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Latest Articles in Kumar Mangalam Birla

Reimagining The Business School Of Future

Focusing only on technology as an agent of change but missing out on the human resource development and management will create a society that will never be able to build inclusivity and happiness

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ABFRL AND FLIPKART SIGN LANDMARK PACT

Flipkart Group will own 7.8% equity stake in ABFRL on a fully diluted basis. The promoter and promoter group companies of ABFRL will hold about 55.13% upon completion of the issuance.

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Aditya Birla Fashion to sell 7.8 pc stake to Flipkart Group for Rs 1,500cr

Aditya Birla Group Chairman Kumar Mangalam Birla said this partnership is an emphatic endorsement of the growth potential of India.

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Flipkart To Buy 8% Stake In Aditya Birla's Fashion Unit For $204 Million

With the COVID-19 pandemic keeping most people indoors, Indians are turning to online platforms for all purchases from bread to phones to clothes.

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Vodafone + Idea = 'Vi'

Leading telco Vodafone and Idea will now be known as 'Vi' (read as 'We') said Ravinder Takkar, MD & CEO, Vodafone Idea. The company said it was the largest telecom integration in the world.

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Vodafone Idea Rebranded 'Vi' As Part Of Revival Plan

Vodafone Idea was hit hard by the Supreme Court ruling in October last year when it was asked to pay Rs 58,254 crore of AGR dues to the government.

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Vodafone Idea Q1 loss widens to Rs 25,460 crore, ARPU at Rs 114

Vodafone Idea Q1 loss widens to Rs 25,460 crore, ARPU at Rs 114

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Can Supreme Court Revive The Economy?

This is an opportune moment to shift the approach to ‘incentivizing’ rather than ‘penalizing’. Keeping in mind that the AGR Case is keenly being observed by foreign investors, a liberal approach for payment of dues at this juncture by the Hon’ble Supreme Court will tremendously boost the faith of investors and will mark the dawn of a new era in the Indian Economy.

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Aditya Birla Fashion's Rs 995 Crore Rights Issue To Open On July 8

The investors will have to pay 50 per cent of the subscription amount upfront with the rest payable in two tranches of 25 per cent each in January 2021 and July 2021.

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Amid Pandemic, Investors Bet On India's Jio And Its Giant-killer Playbook

For Indian shoppers who prefer to order online, it is launching a grocery ordering service with Facebook Inc's popular WhatsApp messaging.

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Hindalco Novelis Completes Acquisition Of Aleris, Deal Closed At $2.8 Billion

The increase in legacy Aleris debt, the implied enterprise value multiple of 7.2 times is in line with the acquisition case on account of better EBITDA performance.

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Boosting Growth

Hindalco has remained a performer, thanks to its innovative moves and unique products, which it keeps on doing frequently

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Vodafone's India Venture Reports Sixth Straight Quarterly Loss

Vodafone Idea posted a loss of 64.39 billion Indian rupees ($903.48 million) in the three months ending Dec. 31, compared with a loss of 50.05 billion rupees a year earlier.

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Banish Regulation Raj

Regulations are necessary to ensure a level playing field across sectors and monitor fair business practice. But over-regulation is counter-productive. It damages the very industries regulators are mandated to protect, nurture and grow with commonsensical – not arbitrary – rules.

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NIFTY Drops Below Key 20 Day Moving Average Level, Medium Term Correction To 11,800 Likely

Friday's trading session witnessed a severe correction, with the frontline index dropping nearly 100 points by the time the closing bell rang.

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