Kumar Mangalam Birla
General
Grapevine: Aditya Birla Group to grow green portfolio; Tatas lead race for consumer deal
Kumar Mangalam Birla-led Aditya Birla Group is in advanced negotiations with a Middle Eastern firm for a joint venture under ......
Consumer
Aditya Birla Group's hospitality arm in talks to buy Asian eateries chain operator
Aditya Birla New Age, the hospitality arm of the aluminium-to-insurance Aditya Birla Group, is scouting for acquisitions in the premium ......
Manufacturing
UltraTech to sell Chinese cement unit for $120 mn
UltraTech Cement Ltd, India’s largest producer of the building material, will sell its entire stake in a Chinese unit for ......
General
Grapevine: HDFC Bank spots three people for CEO; JV partners to fund Vodafone Idea
HDFC Bank has identified three contenders to succeed chief executive Aditya Puri: Executive directors Sashidhar Jagdishan and Kaizad Bharucha and ......
TMT
Vodafone Idea, Bharti Airtel make total $10 bn loss after provisions for govt dues
Indian mobile carrier Vodafone Idea on Thursday reported the biggest quarterly loss in India's corporate history after making provisions for ......
Finance
Max Financial scraps plan to raise funds from TPG, KKR Capital
Billionaire Analjit Singh-led Max Financial Services Ltd has dropped a plan to mop up funds from private equity investor TPG ......
Manufacturing
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 ......
People
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 ......
Finance
How much would VCs gain if Ananya Birla's Svatantra Microfin buys Micro Housing?
Mumbai-headquartered Svatantra Microfin Pvt. Ltd is in talks to acquire fellow microfinance institution Micro Housing Finance Corporation Ltd (MHFC) as ......
People
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 ......