Grasim Industries secures major investment from IFC for sustainable paint manufacturing

Pallavi Madhiraju- March 19, 2024 0

Grasim Industries Limited, a leading constituent of the Aditya Birla Group, has announced a groundbreaking investment from the International Finance Corporation (IFC), the World Bank ... Read More

Aditya Birla Capital and Aditya Birla Finance announce strategic amalgamation to create unified NBFC giant

Pallavi Madhiraju- March 12, 2024 0

Aditya Birla Capital Ltd. (ABCL) has announced a significant move towards consolidating its operations by amalgamating Aditya Birla Finance Ltd. (ABFL), its wholly owned subsidiary, ... Read More

Birla Cellulose’s Kharach plant attains EU BAT status with innovative CS2 recovery system

Pallavi Madhiraju- January 9, 2024 0

Birla Cellulose, a global leader in sustainable man-made cellulosic fibers (MMCF), has achieved a significant milestone with its Kharach plant in Gujarat successfully commissioning a ... Read More

Grasim Industries raises Rs 4,000cr in rights issue: Here’s what it means for shareholders

Pallavi Madhiraju- October 17, 2023 0

In a landmark decision, Grasim Industries Limited's board has sanctioned a rights issue to muster funds up to ₹4,000 crore. The primary intent behind this ... Read More

Aditya Birla Capital and Hexaware forge new path with metaverse lounge

Pallavi Madhiraju- July 25, 2023 0

In a pioneering move in the Indian non-banking financial industry, Aditya Birla Capital, the financial services division of the Aditya Birla Group, has introduced OneVerse, ... Read More

Aditya Birla Capital wraps up monumental Rs 3,000cr fundraise

Pallavi Madhiraju- July 1, 2023 0

Aditya Birla Capital Limited (ABCL), the holding company for the financial services businesses of the Aditya Birla Group, has wrapped up an impressive fundraise of ... Read More

Specialty chemicals firm Lubrizol commits $150m for expansion in India

Pallavi Madhiraju- June 20, 2023 0

Lubrizol Corporation, a Berkshire Hathaway-owned specialty chemicals leader, is set to bolster its growth trajectory in India with an investment exceeding $150 million. The commitment ... Read More

Aditya Birla to buy 51% stake in women’s apparel company TCNS Clothing

Pallavi Madhiraju- May 6, 2023 0

Aditya Birla Fashion and Retail Limited (ABFRL), an Indian fashion and apparel company which is part of the Aditya Birla Group, has agreed to take ... Read More

UltraTech Cement Q2FY23 profit after tax declines by 42% to Rs 756cr

Pallavi Madhiraju- October 20, 2022 0

UltraTech Cement Q2FY23 results : UltraTech Cement Limited, an Aditya Birla Group company, has reported a profit after tax (PAT) of INR 756 crores for ... Read More

Suzlon Group to develop 145MW wind power projects for Aditya Birla Group

Pallavi Madhiraju- October 12, 2022 0

Suzlon Group, an Indian renewable energy solutions provider, has bagged a contract from the Aditya Birla Group to develop 144.9MW wind power projects in Gujarat ... Read More

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