Birla Corp considers Maharashtra plant investment
Birla Corp is planning a 4Mta cement plant in Mukutban, in the state of Maharashtra, Chairman Harsh V Lodha told reporters on the sidelines of company’s Annual General Meeting.
Birla Corp
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Birla Corp reports strong 4QFY16-17
Cost efficiencies and good price realisations helped India-based Birla Corp post strong results in the final quarter of FY16-17.
India: Birla sees 8% drop in 3Q income
Birla Corp reported a saw its net profit fall from INR139.9m (US$2.09m) in 3QFY15-16 to INR20.9m in 3QFY16-17.
India: Birla rebrands Reliance Perfect Cement
Since acquiring Reliance Cement Co, Birla Corporation Ltd has rebranded the Reliance Perfect Cement brand as MP Birla Perfect Cement and launched it in the central Indian market.
Birla 2Q16 net profit more than doubles
Birla Corporation have reported a net profit of INR584m (US$8.49m) for the quarter ended 30 September 2016 compared to INR232m for the same period last year.
India: Birla Group front runner to buy Bhillai stake
Orient Cement, part of the Birla Group, has emerged as the front-runner to buy out Jaiprakash Associates’ 74 per cent stake in Bhillai Jaypee Cement, the Economic Times reports....
Birla completes acquisition of Reliance Cement
Birla Corporation announced that is has completed the acquisition of Reliance Infrastructure subsidiary, Reliance Cement. The deal was valued at about INR48bn (US$715.6m). Relia...
India: Birla Corporation sees Q1 cement profits rise 441%
Birla Corporation has released its quarterly financial results for the three months to the end of June 2016. During this period, Birla’s profits from its cement operations rose ...
India: Birla eyes September completion of Reliance acquisition
Birla Corporation has said that it expects to complete its acquisition of Reliance Cement by September, Gulf Today reports. The US$711m deal was initially struck in February 201...
India: petition fails to stop Birla Corp and Reliance deal
Calcutta High Court justice Jyotirmoy Bhattacharya on Thursday dismissed petitions filed by a Birla faction seeking injunction in Birla Corporation's (Birla Corp) plan to buy Re...