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Aditya Birla Group to invest $500 million in Vodafone Idea as revival signal strengthens
Aditya Birla Group is injecting ₹4,730 crore into Vodafone Idea (Vi) through a preferential allotment, bolstering the telecom operator's financial standing. This capital infusion follows Kumar Mangalam Birla's return as chairman and aims to support Vi's efforts to compete with rivals Reliance Jio and Bharti Airtel.
Vodafone Idea Fundraising: Aditya Birla Group Commits $500M Infusion
The Average Revenue Per User increased to Rs Rs. 190 from Rs. 175.
See long-term opportunity in auto parts, aerospace and chemicals: AB Sun Life AMC’s Harish Krishnan
Harish Krishnan of Aditya Birla Sun Life AMC said the rupee’s sharp fall may be nearing its final phase as the government and RBI step up stabilisation measures. He highlighted engineering exports, chemicals, aerospace and IT services as long-term investment themes, while cautioning that margin pressure from rising input costs could continue over the next two quarters.
Carbon-free, calcium-rich basalt may help reduce emissions from cement industry by 80 pc: Study
A groundbreaking study suggests a revolutionary shift in cement production could slash carbon emissions by over 80%. Researchers propose using carbon-free silicate rocks like basalt instead of limestone, potentially requiring less energy and utilizing existing technologies. This innovation offers a significant pathway towards achieving net-zero targets for the cement industry.
Exclusive: Promoter-backed fund raise on cards for AB Capital
Source told CNBC-TV18 that Aditya Birla Capital may soon raise ₹4000-₹5000 crore via preferential issue and QIP with promoter and institutional participation. Vodafone Idea to also consider fundraise on May 16.
UltraTech Cem Share Price Live Updates: UltraTech Cement experiences a weekly decline
Grasim Inds Share Price Live Updates: Grasim Industries Reports Weekly Return
Sagar Cements hardens after returning to profit in Q4 FY26
Sagar Cements rose 4.55% to Rs 186.10 after the company reported a turnaround performance in Q4 FY26, supported by higher cement volumes.
UltraTech Cement - 10 stocks to buy: Inside Morgan Stanley's India model portfolio and the themes it is betting on - The Economic Times
UltraTech Cement - 10 stocks to buy: Inside Morgan Stanley's India model portfolio and the themes it is betting onThe Economic Times
Sagar Cements reports consolidated net profit of Rs 87.60 crore in the March 2026 quarter
Sales rise 19.59% to Rs 786.96 crore
Balrampur Chini, Shree Renuka to Dalmia Bharat: Sugar stocks in focus after govt bans sugar exports - Mint
Balrampur Chini, Shree Renuka to Dalmia Bharat: Sugar stocks in focus after govt bans sugar exportsMint
