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...The merger failed to turn around the business and Kumar Birla, the billionaire head of Aditya Birla, stepped down as chair of Vodafone Idea in 2021, warning that the mobile operator was close to “an irretrievable...
...It still lags behind UltraTech Cement, part of the Mumbai-based Aditya Birla conglomerate, which has a manufacturing capacity of 132.5mn tonnes of grey cement per year....
...In January alone his earnings from speeches included £246,406 from Bloomberg Singapore and £200,892 from Aditya Birla Management, an Indian company, according to the register....
...Birla, whose conglomerate includes a large fashion business....
...Vodafone Idea, a joint venture between the UK group and India’s Aditya Birla conglomerate, required a bailout this year, with India’s government taking a 36 per cent stake in the group....
...Kumar Mangalam Birla, head of Aditya Birla group, resigned as Vodafone Idea’s chair in August after warning that the company was approaching “an irretrievable point of collapse”....
...Adani Group’s cement businesses will be up against market leader UltraTech Cement, part of the Aditya Birla Group....
...Both the Aditya Birla Group and Vodafone declined to comment on the talks with the government. But Birla group insiders say they are hopeful of a breakthrough soon....
...One of the people said Google was considering buying stake of about 5 per cent in Vodafone Idea, a partnership between the UK telecoms company and India’s Aditya Birla Group that has been under severe financial...
...The stock of Vodafone Idea, a joint venture between the UK telecoms company and India’s Aditya Birla Group, hit a six-month high on the National Stock Exchange on Thursday....
...The company, a joint venture between the British telecoms group and India’s Aditya Birla conglomerate, has bled market share to better-funded rivals including Reliance Jio and was hit by a multibillion-dollar...
...Vodafone Idea’s National Stock Exchange-listed shares fell 14 per cent this week to Rs7.1, or about $0.01 a share, after a letter from June surfaced in which Kumar Mangalam Birla, whose Aditya Birla Group...
...The Aditya Birla Group, owned by Kumar Mangalam Birla, raised Rs27.7bn by listing its mutual fund business on October 11....
...Amazon holds stakes in department store Shoppers Stop and grocery chain More, part of the Aditya Birla Group....
...On Thursday, the Financial Times also reported that Alphabet’s Google subsidiary was exploring an investment in Vodafone Idea, a collaboration between the Indian conglomerate Aditya Birla Group and the UK...
...Working with two of the three big Indian carriers, Bharti Airtel and Vodafone Idea — a partnership between the UK telecoms company and India’s Aditya Birla Group — Huawei had built a significant part of...
...Vodafone Idea, a partnership between Kumar Mangalam Birla’s Aditya Birla Group and the UK-based operator, owes a total of Rs547.54bn ($7.4bn) to the government, while Bharti Airtel owes Rs259.76bn ($3.5bn...
...Although the court is yet to make a final decision on the government’s proposal, the scathing reception appears to leave few options for the company, a partnership between Kumar Mangalam Birla’s Aditya Birla...
...Vodafone Idea, a partnership between Kumar Mangalam Birla’s Aditya Birla Group and the UK-based operator, is facing potential ruin after India’s Supreme Court ruled in October that the company had three...
...Vodafone Idea, a joint venture between the UK telecoms company and local conglomerate Aditya Birla Group, has warned it may even have to “shut shop” if the government does not intervene to ease the burden...
...Vodafone Group and local partner Aditya Birla Group have effectively ruled out a fresh infusion of capital, leaving the company with few options. What are the wider implications?...
...Other guests included Kumar Mangalam Birla, head of the $44bn-revenue Aditya Birla Group, and billionaire banker Uday Kotak. “The message [from the prime minister] was: ‘We are not anti-business....
...Vodafone will own 45 per cent of the company and Aditya Birla 26 per cent....
...This follows its exit from its money-losing joint venture Idea Cellular, now renamed Vodafone Idea, in India, after the Aditya Birla Group-backed company merged its operations with Vodafone India amid cut-rate...
...Idea — backed by the Aditya Birla conglomerate — has the option of selling its 11.2 per cent stake in Indus before the merger’s completion, and Mr Lane said it was likely to do so....
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