ADITYA BIRLA GROUP
Slowdown has JSW pushing IPO plans for cement unit by a year
JSW Cement had initially planned to hit the market with an initial public offer on reaching the 20 mt annual capacity by 2020, which it now says will take a year to achieve due to the falling demand. "Due to the ongoing slowdown, we had to revise our capacity target by 12 months to 2021.
Aggressive bidding derails Odisha's iron ore auctions
The decision was taken after Adani group and ArcelorMittal, who participated in the fir...
Can't confirm or clarify if Aditya Birla Group won't infuse equity in telco: Vodafone Idea
“The Company can not provide any clarification/ co...
Tycoon loses $3 billion as India’s mobile war weighs on wealth
Birla is the latest mogul to burn his fingers in Indian telecom since Mukesh Ambani’s entry.
Aditya Birla Group completes 50 years in Thailand
"We are here in Thailand with whom India has a strong cultural linkage. And we are marking 50 years of a leading Indian industrial business in Thailand. This reaffirms my belief that commerce and culture have inherent powers to unite,” said the Indian prime minister Narendra Modi, who was present at an event taking place in Bangkok.
Voda Idea AGR dues could rise further
Voda Idea has pegged its additional AGR liability at Rs 44,200 cr; dues that need to be paid in under 3 months.
Vodafone Idea’s auditors may take call on writing off its assets soon
A reduction in the value of assets could affect the company's ability to raise funds.
Market ready for consolidation with some downside: Sandip Sabharwal
I do not think there will be either a big downside or a big upside in the near term.
Vodafone Idea cracks 22% as AB Group unlikely to bring in fresh capital
Following the development, the scrip tanked 21.62 per cent to hit a low of Rs 2.90 in early trade.
Vodafone Idea falls 8% on group CEO's comments
Vodafone Group CEO Nick Read on Tuesday described the status of its joint venture in India as “critical” in the wake of a Supreme Court order.
Funds with Voda-Idea paper may come under redemption pressure
Debt mutual fund schemes that hold this paper have not yet marked down any of these securities.
Vodafone Idea may report over Rs 4,000 crore loss in Q2
Analysts fear for Vodafone Idea’s survival in the absence of any government help.
Aditya Birla Group files copyright infringement suit against MP Birla Group
In a suit filed in the Bombay High Court, Aditya Birla Group-owned Grasim Industries and Ultratech Cement have said that MP Birla Group has infringed on their copyright by using the word 'ultra' in its cement brands. Ultratech is seeking relief by restraining the Kolkata-based group from using the mark.
Market Movers: What changed for D-Street while you were sleeping
The index has lost momentum of late and any further selling may open up the doors for 11,700 level in the coming days, analysts said.
Birlas may let Voda Idea go insolvent if government doesn't help
The recent SC order leaves Vodafone Idea staring at AGR dues of over Rs28,000 crore in additional licence fee.
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