Buy Grasim Industries Ltd. at a price target of Rs 1405.0 .

The shareholders are currently voting to approve this amalgamation (voting ends first week of April). Grasim and Nuvo together hold 28% of ...

The chairman of the Aditya Birla Group met LIC's officiating chairman VK Sharma to explain to him the merger of AB Nuvo and Grasim.

Grasim shareholders have been telling us that they need another growth engine like UltraTech. Finserv will be another growth engine for Gra...

On a fundamental basis the private banks are better placed than the PSU banks but the valuations for most of the private sector banks are q...

The financial services business, which was owned by Nuvo, would be spun off and listed separately after the completion of the merger, with ...

Shares 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.

Singhvi says the merger to increase shareholding in Grasim is done at the cost of minority shareholders.

As part of the group restructuring, Aditya Birla Nuvo will be first merged into Grasim following which the financial services business will...

As part of the group restructuring, Aditya Birla Nuvo will be first merged into Grasim following which the financial services business will...

With diverse businesses spanning manufacturing and services, the combined company provides a play on India’s growth story.

The reorganisation will see the demerger of AB Financial Services from AB Nuvo and that separate entity will be listed on stock exchanges.

Two-step recast may involve merger of Grasim and parts of AB Nuvo, followed by hiving-off of Nuvo’s finance services business into separate...

After trading in a range over the past three years, the Grasim Industries stock has gained 15% in the past three months. It closed at an ei...

One of the advantages of the merger is that the caustic soda business is relatively stable than the VSF business, where Grasim also operate...

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...

Grasim will invest Rs 280 crore in purchasing shares of Aditya Holding AB, which acquired the foreign firm through its 100% subsidiary, Adi...