Mumbai/IBNS: The Indian jewellery retail market, which is largely dominated by the Ambanis and the Tatas, is set to witness intense competition with the Aditya Birla Group entering the Rs 6.7 trillion market with its in-house jewellery brand "Indriya".
Aditya Birla Group forays into Rs 6.7 trn Indian jewellery retail market with 'Indriya'
Mumbai/IBNS: The Aditya Birla Group on Friday (July 26) ventured into the rapidly expanding Rs 6.7 trillion Indian jewellery retail market with the launch of its in-house jewellery brand 'Indriya'.
Aditya Birla's MSME lending platform Udyog Plus garners 8 lakh users in 9 months; AUM at Rs 250 cr
Kolkata: Aditya Birla Finance Limited’s (ABFL) B2B lending platform Udyog Plus has attracted over 8 lakh users in the MSME sector within nine months of its launch, the company said in a press release.
Hindalco Industries Q4FY24 PAT grows 32% to Rs 3,174 cr
Mumbai: Hindalco Industries reported a 31.6 percent year-on-year increase in consolidated net profit for the March quarter, reaching Rs 3,174 crore compared to Rs 2,411 crore a year ago. This growth was driven by robust sales and lower input costs across its business segments.
Aditya Birla Group aims to bolster its financial arm with new Rs 100 cr app
Mumbai: The Aditya Birla Group is upbeat about a new app the company has developed at a cost of Rs 100 crore with the aim to nearly double its customer base within three years and keep pace with the expected growth in India’s financial services sector, media reports said.
Aditya Birla Group to boost paint industry capacity by 40%, targets Rs 10,000 cr revenue in 3 years
Kolkata/Mumbai: Aditya Birla Group on Thursday announced entry into the decorative paints market with its new brand Birla Opus, eyeing Rs 10,000 crore gross revenue within three years of full-scale operations.
Aditya Birla Group to set up Rs 8000 cr alumina refinery in Odisha
Bhubaneswar: The Aditya Birla Group will set up an alumina refinery at an investment of Rs 8,000 crore and an apparel unit for an unkown amount of investment in Odisha’s Rayagada district.
Fashion retail major Aditya Birla Fashion and Retail (ABFRL) is looking to acquire 10 digitally native or direct-to-consumer (D2C) brands over the course of the next 12-14 months and simultaneously launch five-six such brands in-house as it tries to grab a share of the rapidly-growing D2C segment, Moneycontrol reported.
Mumbai/IBNS: Aditya Birla Fashion and Retail Ltd (ABFRL) Friday said it has sealed a strategic partnership with Masaba Gupta to buy 51 percent of House of Masaba Lifestyle which houses apparel, non-apparel, beauty & personal care and accessories business under the Masaba brand.
Hindalco Q2 Results: PAT grows to Rs 3,417 cr
Mumbai/IBNS: Hindalco Industries Ltd., the flagship company of Aditya Birla Group announced a Profit After Tax (PAT) of Rs 3,417 crore in the quarter ending September 30,2021, up from Rs 387 crore in the same quarter last year.
Aditya Birla Group ventures into paint business in West Bengal
Kolkata/IBNS: Aditya Birla Group (ABG), a global conglomerate, has announced its venture into the paint business.
Kumar Mangalam Birla offered govt to take over his stake in Vodafone Idea Ltd (VIL): Report
Mumbai/IBNS: Aditya Birla group Chairman Kumar Mangalam Birla has offered to handover his stake in cash-strapped Vodafone Idea Ltd (VIL) to the Centre or any other entity that the government thinks capable of keeping the company operational, according to media reports.
Latest OpenSignal Mobile Experience Report ranks Vodafone Idea as a leader in key parameters
Mumbai/IBNS: Vodafone Idea Limited (VIL) in a press release said that the latest biannual mobile network experience report by Opensignal, has ranked the company as a leader across key parameters such as Download speed, Upload speed and Video experience.