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Cement factory refutes charge of polluting farmland

GULBARGA: Rajashree Cement Factory, owned by the Aditya Birla Group, at Malkhed in Sedam taluk in Gulbarga district has refuted allegations that effluents let out of the factory had damaged 20 acres of land in Hanganhalli village adjacent to ...

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Factory achieves new heights

GULBARGA: The Aditya Birla Group owned Rajashree Cement Factory at Malkhed in Sedam taluk of Gulbarga district has achieved the distinction of producing 4.7 million tonnes of clinker and 5 million tonnes of cement per year. Executive ...

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Coal India, Essel to eye JVs Down Under

Coal India Ltd and Aditya Birla Group company Essel Mining will explore possibilities of joint ventures with Australian coal mining companies and promote domestic mining equipments Down Under.

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UltraTech Q1 net at Rs 265 cr, plans Rs 1,000 cr capex

UltraTech Cement Ltd, an Aditya Birla Group company, on Friday announced a marginal growth of 2% in its net profit to Rs 265 crore for the quarter ended June 30, 2008 against Rs 259 crore in the corresponding quarter last year.

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UltraTech eyes coal mines in Indonesia

UltraTech Cement Ltd, an Aditya Birla Group company, is scouting for mines in Indonesia and South Africa for meeting coal demands of its group companies.

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Ultratech Cement net up two percent to $66.25 mn

Mumbai, July 18 (IANS) The Aditya Birla group-promoted Ultratech Cement has announced a net profit of $66.25 million (Rs.2.65 billion) during the first quarter this fiscal, compared to $64.84 million (Rs.2.59 billion) for the corresponding period the previous year, registering a growth of two percent. For the latest quarter ending June 30, the total income [...]

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Idea acquires 41% in Spice Comm thru open mkt

Aditya Birla Group firm Idea Cellular said on Wednesday it has acquired about 41 per cent stake in Spice Communications through open market and block trade transactions.

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Rajshree Birla outlines Birla group's CSR success

Inaugurating the silver jubilee function of FICCI Ladies Organisation, Rajshree Birla, director of Aditya Birla Group, outlined the four pillars of the groupÂ's success in the upliftment of underprivileged communities on Monday.

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Idea offers for further 20% stake in Spice Comm

Aditya Birla group firm Idea Cellular on Monday made an open offer to the shareholders of Spice Communications for acquiring additional 20 per cent stake.

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Aditya Birla group chalks out fin services biz

Enhanced distribution channel, strong branding and a pool of efficient and productive people are the 'spearheading pillars' on which ABFSG aims to emerge as a leading player in the field.

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Kumar has no time to join Kesoram board: BK

Basant Kumar Birla, chairman of Kesoram Industries Ltd, has made it clear that under no immediate timeframe would his grandson Kumar Mangalam Birla, chairman of the Aditya Birla group, join his flagship's board.

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Idea gets Spicier with Telecom Malaysia injection

In another mega deal in the telecom space, Aditya Birla Group's Idea Cellular on Wednesday announced the buyout of Spice group's 40.8 per cent stake...

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Hindalco to raise Rs 5,000 cr via rights issue

Aditya Birla group's Hindalco Industries plans to raise up to Rs 5,000 crore ($1.2billion) through a rights issue to existing shareholders.

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Hindalco Q4 net profit at Rs 721 cr

Aditya Birla Group company Hindalco on Friday reported a net profit of Rs 1,077 crore for the fourth quarter ended March 31, 2008, a rise of 49.3 per cent over the corresponding period previous year.

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Aditya Birla Minacs eyes BPO acquisition

Aditya Birla group's BPO division Aditya Birla Minacs Worldwide Ltd (ABMWL) plans to acquire captive arms of financial services firms engaged in niche segments such as asset management, credit risk analysis and others.