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Vodafone Idea Reports Narrowed Net Loss of Rs 6,434 Crore in Q1 FY2025

In Short:Vodafone Idea's net loss narrowed to Rs 6,434.4 crore in the first quarter, down from Rs 7,675 crore. Despite lower costs, customer losses...

UltraTech affirms India Cements will continue to be a listed entity

In Short:UltraTech has acquired a 32.72% stake in India Cement Ltd. for Rs 3,954 crore, aiming to expand its presence in the competitive Southern...

UltraTech buys India Cements for ₹3,945 cr

In Short:UltraTech Cement, part of the Aditya Birla Group, is buying a 32.72% stake in India Cements for ₹3,945 crore. This will help UltraTech...

Aditya Birla Group targets $25B consumer business growth in five years

In Short:Aditya Birla Group expects its consumer businesses to reach $25 billion in revenue in the next five years, contributing 25% to overall turnover....

Vodafone Idea allots Rs 614.5 crore equity shares to Nokia, Ericsson

In Short:Vodafone Idea (Vi) board approved an allotment of equity shares worth Rs 614.5 crore to Nokia and Ericsson. This is part of Vi's...

Vodafone Idea’s enhanced network quality could impact Jio and Airtel: S&P

In Short:Vodafone Idea in India is improving its network quality with recent funding, which may slow down subscriber growth for rivals Jio and Airtel....

Aditya Birla Group’s $50 million investment in new Texas manufacturing and R&D center

In Short:Aditya Birla Group plans to invest $50 million in a manufacturing and R&D center in Texas, to produce epoxy resins for consumer and...

Analysts say Vodafone Idea may struggle to increase tariffs post-polls

In Short:Vodafone Idea faces challenges in increasing revenue per user through tariff hikes after elections due to price-sensitive customers. A survey shows 42% users...

Vodafone Idea in talks with Ericsson, other vendors for 5G gear; shares rise 12% on BSE

In Short:Vodafone Idea (Vi) in talks with Swedish company Ericsson to buy 5G network gear. Vi's shares jumped 12% on BSE. Vi plans to...

Hindalco’s profit jumps 32% to ₹3,174 cr due to reduced costs and improved realisation

In Short:Hindalco Industries, part of Aditya Birla Group, reported a 32 per cent increase in net profit in the March quarter, reaching ₹3,174 crore....

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