Kumar Mangalam Birla

Tariffs in the sector are very low, making pricing revival crucial over the long-run, says Vodafone Idea chairman Kumar Mangalam Birla

Hindalco Industries Chairman Kumar Mangalam Birla has said COVID-19 and associated lockdowns have triggered a once in-a-century crisis for the society and the economy and the country's GDP may contract in 2020-21

While the novel coronavirus pandemic has caused many disruptions, the Aditya Birla group chairman said that these will also present opportunities to industry leaders to emerge from the crisis as stronger entitiesKumar Mangalam Birla said that most economies are likely to shrink this year

Ultratech recorded net revenues of $ 5.94 billion (Rs. 42,125 crores) and operating profit of $1.40 billion (Rs. 9,930 crores) during 2019-2020

Two telcos that together serve over 580 million users grappling with AGR duesVodafone Idea is the worst hit by the Supreme Court verdict that makes it liable to pay up around ₹50,000 crore

The meeting comes a day after Birla met telecom secretary Anshu PrakashVodafone encashment of bank guarantee would leave it with no option but to shut

Bank guarantees discussed in the meeting as telco struggles for survivalA bankruptcy will impact Vodafone Idea’s subscribers and staff, and add to stressed assets on the books of lenders

The new decade will focus on sustainability, Birla said, hailing Greta Thunberg as the conscience of Gen ZThe tension between nationalism and globalization could be the defining trend heading into the new decade, said Birla

Tensions between nationalism and globalization will probably be the most defining trend of the new decade, Kumar Mangalam Birla saidBirla cited examples of his conglomerate’s units, Novelis Inc. and Birla Carbon, as navigating the shifting trade environment with a regional focus

Aryaman Birla has played age-group cricket for Madhya Pradesh before making it to the senior Ranji side in 2017Last year, he topped the CK Nayudu (Under-23) Trophy run charts with 602 at an average of 75.25, scoring three hundreds in nine innings