Ultratech To Buy Kesoram Industries’ Cement Business
Kumar Mangalam Birla’s Ultratech is all set to take over the cement business from Kesoram Industries in an all-stock deal. Both companies disclosed the deal in separate announcements. Although there is not much information available about the deal right now, sources say that the deal is worth somewhere around ₹7600 crore, including a ₹1700 crore…
Vipin
Aditya Birla Group To Invest Rs 2000 Cr In B2B Commerce
Aditya Birla Group said on Tuesday, 19 July, that it would invest Rs 2000 crore in B2B commerce for the building segment over the next five years. Grasim approves the investment plan. Tech unicorns like Infra Market and OfBusiness have become major players in the building material segment of business-to-business eCommerce over the last few…
SHAHID MUSHTAQ
Aditya Birla Capital Appoints Vishakha Mulye as New CEO
Vishakha Mulye, an ICICI bank veteran, is appointed as the chief executive officer of Aditya Birla Capital, the non-bank lender said on Saturday. Mulye replaced Ajay Srinivasan, who was taking up the other responsibilities within the group, as per the exchanger filing. Mulye will take over her role on June 1, as per the announcement…
Shipra Prajapati