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Amazon opts for dual-class share structure in More buyout

TMT

03 April, 2019

Amazon opts for dual-class share structure in More buyout

E-commerce giant Amazon has resorted to a dual-class share regime to buy a minority stake in the entity that has ......

Grasim to acquire Indian biz of Turkish fabric maker Soktas for $23 mn

Manufacturing

06 March, 2019

Grasim to acquire Indian biz of Turkish fabric maker Soktas for $23 mn

Grasim Industries Ltd, part of the Aditya Birla Group, is set to acquire the entire Indian subsidiary of Turkey-based fabric ......

Grasim to buy chemicals biz of KPR Industries for $35 mn

Manufacturing

18 February, 2019

Grasim to buy chemicals biz of KPR Industries for $35 mn

Grasim Industries Ltd, a part of the Aditya Birla Group, on Monday announced that it had signed a definitive agreement ......

CCI seeks clarity on Amazon's role in Samara-controlled JV's acquisition of More

Consumer

07 January, 2019

CCI seeks clarity on Amazon's role in Samara-controlled JV's acquisition of More

The country’s anti-monopoly watchdog has sought clarity on e-commerce giant Amazon’s role in the proposed acquisition of the Aditya Birla ......

Hindalco's US unit to buy aluminium producer Aleris for $2.6 bn

Manufacturing

26 July, 2018

Hindalco's US unit to buy aluminium producer Aleris for $2.6 bn

India’s Hindalco Industries Ltd said on Thursday its U.S. unit Novelis Inc has agreed to buy aluminium maker Aleris Corp ......

Carlyle may exit PNB Housing Finance; The Rise Fund-backed Dodla Dairy plans IPO

General

11 June, 2018

Carlyle may exit PNB Housing Finance; The Rise Fund-backed Dodla Dairy plans IPO

Private equity firm Carlyle Group is looking to sell its entire 33% stake in PNB Housing Finance in the next ......

UltraTech to acquire cement business of Century Textiles

Manufacturing

21 May, 2018

UltraTech to acquire cement business of Century Textiles

Aditya Birla Group company UltraTech Cement Ltd has agreed to buy the cement business of Century Textiles & Industries Ltd ......

Idea Cellular in talks to raise $1 bn; Carlyle-backed Metropolis plans IPO

General

17 April, 2018

Idea Cellular in talks to raise $1 bn; Carlyle-backed Metropolis plans IPO

Aditya Birla Group is in talks with private equity firms to raise $1 billion (Rs 6,500 crore) through a stake ......

Vodafone India, Idea name team to lead merged biz; Balesh Sharma to be CEO

People

22 March, 2018

Vodafone India, Idea name team to lead merged biz; Balesh Sharma to be CEO

Vodafone Group Plc and Idea Cellular Ltd on Thursday unveiled the leadership team that will manage the company being created ......

PepsiCo India chief D Shivakumar quits, to join Aditya Birla Group

People

10 October, 2017

PepsiCo India chief D Shivakumar quits, to join Aditya Birla Group

D Shivakumar has resigned as the chairman and CEO of PepsiCo India, nearly four years after taking up the role ......