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Aditya Birla Group

UltraTech Cement acquires 23% stake in India Cements for Rs 1,885 crore

UltraTech Cement acquires 23% stake in India Cements for Rs 1,885 crore

Thu, Jun 27, 2024

UltraTech Cement has agreed to acquire a 23% stake in India Cements for approximately Rs 1,885 crore, expanding its footprint in the cement industry.

Birla Estates acquires 16.5 acre land in Pune; to build Rs 2,500 crore housing project

Birla Estates acquires 16.5 acre land in Pune; to build Rs 2,500 crore housing project

Mon, Jun 24, 2024

Realty firm Birla Estates Pvt Ltd on Monday said it has acquired a 16.5-acre land parcel in Pune to a develop a housing project with an estimated revenue potential of Rs 2,500 crore.

Suzlon Group gets 551 MW wind energy project from Aditya Birla Group

Suzlon Group gets 551 MW wind energy project from Aditya Birla Group

Wed, May 29, 2024

While 368.55 MW will be developed by Suzlon in the Barmer district of Rajasthan, another 182.70 MW will be developed at the site by the client in the Bhuj district of Gujarat, the company said. The power generated from this project will be utilised for captive usage within the Aditya Birla Group companies.

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Aditya Birla Group crosses $100 billion in market cap

Aditya Birla Group crosses $100 billion in market cap

Fri, May 24, 2024

The group firms -- UltraTech Cement, Grasim, Hindalco, Aditya Birla Capital, Aditya Birla Sun Life AMC, Vodafone Idea, Aditya Birla Fashion and Retail, TCNS Clothing, Aditya Birla Money, Century Textiles, Century Enka and Pilani Investment -- have a combined market valuation of Rs 8,51,460.25 crore on the BSE.

Q4 Results: Grasim's profit up 15.5% to Rs 2,721.8 crore

Q4 Results: Grasim's profit up 15.5% to Rs 2,721.8 crore

Thu, May 23, 2024

The company had posted a net profit of Rs 2,355.67 crore during the January-March quarter a year ago, according to a late night regulatory filing by Grasim Industries on Wednesday.

Aditya Birla Group's real estate arm books Rs 5,400 crore sales from Mumbai project

Aditya Birla Group's real estate arm books Rs 5,400 crore sales from Mumbai project

Thu, May 02, 2024

The project is conveniently located with major infrastructure projects and business districts in close proximity.

Aditya Birla group eyes Rs 10,000 crore revenue from decorative paints business in 3 years: Kumar Mangalam Birla

Aditya Birla group eyes Rs 10,000 crore revenue from decorative paints business in 3 years: Kumar Mangalam Birla

Thu, Feb 22, 2024

Aditya Birla group is targeting an initial revenue of Rs 10,000 crore and profitability within three years of full operations of its new venture of decorative paints business, Chairman Kumar Mangalam Birla said.

Aditya Birla Group to foray into branded jewellery retail business; to invest Rs 5,000 crore

Aditya Birla Group to foray into branded jewellery retail business; to invest Rs 5,000 crore

Tue, Jun 06, 2023

Leading business conglomerate Aditya Birla Group on Tuesday said it is foraying into the branded jewellery retail business with an investment of Rs 5,000 crore.

Grasim shares under pressure as Street estimates Aditya Birla group firm to post weak Q4 results

Grasim shares under pressure as Street estimates Aditya Birla group firm to post weak Q4 results

Fri, May 26, 2023

Zee Business research analysts expect Grasim Industires to report a net profit of Rs 322 crore for the final three-month period of FY23, which translates to a decline of 60.4 per cent year-on-year (YoY)

Grasim Q4 results preview: Aditya Birla group company may report weak numbers, margin seen under pressure

Grasim Q4 results preview: Aditya Birla group company may report weak numbers, margin seen under pressure

Fri, May 26, 2023

Grasim Industries is likely to report a net profit of Rs 322 crore for the final three-month period of the financial year gone by, which translates to a decline of 60.4 per cent year-on-year as compared to Rs 813.6 crore in the same period a year ago.

Hindalco shares lead losses in metal stocks; what to expect in Aditya Birla group firm's Q4 results today

Hindalco shares lead losses in metal stocks; what to expect in Aditya Birla group firm's Q4 results today

Wed, May 24, 2023

Hindalco’s consolidated net profit for the last quarter of the financial year 2022-23 is estimated at Rs 2,008 crore — translating to a fall of 47.9 per cent on a year-on-year basis, Zee Business research analyst said in its earnings preview for Q4.

