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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...
...“We think Illumina’s board of directors has heard the message loud and clear, and we would be curious to see how messaging on Grail changes going forward,” said Vijay Kumar, analyst at Evercore ISI....
...That international loan was crucial to Adani beating bidders that included Kumar Mangalam Birla’s UltraTech Cement and Sajjan Jindal’s JSW Group....
...“This [approval] remains an open question that will depend on the results in ongoing trials,” Kumar adds....
...“Illumina is being forced to fund Grail at $700mn a year but has no control over the asset and may be forced to divest,” said Vijay Kumar, analyst at Evercore ISI....
...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”....
...When Kumar Mangalam Birla, chair of the $46bn in revenue Aditya Birla Group, walked into Indian government offices in New Delhi the week before last with Vodafone Group’s chief Nick Read in tow, they had...
...Google, Vodafone, Birla and Vodafone Idea all declined to comment on any potential investment....
...If last week’s change erodes the company’s data advantage compared with its rivals, “there is no guarantee Google will continue to have giant market share” in future, said Arun Kumar, chief data and privacy...
...Kumar Mangalam Birla resigned as chair of the company last month after warning that Vodafone Idea was approaching “an irretrievable point of collapse”....
...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....
...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 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...
...Vijay Kumar Arisetty, whose building management start-up MyGate received Tencent money last year, said clarification was needed: “Whether the money is coming from east or west, they’re all helping create...
...Tim Nollen and Sean Kumar, analysts at investment bank Macquarie, have asked....
...Kumar Mangalam Birla, chairman of Vodafone’s partner ABG, said last month that “it doesn’t make sense to put good money after bad”....
...Suresh Kumar has been named Walmart’s chief technology officer and chief development officer....
...Kumar, who previously also worked at Deutsche Bank, will be based in San Francisco....
...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....
...Now, eight videos have hit that milestone, and this week, the top three artists on YouTube’s global top artist chart were all Indian: Neha Kakkar, Alka Yagnik and Kumar Sanu....
...Vodafone Idea will retain Idea Cellular’s listing on the Indian stock exchanges, and will be chaired by Kumar Mangalam Birla, controlling shareholder of the Aditya Birla group, of which Idea Cellular was...
...And Mr Colao approached Kumar Mangalam Birla, the Indian billionaire behind Idea Cellular, as long ago as 2010 to propose the merger with Vodafone that was completed this year....
...Kumar Iyer, partner at Oliver Wyman, said that while big exporters were checking the exposure of their suppliers to potential changes to trading arrangements, smaller companies further down supply chains...
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