These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 28%There are two ways to deal with the kind of uncertainty the US-Iran war has brought to the stock market. First, you could just sit it out a...
Aditya Birla Nuvo Q2 net declines 12% to Rs 283 croreThe net profit of company's telecom arm Idea Cellular had declined from Rs 762 crore to Rs 91 crore mainly on account of higher interest an...
ABNL completes 23% stake sale in Birla Sun Life for Rs 1,664 croreDiversified firm Aditya Birla Nuvo today said it has completed an additional 23 per cent stake sale in its life insurance firm Birla Sun Li...
Aditya Birla Nuvo Ltd forms joint venture with Idea Cellular for payments bankAditya Birla Nuvo Ltd (ABNL) announced formation of a joint venture with group firm Idea Cellular to set up a payments bank.
Stake sale in insurance JV to reduce debt: Aditya Birla NuvoAditya Birla Nuvo today said Rs 1,664 crore worth proceeds from 23 per cent stake sale in Birla Sun Life Insurance would substantially redu...
Aditya Birla Nuvo to develop solar plants with Abraaj GroupDiversified company Aditya Birla Nuvo Ltd (ABNL) would roll out renewable energy platform focused on developing utility-scale solar power p...
Aditya Birla Nuvo board approves termination of GDR issue by PantaloonsAditya Birla Nuvo board approved termination of plans to issue GDRs by group firm Pantaloons as envisaged under a merger scheme to consolid...
Aditya Birla Nuvo Q3 net profit rises 6.62 per cent to Rs 368.14 croreIt had reported a net profit of Rs 345.27 crore in the October-December quarter of 2013-14 fiscal, Aditya Birla Nuvo Ltd (ABNL) said in a B...
Aditya Birla Nuvo to invest Rs 350 crore in financial services in FY15The company, however, has not specified which segments in its financial arm --Aditya Birla Financial Services (ABFS)-- will receive capital...
ABNL IT & ITES completes divestment of Aditya Birla MinacsThe proceeds from the divestment will be used to reduce consolidated debt of ABNL and support its growth plans in other businesses.
Aditya Birla Nuvo Q2 Net increases 2.2 pc at Rs 290.15 croreAditya Birla Nuvo Ltd today reported a marginal increase of 2.2 per cent in consolidated net profit at Rs 290.15 crore for the quarter ende...
- Growth prospects bright but diverse play a valuation hurdle for Aditya Birla Nuvo
A strong show by telecom firm Idea and also smaller segments such as financial services, rayon yarn and BPO & IT enabled ABNL to post a 5% ...
- Aditya Birla Nuvo's revenue rises 20 % to Rs 21000 crore mark
Aditya Birla Nuvo Limited (ABNL) on Tuesday posted a strong 20% growth in revenue at Rs 21,840 Crore.
- Aditya Birla Nuvo to invest Rs 1,600 crore in Pantaloon stores
Future Group said Aditya Birla Nuvo will infuse Rs 1,600 cr into its flagship 'Pantaloon' and will acquire a majority stake in the store ch...
- Bombay High Court okays I-T dept probe into ABNL's purchase of AT&T stake in Idea
Bombay High Court rejected a writ petition filed by Aditya Birla Nuvo Ltd (ABNL) challenging a notice sent by I-T department seeking inform...
- Aditya Birla Nuvo: Consolidation drive to come in handy
Aditya Birla Nuvo (ABNL), the holding company for the group’s garment business, has kicked off the process to consolidate the garments and ...
- Morgan Stanley initiates coverage on Aditya Birla Nuvo with ‘Overweight’
Morgan Stanley initiates coverage on Aditya Birla Nuvo with ‘Overweight’ rating, with a 33% upside to the target price of Rs 1,147.