Aditya Birla Management Corporation Pvt. Ltd., through its subsidiaries, engages in non-ferrous metals, cement, textile, chemicals, agri-business, carbon black, mining, ferro chemical, wind power, insulators, telecommunications, financial services, retail, and trading businesses in India and internationally. It offers aluminum and copper products, coal, iron ore, primary metal and fabricated products, foils, sheet rolling, sulphuric acid, DAP and complexes, precious metals, and aerospace alloys; grey and white cement, and ready-mix concrete products; textile products, such as pulp, fiber, yarn, fabric, and apparel; and rubber carbon and specialty blacks. The company also provides fertilizers...
Aditya Birla Centre
S.K. Ahire Marg
Mumbai, 400 030
Founded in 1857
Idea Cellular Reportedly Planning To Sell Towers; Axiata, ATC, Bharti Infratel Reportedly Interested
May 22 15
Aditya Birla Management Corporation Pvt. Ltd.’s Idea Cellular Ltd. (BSE:532822) is planning to sell assets. Sources close to the matter said that the company is working on a INR 75.8 billion deal to sell its independent towers, drawing the interests of Axiata Group Berhad (KLSE:AXIATA), Bharti Infratel Limited (BSE:534816), and American Tower Corporation (NYSE:AMT) (ATC). The news report added that spokespersons for the Aditya Birla, Bharti Infratel and ATC said that they do not comment on market speculation, while an email query to Axiata did not elicit any response.
Aditya Birla Group Consolidates Apparel Retail Business into New Company 'Aditya Birla Fashion & Retail Ltd'
May 4 15
The Aditya Birla Group announced the consolidation of its apparel retail business into a new company, Aditya Birla Fashion & Retail Ltd. The move brings the businesses of Madura Garments Lifestyle Retail Co. Ltd- a subsidiary of Aditya Birla Nuvo Ltd-and Pantaloons Fashion & Retail Ltd. into the new company.
Aditya Birla Group Announces Investment Plans
May 3 15
Aditya Birla Group plans to invest about INR 4,000-5,000 million every year over the next three years to expand its retail network under the new merged entity, Aditya Birla Fashion & Retail. The company will add 250-300 shops (Madura) per year, and 30-35 stores per year in Pantaloons.