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Vodafone Idea Secures Lifeline: Aditya Birla Groups Commitment and External Investor Pursuit

Billionaire industrialist Kumar Mangalam Birla reaffirmed Aditya Birla Group's unwavering support for Vodafone Idea, announcing efforts to bring in external investors. The telco's board is set to meet on February 27 to discuss fundraising proposals....

Ultratech Approves Rs 13,000 Crore Investment To Boost India's Cement Production

Ultratech, the flagship company of the Aditya Birla Group, has approved a Rs 13,000 crore investment aimed at ramping up its cement production capacity by an impressive 21.9 million metric tonnes per annum (MTPA). This significant expansion is set to propel ...

Vodafone Idea to invest in 5G rollout, expand 4G coverage

Vodafone Idea (VIL) will make significant investments to roll out the 5G network and expand 4G coverage in the coming quarters, billionaire industrialist Kumar Mangalam Birla promised on Friday....

Voda-Idea Shares Rally Nearly 10 Per Cent As K M Birla Returns To Company Board

Shares of Vodafone Idea jumped nearly 10 per cent in morning trade on Friday after Aditya Birla Group Chairman Kumar Mangalam Birla returned to the board of the debt-ridden firm as an additional director in a non-executive and non-independent role. The ...

Idea's Annual Loss Reduced Remuneration of Kumar Mangalam to Rs. 3.3 Lakh

The telecom industry has seen severe disruption post the launch of Jio that has hurted the profitability of all players in the industry with Idea Cellular being no exception. The first-ever annual loss posted by the company after it had gone ...

Kumar Mangalam Birla traps under credit card fraud

Renowned Industrialist Kumar Mangalam Birla unwittingly became the victim of the credit card fraud. Mr. Kumar Mangalam Birla is the Chairman of multi-billionaire group, Aditya Birla enterprises. Mr. Birla's card was cloned and used in Bangalore for making expensive purchases, ...