesday raised its stake in Idea Cellular to 50.15 per cent after it bought Cingular Wireless's stake for $150 million (about Rs 650 crore).
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