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Idea Cellular Chairman Kumar Mangalam Birla

Only fittest three will survie in telecom industry: Birla

Birla's Idea Celular will become largest telecom operator with 400 mn customers after merger with Vodafone.

12 Oct 2017 5:58 AM

Abof.com has portfolio across clothing, footwear and accessories besides a collection of the groups own brands like Allen Solly and Peter England, among others.

Aditya Birla Group to wind up ecommerce venture Abof.com

Currently, there are about 240 employees working with Abof.com.

22 Sept 2017 12:15 PM

Aditya Birla Groups flagship retail site Abof.com will be shutting down business by December 31. Photo: Twitter| @abof_in

Competition from Amazon, Flipkart sales closes down Aditya Birla...

The company will give its 240 employees four and a-half-month's salary in case anyone wants to quit.

22 Sept 2017 6:51 AM

Board of Idea Cellular approved raising about Rs 3,250 cr from entities under promoter Aditya Birla Group.

Idea Cellular shares continue to gain; up nearly 14 pc

Idea unveiled a plan to raise up to Rs 6,750 cr which will alter shareholding pattern of company.

5 Jan 2018 7:06 AM

Idea said it plans to extend its 4G services to 20 circles across India by FY2017 after the board approved an additional Rs 1,000 cr capital expenditure to build its infrastructure.

Idea Cellular to raise Rs 3,250 cr from promoter group

Idea will also explore potential monetisation of company's 11.15 per cent stake in Indus Towers.

4 Jan 2018 10:20 AM

Vodafone confirms that it is in discussions with the Aditya Birla Group about an all share merger of Vodafone India (Photo AFP)

DoT awaits FDI clearance for Idea to approve merger with Vodafone

Only FDI clearance for Idea is pending before merger of Vodafone.

15 April 2018 9:20 AM

Aditya Birla Group chairman Kumar Mangalam Birla. (Photo: File)

Voda Idea to shut down if no relief comes: Kumar Mangalam Birla

Vodafone Idea shares fell over 5 per cent on Friday, spooked by Birla's comments. The stock slumped 5.34 per cent at Rs...

6 Dec 2019 8:08 PM

Aditya Birla Group chairman Kumar Mangalam Birla. (Photo: File)

Vodafone Idea will shut in absence of govt relief: Birla

We will have to shut shop, chairman Voda Idea Kumar Mangalam Birla said on a query about the course of action for the...

6 Dec 2019 7:11 AM

The Department of Telecom (DoT) is likely to approve on Monday the merger of Vodafone India and Idea Cellular that will create the countrys largest mobile service operator with proposed name of Vodafone Idea Ltd.

Voda Idea in talks to sell mobile tower stake, optical fibre assets...

The country's largest telecom operator plans to use the funds for lowering its debt, which stood at Rs 1,23,660 crore at...

17 Feb 2019 9:54 AM

The shake-up led to consolidation, with Vodafone Plc merging its Indian operations with Idea Cellular last year in a deal worth $23 billion.

Foreign investors may invest Rs 18,000 cr in Voda Idea rights issue:...

Vodafone Idea cleared planned Rs 25,000-crore rights issue at Rs 12.50 per share, a steep 61 pc discount from market...

7 April 2019 11:29 AM

40 per cent of Indian talent acquisition professionals cited a lack of candidates who can move up the leadership pipeline as the top reason for the current talent shortages.

M&A deals in April see 96 per cent decline to USD 735 million: Report

According to a report by consultancy Grant Thornton, in April last year, total M&A deal value stood at USD 19,142...

23 May 2019 3:58 AM

Chairman of the Aditya Birla Group, Kumar Mangalam Birla. (Photo: PTI)

Birla: Cement demerger this quarter

While addressing shareholders at the 122nd AGM of the company here on Tuesday, Birla said during 2018-19.

30 July 2019 8:33 PM