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Latest Articles in Kumar Mangalam Birla
Staying Strong
The company’s retailisation strategy helped it to grow its active customer base to 20 million through more than 850 branches and over 2,00,000 channel partners and several bank partners.
Read MoreShowing Off Mettle
Hindalco delivered a strong consolidated performance in FY2019-20, reflecting its resilience to withstand market cycles.
Read MoreAzim Premji Tops Edelgive Hurun India Philanthropy List 2020, Followed By Shiv Nadar & Mukesh Ambani
With 36 individuals, Mumbai is home to most of the philanthropists in Edelgive Hurun India philanthropy list 2020, followed by New Delhi (20) and Bengaluru (10)
Read MoreReimagining 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
Read MoreABFRL 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.
Read MoreAditya 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.
Read MoreFlipkart 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.
Read MoreVodafone + 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.
Read MoreVodafone 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.
Read MoreVodafone 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
Read MoreCan 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.
Read MoreAditya 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.
Read MoreAmid 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.
Read MoreHindalco 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.
Read MoreBoosting Growth
Hindalco has remained a performer, thanks to its innovative moves and unique products, which it keeps on doing frequently
Read More