Debt-laden Vodafone Idea Ltd (Vi) said on Friday that its board has approved changes to the shareholders’ agreement to allow promoters — Aditya Birla Group and Vodafone Group — to retain governance and management rights, even as the Indian government’s stake in the company has risen to 48.99%.The proposed amendment, approved during a board meeting…
आदित्य बिड़ला ग्रुप से जुड़ी एक बड़ी खबर सामने आ रही है. दरअसल, इस कंपनी की रियल एस्टेट शाखा, आदित्य बिड़ला रियल एस्टेट लिमिटेड (ABREL) ने एक बड़ा कदम उठाते हुए ITC को अपने पल्प और पेपर बिज़नेस को 3,498 करोड़ रुपये में बेचने की मंजूरी दे दी है. कंपनी के मुताबिक, यह सौदा Century…
After dominating the cement industry, billionaire Gautam Adani‘s Adani Group and Kumar Mangalam Birla’s Aditya Birla Group are gearing up for another showdown—this time in the high-growth wires and cables sector. Both conglomerates recently announced their foray into the segment, intensifying competition in an industry largely dominated by unorganized players and smaller companies. New battle…
CHENNAI: N Srinivasan (80) resigned as the vice-chairman & MD of India Cements on Wednesday, a day after the company became a subsidiary of UltraTech following the Aditya Birla Group company’s acquisition. He also ceases to be the CEO. His daughter Rupa Gurunath and wife Chitra Srinivasan also tendered their resignations as wholetime director and…