Former director at environment ministry also booked. In its response, Hindalco says 'mines were de-allocated as part of the government’s de-allocation process'.
The financial services firm will use the proceeds to invest in its units, joint ventures, and associates, among other corporate purposes, the term sheet said.
A new venture, named Novel Jewels Ltd, will house the jewellery business that will build large retail stores across India with in-house brands, the group said in a statement.
Acquisitive conglomerates such Birla's are now pivoting toward creating regional strongholds that can avoid getting tripped up in an increasingly divided world.
Months after it put on hold some of its expansion programmes on account of the pandemic, Aditya Birla Group unveils investment plans as it bets on India's economy to bounce back.
Birla's Hindalco, which is part of the huge Aditya Birla Group, has put together a consortium of global banks to fund its takeover of aluminum producer Aleris Corp.
Historically, football has been used as a lens through which political anger, identity, and resistance come into focus. From Mohun Bagan to Didier Drogba’s Ivory Coast, this claim can be easily cemented.
French newspaper La Tribune earlier last week indicated that UAE withdrew from deal to fund EUR 3.5 billion. India is looking to order 114 new Rafales, which could include the F5.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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