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Latest Articles in Kumar Mangalam Birla

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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Vodafone Idea Stock Tumbles 5.6% To Hit Lower Circuit

Vodafone Idea had reported a record loss of Rs 50,921 crore for the July to September quarter (Q2 FY20) after making a provision for the apex court's ruling on payment of AGR dues.

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

The frustrating oscillation is likely to continue and the index is quite likely to contract into an even narrower squeeze before making its next big move. We can only hope it's a bullish one!

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Vodafone Idea Will Shut In Absence Of Govt Relief: KM Birla

We will have to shut shop, chairman Voda Idea Kumar Mangalam Birla said on a query about the course of action for the company.

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Vodafone Idea Makes $7 Billion Loss After Provisions For Government Dues

Bharti Airtel on Thursday reported a consolidated net loss of 230.45 billion rupees ($3.23 billion) in three months to September.

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Vodafone Idea: A Solid Handshake

The merger of Vodafone’s stronghold and Idea’s strategy heralds a new telecom growth story

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Grasim Industries: Firing On All Cylinders

The VSF, textiles, cement, soda ash and telecom giant is on expansion mode

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The Definitive Ranking Of India's Largest Companies

The BW Real 500 list is India’s most comprehensive one. It takes into account the assets created by companies and the income they generate on such assets

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