E-PaperAditya Birla Nuvo News
Grasim Industries Q2 profit drops 38%, but standalone business shines
Grasim Industries says consolidated net profit in the quarter ending September fell 38% from a year ago to Rs524.9 crore
2 min read15 Nov 2017Grasim Industries: holding company discount remains a concern
Analysts believe that any upswing in the stock would be short-lived given concerns of holding company discount which Grasim given the Aditya Birla Nuvo merger
1 min read18 Aug 2017Aditya Birla Nuvo transfers 23% stake in Idea Cellular to Grasim Industries
Idea Cellular says 837,526,221 equity shares of Rs10 each held by Aditya Birla Nuvo have been transferred to Grasim Industries
1 min read17 Jul 2017Holding company discount may weigh on Grasim merger
The merger provides Grasim shareholders with a diversified portfolio of cement, textiles, chemicals, insulators, solar, telecom and financial services
2 min read27 Jun 2017Merger of Grasim and Aditya Birla Nuvo gets NCLT clearance
The merger of Grasim Industries and Aditya Birla Nuvo is expected to create an entity with revenue of Rs54,824 crore and net profit of Rs4,076 crore for FY17
2 min read6 Jun 2017Aditya Birla Nuvo Q4 net profit falls 52% to ₹130 crore on higher input cost
Aditya Birla Nuvo had posted a consolidated net profit of ₹273.50 crore in the January-March quarter of previous fiscal
1 min read18 May 2017Grasim merger with Aditya Birla Nuvo gets shareholder nod
More than 80% of Aditya Birla Nuvo's minority shareholders, over 90% of minority shareholders in Grasim vote in favour of the merger
2 min read12 Apr 2017Aditya Birla Nuvo shareholders sign off Grasim merger plan
About 83% of Aditya Birla Nuvo minority shareholder votes cast were in favour of a proposal to merge with affiliate Grasim
1 min read11 Apr 2017Grasim shareholders approve Aditya Birla Nuvo merger
Over 93% of Grasim minority shareholders votes cast were in favour of the plan to merge with affiliate Aditya Birla Nuvo. ABNL investors are scheduled to vote on the deal by 9 April
1 min read7 Apr 2017Aditya Birla Group gets RBI licence to start payments bank
Aditya Birla Idea Payments Bank becomes the seventh entity to receive a final licence from the RBI to set up a payments bank
1 min read4 Apr 2017Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared