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Aditya Birla Nuvo eyes Evonik assets

The Aditya Birla Group is back in acquisition mode, as group firm Aditya Birla Nuvo may bid for the carbon black division of Germany's Evonik Industries. The division, with annual sales of $1.3......

Markets end higher led by SBI; Sensex up 293 points

SBI was the top gainer after it reported lower-than-expected rise in bad loans Benchmark share indices rose for the second straight day with state-owned banks gaining the most led by State Bank of......

Birla, Dhoot join banking bandwagon

Aditya Birla Nuvo said its board of directors had approved a proposal to apply for one of the new bank licences. It is the holding company of Aditya Birla Financial Services, the group’s......

Why More failed to give shape to Aditya Birla group's retail dream

'Unlike Big Bazaar, where the promoter calls the shot, in ABRL, professionals take decisions. So, every new CEO leads to a change in strategy, which confuses vendors and the team.' Aditya Birla......

AV Birla set to buy US firm for $900 million

The Aditya Birla Group is in acquisition mode again. It appears set to acquire US carbon black manufacturer Columbian Chemicals.According to two independent sources, negotiations are at the last......

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