Tag: Aditya Birla Group

Grasim Industries secures major investment from IFC for sustainable paint manufacturing

businessnewstoday- March 19, 2024

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

businessnewstoday- March 12, 2024

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

businessnewstoday- January 9, 2024

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

businessnewstoday- October 17, 2023

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

businessnewstoday- July 25, 2023

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

businessnewstoday- July 1, 2023

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

businessnewstoday- June 20, 2023

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

businessnewstoday- May 6, 2023

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

businessnewstoday- October 20, 2022

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

businessnewstoday- October 12, 2022

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