The Chairman of the USD 44-billion Aditya Birla Group also said that ultimately unit economics will have to matter.
The Aditya Birla Group Chairman is the first Indian industrialist to get the award. He won it for his leadership of the conglomerate during the Covid-19 pandemic
Aditya Birla Group holds over 27 per cent stake in VIL, while Vodafone Plc has more than 44 per cent in the telecom operator
Hails a few unicorns in start-up space but says he see 'bubbles in some places'; rues loss of Hindustan Zinc
The coming decade will witness a 'capex' boom by the private sector, Birla said
Bank has asked Vodafone Idea to present a detailed plan on their financial viability including equity infusion from the largest shareholders, says Bloomberg.
Kumar Mangalam Birla, new investor to bring in fresh equity
Aditya Birla Group Chairman Kumar Mangalam Birla on Wednesday said that PM Gati Shakti plan will improve the quality of life of Indians.Speaking to ANI, Birla, said, "This was a meaningful programme which will have a huge impact on the cost of doing business. I think it will also improve the quality of life of Indians."He further stated that PM Modi always has a pulse on what needs to be changed to put India on to higher growth projector. "On behalf of the industry, many congratulations on the launch of this master plan and looking forward to the success of this plan," Birla added.Prime Minister Modi on Wednesday launched PM GatiShakti -- National Master Plan for multi-modal connectivity -- at Pragati Maidan in the national capital.PM GatiShakti is the result of the Prime Minister's constant endeavour to build Next Generation Infrastructure, which improves Ease of Living as well as Ease of Doing Business.The multi-modal connectivity will provide integrated and seamless connectivity ...
Leading fashion retail firm Aditya Birla Fashion and Retail Ltd (ABFRL) is targeting to hit Rs 25,000 crore revenue after five years, according to its Chairman Kumar Mangalam Birla.
Part of the capex will be deployed towards Novelis' business regions in auto-finishing lines expansion in the US and China
The Indian economy is rapidly normalising towards pre-pandemic activity levels, even as uncertainty exists about coronavirus mutations and repeated infection waves, Kumar Mangalam Birla said
Birla Group Chief Financial Officer Sushil Agarwal has been named additional director on the Vi board
Business Standard brings you the top headlines on Wednesday
Himanshu Kapania, currently a non-executive director, has been appointed as non-executive chairman
Some issues beyond its control - spectrum payment and adjusted gross revenue dues - have created pressure, which the government is attempting to address
This is the first time the counter has broken 100-weekly moving average (WMA)
Industrialist Kumar Mangalam Birla has expressed willingness to offer his group's 27% stake in VIL to any government or domestic financial entity in order to keep the stressed telecom company alive
Analysts say that VIL losses could potentially swamp the group finances making Birla wary of making additional investments in the company
Aditya Birla group Chairman KM Birla has offered to hand over his stake in debt-laden Vodafone Idea Ltd to govt or any other entity that govt may consider worthy to keep company operational.
The Indian cement sector is the second-largest cement industry in the world, according to CMA.