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...
04 May, 2026, 11.04 PM IST
Promoters to offload over 11% stake in Aditya Birla Sun Life via OFS on March 19-20Aditya Birla Sun Life AMC promoters to sell stake via OFS to meet 25% public float rule. Sebi mandates compliance for all listed companies....
19 Mar, 2024, 09.44 AM IST
Aditya Birla Capital soars on MF arm ‘listing’ plansThe share sale in Aditya Birla Sun Life Asset Management Company will unlock value in the financial services company belonging to the Adity...
18 Mar, 2021, 07.49 AM IST
Aditya Birla Nuvo-Grasim merger: LIC may decide to give its go-ahead in a week or two, says Kumar Mangalam BirlaThe chairman of the Aditya Birla Group met LIC's officiating chairman VK Sharma to explain to him the merger of AB Nuvo and Grasim.
25 Aug, 2016, 10.47 AM IST
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 ...
13 Aug, 2016, 04.53 AM IST
AB Nuvo, Grasim crash up to 17% on merger newsShares of AB Nuvo nosedived 18.08 per cent to hit a low of Rs 1,196.70 on Friday morning, while Grasim slumped 5.77 per cent to Rs 4,277.
12 Aug, 2016, 06.11 PM IST
Street gives a thumbs down to Aditya Birla Nuvo and Grasim Industries mergerAs part of the group restructuring, Aditya Birla Nuvo will be first merged into Grasim following which the financial services business will...
12 Aug, 2016, 08.08 AM IST
Market gives a thumbs down to the merger of Aditya Birla Nuvo and GrasimAs part of the group restructuring, Aditya Birla Nuvo will be first merged into Grasim following which the financial services business will...
12 Aug, 2016, 02.12 AM IST
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.
12 Aug, 2016, 01.45 AM IST
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.
11 Aug, 2016, 06.49 PM IST
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...
10 Aug, 2016, 10.55 AM IST
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...
28 Jun, 2016, 04.14 PM IST
- Grasim Industries Q1 net profit up 30.71% to Rs 751.67 cr
Grasim Industries' consolidated net sales for the three months ended June 30, 2011, increased by 16.15 per cent to Rs 5,872.10 crore, as ag...
30 Jul, 2011, 03.08 PM IST
- Aditya Birla Group didn't favour public auction route for Swedish firm Domsjo buy
The April acquisition surprised the global fibre and pulp industry as it didn't have the participation of Grasim, the group's flagship and ...
21 May, 2011, 12.05 AM IST
- Grasim Industries to acquire one-third stake in Domsjo Fabriker
Grasim will invest Rs 280 crore in purchasing shares of Aditya Holding AB, which acquired the foreign firm through its 100% subsidiary, Adi...
03 May, 2011, 08.56 PM IST
- ‘Old Fox’ seen taking interest in AB Nuvo
Shares of Aditya Birla Nuvo rose over two per cent to close at Rs 944.35 on Wednesday, riding the upswing in secondline shares.
07 Jan, 2010, 10.05 AM IST
- AB Nuvo may hive off financial services biz
Aditya Birla Group is looking at carving out the financial services business from group company AB Nuvo to unlock value and realise economi...
14 Dec, 2009, 03.10 AM IST