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Aditya Birla Group Chairman Kumar Mangalam Birla. File | Photo Credit: Shashi Ashiwal Aditya Birla group-owned UltraTech on July 28 entered into a share purchase agreement with the promoters and their associates of India Cements Ltd to purchase 10,13,91,231 equity shares or 32.72% stake for ₹390 apiece totalling to ₹3,954 crore, subject to regulatory approvals….
A logo is pictured on the facility of flat-rolled aluminium producer Novelis, part of Aditya Birla Group. | Photo Credit: REUTERS Novelis Inc., a sustainable aluminium solutions provider and the world leader in aluminium rolling and recycling, has announced that it has filed a registration statement with the Securities and Exchange Commission relating to the proposed…
Read More “Hindalco subsidiary Novelis files with SEC for IPO” »
Kumar Mangalam Birla. File. | Photo Credit: PTI Aditya Birla Group’s Hindalco Industries Ltd. will invest ₹2,000 crore in a railway related green-transportation project, Chairman Kumar Mangalam Birla informed the shareholders at the company’s AGM held here. “Indian Railways has the laudable goal of becoming Net Zero while concurrently doubling freight capacity,” Mr. Birla said….
Read More “Hindalco mulls ₹2,000 crore investment in rail coach related green project” »
