While about 8,000 people are in the long list of invitees, the select list features 506 A-listers, including prominent politicians, leading industrialists, top film stars, sportspersons, diplomats, judges and high priests.
The Central Bureau of Investigation (CBI) has started scrutinising the file received from the Prime Minister's Office on coal block allocation to Hindalco to understand the circumstances on the basis of which the earlier decision to reject the company's application for the same was reversed.
With six acquisitions in a little over a year, Birla has charted out a bold expansion path for his group.
'The force of reforms. The force of investment. The force of formalisation. The force of digital and green technology. And the force of youth and entrepreneurship. I am convinced that these 5 forces will propel India's rise over the next several decades,' predicts Kumar Mangalam Birla, chairman, Aditya Birla group.
The 'Pran Pratishtha' of the idol of Ram Lalla -- the childhood form of Lord Ram -- will be attended by people from all walks of life, including representatives of major spiritual and religious sects of the country and of various tribal communities and prominent personalities.
The Kumar Mangalam Birla-led Hindalco Industries is likely to raise $500-million through a QIP or by other routes this fiscal to finance its expansion plans.
A change is in the wings, though perhaps not right now, for Basant Kumar Birla's Kesoram Industries. Birla, who is 90 and the chairman, says his daughter, Manjushree Khaitan, will manage Kesoram, but under his grandson, Kumar Mangalam Birla.
Vodafone Idea's cash flow analysis indicates that its situation may remain challenging even after any relief measures, and the telco needs "meaningful capital infusion" with a long gestation period to become competitive, a report by Credit Suisse said on Wednesday. The report expects Airtel to be "well placed" in either of the scenarios, of two-private-operator sector, or three private operators post an industry repair. The note by Credit Suisse on the Indian telecom sector said there has been increasing interest among investors to evaluate valuations of Bharti Airtel and Indus Towers under two situations, in the wake of recent developments.
Bollywood paid tribute to Nana Chudasama's memory.
The Central Bureau of Investigation will question at least two former officials of the Prime Minister's Office who were involved in the processing of the file related to coal block allocation to Hindalco.
As the FM said, this is a Budget that lays the foundation for the next 25 years, observes Kumar Mangalam Birla.
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.
A new board has been constituted for the merged entity 'Vodafone Idea Ltd' with 12 directors (including six independent directors) and Kumar Mangalam Birla as its Chairman. The board has appointed Balesh Sharma as the CEO, the companies said in a joint statement. The combination will have an all-India revenue market share of 32.2 per cent and take the numero uno slot in nine telecom circles, it said adding that both Vodafone and Idea brands will continue.
Hindalco is currently one of the frontrunners in the coal auction
Mukesh Ambani continues to remain the richest man in India.
Celebrities from different fields were present at the Urja Awards 2019.
Vodafone Idea (Vi) is in continuous talks with network vendors to finalise its 5G rollout plans, Vodafone Idea CEO Akshaya Moondra said. "We are in early stages of 5G deployment. "5G is an important development and we are keeping our eyes on it," Moondra said on Wednesday in a post-result analyst call. Already five months behind rivals Jio and Airtel in the 5G race, Vi's efforts will be on the deployment of 5G in target geographies.
Besides Birla, a number of top industrial houses in the country are facing some probe or the other, ranging from bribery to illegal mining to insider trading.
The Indian Institute of Management Ahmedabad (IIM-Ahmedabad) on Friday said that the Sanskrit motto has not been dropped from its proposed new logo.
Commerce and Industry Minister Anand Sharma on Wednesday appeared to share industry's concerns over naming Kumar Mangalam Birla in an FIR in coal scam case saying it was unfortunate and could raise questions over investor confidence in the country.
It wasn't Kumar Mangalam Birla alone; the Hindalco mine allocation turned the spotlight on the PM and the Odisha CM.
While the rich and famous from across the world have assembled in Davos for their annual talk-fest and networking for business, many top Indian business leaders like Mukesh Ambani and Rahul Bajaj have given this year's WEF Annual Meeting a miss.
The judge summoned Birla as one of the accused in the case.
Even if the company's merger issue was sorted out, it would have a lot of ground to cover in order to attract subscribers.
Says inordinate delay on this and other issues raised by firm earlier are impacting investor confidence.
Justice Rajiv Shakdhar asked the telecom company and five others including Birla to file their responses within four weeks and posted the matter for further hearing on August 5.
Bharti Airtel Chairman and Managing Director Sunil Bharti Mittal, Vodafone Plc CEO Vittorio Colao, Telenor CEO Jon Fredrik Baksaas and Idea Cellular Chairman Kumar Mangalam Birla on Wednesday met ministers and senior government officials to present the industry's concerns over telecom regulator Trai's proposals on the auction of spectrum.
The chief minister of Odisha had reiterated this position assigning topmost priority to the allocation of Talabira-II in favour of Hindalco.
India's resource-hungry corporations are going aggressive to acquire natural resource assets overseas.
Azim Premji and his family gave away Rs 7,904 crore (Rs 79.04 billion) in philanthropy, up 1,645 per cent!!! over the previous year.
Kumar Mangalam Birla on Friday says he hasn't done any wrong and is not worried about CBI case against him in coal block allocation.
Telecom honchos Sunil Bharti Mittal, Anil Ambani, Kumar Mangalam Birla and Vittorio Colao are expected to meet IT and Communications Minister Kapil Sibal tomorrow to discuss various issues impacting the sector.
Birla takes over as chairman after his group increased its stake to 51 per cent in November 2012 from the earlier 50 per cent.
The women stole the show at the Dadasaheb Phalke Excellence awards.
Ten billionaires including Mukesh Ambani, Sunil Mittal are in the world's richest list.