Aditya Birla Group News
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Billionaire Kumar Mangalam Birla plans to merge all his carbon black units and may sell shares in the combined company, said two people familiar with the matter.
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Indian billionaire Kumar Mangalam Birla is considering buying his first fertilizer plant in the U.S. to benefit from a 55 percent drop in prices of natural gas used to fuel the factories.
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Indian billionaires including Kumar Mangalam Birla are vying to set up banks in the world’s second- most populated nation after rules were eased to allow companies into the business and tap rural savings.
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India’s Aditya Birla group has been selected to bid for Whitehaven Coal Ltd. and may make a formal offer for the Australian company, the Business Standard newspaper reported, citing three unidentified people.
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Aditya Birla Group, controlled by Indian billionaire Kumar Mangalam Birla , said today it agreed to buy Columbian Chemicals Co ., a U.S. carbon black manufacturer.
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Lafarge SA, the world’s biggest cement maker, is seeking a buyer for its cement operations in South Africa in a transaction that may fetch $700 million to $800 million, two people familiar with the situation said.
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The Aditya Birla Group plans to invest $1 billion in the next five years to develop solar power projects in India, the Economic Times newspaper reported citing Dev Bhattacharya, head of strategy.
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Pankaj Razdan, deputy chief executive offer for financial services at Aditya Birla Group, comments on the outlook for Indian equities. He spoke in an interview with Bloomberg-UTV.
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Aditya Birla Group executive R.P. Pansari wants Lakshmi, the four-armed goddess of wealth, to step in where the government has failed.
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