Industrialist Kumar Mangalam Birla Receives Padma Bhushan

Industrialist Kumar Mangalam Birla Receives Padma Bhushan

Wed, Mar 22, 2023

The Padma Bhushan, India's third-highest civilian award, was bestowed upon Aditya Birla Group chairman Kumar Mangalam Birla on Wednesday. President Droupadi Murmu conferred the award upon KM Birla at the Padma awards ceremony held at the Rashtrapati Bhavan in Delhi.

Grasim Industries Q3 profit rises 68% to Rs 4,455 crore; revenue up 17.35%

Grasim Industries Q3 profit rises 68% to Rs 4,455 crore; revenue up 17.35%

Tue, Mar 14, 2023

Revenue from its subsidiary and the leading cement maker UltraTech Cement was up 19.53 per cent to Rs 15,521.04 crore as against Rs 12,984.93 crore of Q3/FY22.

UltraTech Cement’s climate change score improves

UltraTech Cement’s climate change score improves

Sat, Feb 18, 2023

UltraTech in a release said that it focuses on using globally emerging technologies, enhancing product mix with environment-friendly products, increasing green energy usage in its operations and digitalisation of processes, in addition to adoption of carbon pricing.

Aditya Birla Group in talks with global banks for Vi eaquity infusion, says report

Aditya Birla Group in talks with global banks for Vi eaquity infusion, says report

Wed, Feb 15, 2023

Aditya Birla Group is in discussions with banks to raise funds at a promoter level for an equity infusion into Vodafone Idea. The group is reportedly looking to raise long-term debt and use preferential share allotment as its route

Grasim Q3 Results: Aditya Birla group flagship firm misses estimates with 51% fall in profit

Grasim Q3 Results: Aditya Birla group flagship firm misses estimates with 51% fall in profit

Tue, Feb 14, 2023

Grasim's profit dipped by 51 per cent to Rs 257 crore in the third quarter of FY23 as compared to Rs 522 crore in the same quarter a year ago period.

Global Investors Summit 2023: Aditya Birla Group commits Rs 25,000 crore investment in UP

Global Investors Summit 2023: Aditya Birla Group commits Rs 25,000 crore investment in UP

Fri, Feb 10, 2023

Global Investors Summit 2023: Aditya Birla Group on Friday committed Rs 25,000 crore investment across its various businesses in Uttar Pradesh.

Aditya Birla Group enters premium casual dining space

Aditya Birla Group enters premium casual dining space

Thu, Feb 09, 2023

ABNA, promoted by Aryaman Vikram Birla, son of Aditya Birla Group chairman Kumar Mangalam Birla, aspires to create a preferred house of F&B brands in India under its umbrella.

India’s economic fortunes critical for global growth, its rise being welcomed by world: Kumar Mangalam Birla

India’s economic fortunes critical for global growth, its rise being welcomed by world: Kumar Mangalam Birla

Tue, Jan 24, 2023

The Chairman of Aditya Birla Group opines that the world's approach towards a ‘China +1’ alternative augurs well for India and it remains a “clear choice” for the world

Breaking News: Aditya Birla Capital Considering Selling Insurance Brokerage Unit

Breaking News: Aditya Birla Capital Considering Selling Insurance Brokerage Unit

Tue, Dec 13, 2022

According to the report of news agency Bloomberg, big news has come about the subsidiary company of Aditya Capital, a company of Kumar Mangalam Birla Group. The group is selling the insurance brokerage business. This decision is being taken under the restructuring of the financial business.

Despite Poor Q2FY23 Results, Brokerages Bullish on Grasim Industries--Check Price Target

Despite Poor Q2FY23 Results, Brokerages Bullish on Grasim Industries--Check Price Target

Tue, Nov 15, 2022

Many top brokerages continue to show faith on this flagship company of Aditya Birla Group—Grasim Industries.

Grasim to invest Rs 3,117 crore on its existing businesses in FY23: Chairman Kumar Mangalam Birla

Grasim to invest Rs 3,117 crore on its existing businesses in FY23: Chairman Kumar Mangalam Birla

Mon, Aug 29, 2022

In FY22, Grasim spent a total capex of Rs 1,958 crore, Birla said. Consolidated revenue for the year was Rs 95,701 crore, up 25 per cent year-on-year.

Grasim Industries Q1 profit up 13% to Rs 2,759 cr

Grasim Industries Q1 profit up 13% to Rs 2,759 cr

Fri, Aug 12, 2022

Aditya Birla Group firm Grasim Industries Ltd on Friday reported 12.7 per cent increase in consolidated net profit at Rs 2,758.75 crore for the quarter ended June 30, 2022.

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