aditya birla group news
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Morgan Stanley 'Overweight' on Grasim Industries
Mumbai :: India | 18 days ago
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Grasim reported standalone revenues at Rs 1,400 crore, down 1% y-o-y. The performance was driven by better-than-expected volumes in the VSF segment. Realisation was broadly in line with estimate, as global VSF prices remained weak. Ebitda margin was
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Grasim net profit up one per cent at Rs 818
Mumbai :: India | 21 days ago
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Aditya Birla Group company, Grasim Industries today reported a marginal jump of one per cent in net profit at Rs 818 crore in fourth quarter of FY13. The company had reported a net profit of Rs 809 crore in the corresponding quarter of last financial
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Bharti Airtel, RCOM may report lower Q4 profits
New Delhi :: India | 1 month ago
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Two of India's top telecom companies BhartiAirtel and Reliance Communications are expected to report lower profit in the fourth quarter of 2012-13 while rival Idea Cellular is tipped to report earnings growth during the period. But all three telcos
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RBI may allow 7-8 NEW banks
Mumbai :: India | 1 month ago
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Most major corporate houses, such as the Tata group, Birla group and Reliance Industries [ Get Quote ] are interested in setting up new banks. T he Reserve Bank of India [ Get Quote ] (RBI) is likely to give banking licences to seven-eight new
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Birla, Tata review use of parent branding for bank
Mumbai :: India | 1 month ago
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Once the RBI's clarification on using the parent brand comes in, these conglomerates would take a call on the parent brand name. "We are currently reviewing the guidelines and, hence, wouldn't be able to comment on this at the moment," said a Tata
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India must remain vigilant against polio'
Kabul :: Afghanistan | 1 month ago
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The virus can travel to India as people move from one country to another. We have to be very cautious and pro-active to ensure that the virus does not re-enter our country," said Rajashree Birla, chairperson of Aditya Birla Centre for Community
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CLSA upgrades Hindalco to ‘underperform'
New Delhi :: India | 2 months ago
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Hindalco Industries from 'sell' to 'underperform' in its latest report According to the brokerage firm, the investment outlook for Hindalco remains clouded by weakening aluminium prices and lack of approvals for captive coal mines for the Greenfield
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ET: New banks bring big biz for headhunters
Mumbai :: India | 2 months ago
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Executives at headhunters Egon Zender, Heidrick & Struggles, Randstad and Vito India are suddenly on their toes in a dull hiring market as new bank aspirants such as RIL, L&T Finance, Religare and Aditya Birla Group scramble for top talent. Banking
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Birla, Vedanta in race for Canada-based miner
Mumbai :: India | 2 months ago
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T wo of India's biggest conglomerates, the Aditya Birla Group and the Vedanta group, are in talks with bankers to evaluate a bid for Rio Tinto's Canada-based Iron Ore Company. Metal companies across the world are also in the race to buy the Rio Tinto
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Cement sector margins to expand: Credit Suisse
Mumbai :: India | 2 months ago
Credibility
Credit Suisse said margins in the country's cement sector should expand over the next two years on the back of price increases and improvement in demand, among other factors. The investment bank has assigned new ratings to cement companies after a
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