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The significant drop in nets, according to analysts, can be attributed to softer metal prices, higher costs, US-chain trade tussles and global meltdown.

Hindalco net falls 28 per cent on softer metal prices

he company had posted a profit of Rs 1,474.69 crore in the year-ago period.

10 Aug 2019 1:39 AM IST

Billionaire Kumar Mangalam Birla

Indian cos need to follow global standards of governance: Kumar...

Issues such as professional CEOs acting as promoters and founders wielding disproportionate clout need to change, said...

17 Sept 2019 10:43 PM IST

Neeraj Balani, MD International SOS, Subrato Sarkaar, President, Corporate Administration & Tan Mui Huat, President and CEO, International SOS

2019 Duty of Care Award: Aditya Birla Group wins the remote resilience...

The only Indian multinational conglomerate to receive the prestigious award at an event hosted by International SOS...

8 Jan 2020 10:43 PM IST

Aditya Birla Fashion and Retail Ltd. (Photo- twitter)

COVID-19: ABFRL to close retail stores till March 31, suspends factory...

Aditya Birla Fashion and Retail Ltd stopped its factory operations in Karnataka, Tamil Nadu and Odisha till March 31

23 March 2020 4:12 PM IST

UltraTech Cement, which had a cement production capacity of around 63 million tonnes, had added another 21.2 million tonnes capacity with the acquisition of Jaypees cement plants.

Got letter of intent from lenders to acquire Binani, says UltraTech

The Committee of Creditors of Binani Cement on May 28 approved the resolution Plan submitted by UltraTech Cement.

30 May 2018 7:45 PM IST

BIL denied reports of resolution professional alleging fraud by BIL promoters. (Photo: PTI)

No violation in Rs 7,266 cr bid for Binani Cement under IBC, says...

All the creditors, who are against the bid from the present resolution plan have gone to NCLT.

22 March 2018 11:59 AM IST

The companys board agreed to issue comfort letter to provide Rs 7,266 crore in return for 98.43 per cent stake in BCL.

CCI clears UltraTech's acquisition of Binani Cement

UltraTech Cement will buy loan defaulter Binani Cement's stressed assets by providing Rs 7,266 crore.

28 March 2018 5:24 PM IST

Alfred Hitchcock's classic 39 Steps to get a desi twist

They speak of hope and courage and uplift the human spirit. Each play is different in form and content. Each story is...

2 Aug 2018 5:38 AM IST

Vodafone Group CEO Vittorio Colao with Aditya Birla Group chairman Kumar Mangalam Birla after a press conference in Mumbai. (Photo: AP)

Vodafone, Idea merge; telco giant born

Under their agreement, both groups will have equal voting rights in the merged entity to be headed by Kumar Mangalam...

21 March 2017 1:07 AM IST

The discussion to merge the two entities comes in the wake of the launch of low cost telecom operation by Reliance Jio.

Vodafone confirms talks about merger

Idea Cellular to merge with Vodafone's Indian arm.

31 Jan 2017 3:09 AM IST

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

Aditya Birla Group to invest Rs 7,000 cr in Andhra

Conglomerate already has investments of Rs 10,000 crore in the state across sectors like telecom, retail and cement.

27 Jan 2017 4:07 PM IST

Representational Image

UltraTech Cement commissions slag cement capacity in Bihar

With the commissioning of this manufacturing capacity, the company's cement capacity now stands at 70.6 mtpa.

12 May 2017 2:46 PM IST