Kumar Mangalam Birla meets Jaitley; expects turnaround 3-6 months

Hindalco, an Aditya Birla company, Kumar Mangalam Birla and several unnamed government officials figure in the FIR filed by the CBI. They have been accused of cheating and conspiracy to defraud the exchequer. NEW DELHI: The Supreme Court on Friday permitted ...

Indian billionaire Kumar Mangalam Birla's UltraTech Cement Ltd. is in talks to buy cement assets from Jaiprakash Associates Ltd, people with knowledge of the matter said. The two companies are in discussions about projects, including Jaiprakash's ...

Kumar Mangalam Birla plans a makeover of his retail business by merging all the retail businesses of the group to establish a single listed retail company, states a leading daily. According to the media report, sources having direct knowledge of the ...

Dev Chatterjee & Digbijay Mishra | Mumbai/Kolkata June 30, 2014 Last Updated at 00:40 IST Kesoram Industries, a Basant Kumar Birla (B K Birla) Group company, announced last week the firm's businesses would soon be restructured. The company had ...

MUMBAI: India's fledgling e-commerce industry may get a new backer in billionaire Kumar Mangalam Birla. The $40-billion Aditya Birla Group will soon launch a project to identify opportunities in e-commerce as rising disposable incomes, rapid ...

The initiatives on creation of new industrial clusters seek to give a conscious boost to tourism. Several excise duty cuts have been made and these will help to support the nascent economic recovery. By Kumar Mangalam Birla The new government's maiden Budget ...

06/30/2014 | 03:27am US/Eastern Recommend: 0 Kumar Mangalam (KM) Birla is tightening grip on his grandfather BK Birla's empire. KM Birla has bought out majority stake in Kesoram Industries after raising stake in Century ...

MUMBAI: Kumar Mangalam Birla-led Hindalco plans to raise $500 million (around Rs 3,000 crore) through the qualified institutional placement of shares to raise funds primarily to repay part of its debt, said three people in the know. The floor ...

Kesoram Industries, the flagship of the Basant Kumar Birla group, may exit its tyre business or offload a majority stake in it to lift a debt mountain off its back. The company has set up a core committee of directors to chart out a plan for the stake sale. A ...