Salary math

Addressing the shareholders at #Hindalco’s 58th AGM, #Kumar Mangalam Birla, Chairman, #Hindalco, was optimistic on the economy front and on #Hindalco’s future growth trajectory. He remarked that, “The abiding sense is one of immense optimism and ...

After acquiring JP Associates, UltraTech is now 4th-largest private cement firm in the world

Hindalco Industries, an Aditya Birla Group company, plans to prepay another Rs 1,100-crore debt this month to further deleverage its balance sheet. "We have already repaid Rs 7,815 crore and plan to repay another Rs 1,100 crore in the current month, which ...

The Aditya Birla group has entered the top valuation league with a market cap of over USD 50 billion post listing of financial services arm Aditya Birla Capital (ABCL), but Tatas remain on top with over USD 132 billion. The combined market valuation of the ...

One thing has remained constant through the Indian economy in the last seven decades: the dominance of family-owned businesses. Krishna Kant reports. Lessions from HeroCorp's Munjal family From left, Kumar Mangalam Birla, Anand Mahindra and Ratan Tata.Photographs: (From left) Danish Siddiqui/Reuters; Stefan Wermuth/Reuters; and Christian Marquardt/Getty Images.   India has gone through many cycles of economic growth since its independence from British rule in 1947. But one thing has ...

Don't spread your investments too thin, experts tell Joydeep Ghosh and Sanjay Kumar Singh. In the past, when the stock markets were on a roll, many mutual fund houses would launch new fund offers (NFOs) in the equities segment to gather fresh funds. The usual pitch from distributors: NFOs, in which units are priced at Rs 10 per unit, are cheaper than existing schemes whose net asset values (NAVs) have gone up. The pitch was misleading, yet many investors fell for it. A leading mutual fund ...

Customised tailoring: How Raymond, Aditya Birla group are luring customers with bespoke services to fit the bill. The retail and apparel industry in India appears to be coming full circle. A few years ago, the industry witnessed a marked shift to "readymade" clothing, with manufacturers offering buyers more designs at attractive price points. With quality fashion going mass, the industry is once again seeing renewed consumer interest from discerning fashion-conscious buyers for made-to-order ...

'Aamir has bigger goodwill than even the Tatas and Birlas.' 'The Sanjay Dutt biopic is amazing because of Rajkumar Hirani, because of Abhijat Joshi's writing and because of Ranbir Kapoor's acting.' Paresh Rawal discusses Guest Iin London, his first film in two years, the Sanjay Dutt biopic, the Khans and more...Rediff.com's Prasanna D Zore listens in. There is never a dull moment with Paresh Rawal. He is honest, almost brutally! "There are many, many, many, many, many, many... I can go on and ...

Paresh Rawal is one of the finest actors that we have today. In a chat with a group of journalists recently, Paresh Rawal spoke about a host of things. Bollywood Hungama’s Faridoon Shahryar was part of this group of journalists. Here are a few excerpts from ...