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AB BIRLA GROUP
Vodafone Idea shares jump 4%; KM Birla says telco navigated through one of its toughest challenges in historyVodafone Idea shares climbed after shareholders approved a Rs 4,730 crore investment from the Aditya Birla Group, signalling renewed promot...- AB Group reaffirms bet on Voda Idea with ₹4,730 Cr infusionVodafone Idea shareholders approved a ₹4,730-crore investment from the Aditya Birla Group via preferential allotment of warrants, increasin...
- Vodafone Idea share price: Citi removes ‘High Risk’ rating, sees up to 22% upside potential; here’s whyVodafone Idea shares have seen significant gains. Citi has upgraded its rating to 'Buy' and set a new target price. This positive outlook i...
- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 25%We are living in times when the morning may see conciliatory exchanges between the US and Iran, leading to a cooling in crude oil prices. B...
- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 25%If you are putting fresh money into the market, it might be a good idea to stay with companies that don't have much to do with global suppl...
- Vishakha Mulye named Aditya Birla Capital's new MD & CEO for five yearsAditya Birla Capital has appointed Vishakha Mulye as its new MD and CEO, effective September 1, for a five-year term. Mulye's 'One ABC, One...
- IFC picks up Rs 1,250 cr worth sustainability-linked Grasim NCDsRecently, the Aditya Birla group entered the decorative paints segment with Birla Opus, and had set a target of becoming a Rs 10,000-crore ...
- Comfortable with investments in downgraded EMIL NCD: ICICI Pru Mutual FundICICI Prudential Mutual Fund, through its various schemes, has investments aggregating Rs 456 crore in Non-convertible Debentures (NCDs) is...
- AB Birla Group rejig to help financial services join big leagueGrasim shareholders have been telling us that they need another growth engine like UltraTech. Finserv will be another growth engine for Gra...
- AB Nuvo slips 18 per cent while Grasim logs modest gains after mergerThe financial services business, which was owned by Nuvo, would be spun off and listed separately after the completion of the merger, with ...
- AB Nuvo-Grasim merger to create a company worth Rs 60k-crWith diverse businesses spanning manufacturing and services, the combined company provides a play on India’s growth story.
- Ten things to know about AB Nuvo and Grasim Industries mergerThe reorganisation will see the demerger of AB Financial Services from AB Nuvo and that separate entity will be listed on stock exchanges.
- Aditya Birla Group rejig may lead to Grasim-Nuvo mergerTwo-step recast may involve merger of Grasim and parts of AB Nuvo, followed by hiving-off of Nuvo’s finance services business into separate...
- AB Nuvo rallies as company enters into a JV with MMI HoldingsThe stock has rallied 14 per cent over the past three sessions ever since the news broke. MMI Holdings is a South African financial service...
- Aditya Birla Group likely to merge retail business, create one listed companyKM Birla's company may be expecting to raise about Rs 3,000 cr by selling close to 20% stake in the retail business to at least two private...
- Aditya Birla Group to merge all retail businesses to create one listed companyAditya Birla Group has initiated first step to unlock value in retail biz. It is in talks with large private equity players like KKR, Carly...
- Grasim Industries to acquire one-third stake in Domsjo FabrikerGrasim will invest Rs 280 crore in purchasing shares of Aditya Holding AB, which acquired the foreign firm through its 100% subsidiary, Adi...
- AB Nuvo may hive off financial services bizAditya Birla Group is looking at carving out the financial services business from group company AB Nuvo to unlock value and realise economi...
- HC allows AB Nuvo to move appellate tax authority on I-T noticeThe Bombay High Court has given the permission to Aditya Birla Nuvo to move the first appellate authority on tax matters against the tax no...
- Xpro to buy out Finnish partner in Terxpro FilmsXpro India, an SK Birla group company, has decided to buy out Finnish partner Ab Rani Plast Oy’s entire shareholding in Terxpro Films, the ...
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