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Birla's UltraTech buys stake in rival to defend Indian cement lead against Adani
Reuters via Yahoo Singapore Finance· 1 week agoBENGALURU (Reuters) -UltraTech Cement said it is buying a stake worth up to $228 million in rival...
Hindalco-owned Novelis delays US IPO; shares slide
Reuters via Yahoo Singapore Finance· 1 month agoNew York (Reuters) -Hindalco Industries said on Tuesday its U.S-based unit Novelis has postponed its initial public offering (IPO) due to weak market...
Aluminum recycler Novelis targets up to $12.6 billion valuation in US IPO
Reuters via Yahoo Singapore Finance· 1 month ago(Reuters) -Novelis, owned by Indian billionaire Kumar Mangalam Birla's Hindalco Industries, is...
India's Vedanta Aluminium turning to renewables, not adding coal capacity, CEO says
Reuters via Yahoo Singapore Finance· 1 month agoIndian metals-to-oil conglomerate Vedanta Ltd's aluminium business will no longer add coal-fired...
UPDATE 2-India's Hindalco mulls seeking $1.2 bln in Novelis IPO, Bloomberg News reports
Reuters via Yahoo Singapore Finance· 2 months agoHindalco Industries , owned by Indian billionare Kumar Mangalam Birla, is considering seeking about $1.2 billion in the initial public offering of its U.S.-based unit Novelis, Bloomberg News ...
India's Aditya Birla sees 19%-21% growth in key financial businesses in 3-5 years
Reuters via Yahoo News Singapore· 3 months agoBy Siddhi Nayak MUMBAI (Reuters) -Three key financial businesses of India's Aditya Birla group are expected to grow 19%-21% in the next three to five years, the cement-to-retail conglomerate's ...
Aditya Birla Fashion to list flagship lifestyle brands as separate entity
Reuters via Yahoo Singapore Finance· 3 months agoApparel retailer Aditya Birla Fashion and Retail (ABFRL) said on Monday it was planning to demerge Madura Fashion & Lifestyle into a separate listed entity. Madura Fashion consists of four lifestyle ...
Advent, Multiples to invest $230 million in Indian non-bank lender Svatantra Microfin
Reuters via Yahoo Singapore Finance· 4 months agoBENGALURU (Reuters) - Private equity firms Advent International and Multiples will invest $230 million in Svatantra Microfin, the microfinance lender said on Monday, as it looks to tap rising ...
What to Know About Anant Ambani's Star-Studded Indian Billionaire Pre-Wedding
Time via Yahoo News Singapore· 4 months agoAs big fat Indian weddings go, Asia’s richest man Mukesh Ambani knows how to take it to the next...
India's richest man is bringing Rihanna and 1,200 guests to a pre-wedding bash for his son
Associated Press via Yahoo News Singapore· 4 months agoIt might be the biggest party this small west Indian city has ever seen. As billionaire...