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Business Standard

RBI approves Aditya Birla Capital's merger with AB Finance; stock up 6%

After receiving approval from the Reserve Bank of India for the merger of Aditya Birla Finance with itself, Aditya Birla Capital awaits approval from the NCLT

Business Line

Stocks that will see action today: September 19, 2024

Buzzing stocks: IREDA, MTNL, PNB, GE T&D, NTPC, Zomato, Macrotech, Nazara, Restaurant Brands, SpiceJet, Aditya Birla Capital, Pudumjee Paper, BL Kashyap, Garde Reach

Mint

Aditya Birla Capital sees digital platforms driving growth

The company has already launched two of these platforms. While Udyog Plus for small businesses was launched in 2023, the direct-to-consumer (D2C) ABCD platform was launched in April.

CNBC TV18

RBI approves Aditya Birla Capital’s amalgamation of Aditya Birla Finance

Aditya Birla Capital has received a 'no objection' letter from the Reserve Bank of India for the proposed amalgamation of Aditya Birla Finance Ltd with the parent company.

CNBC TV18

Aditya Birla Fashion, Bank of Baroda, Canara Bank, and more: Key firms raising billions via debentures, bonds

Aditya Birla Fashion, Bank of Baroda, Canara Bank, Hindustan Copper, among others are some of the companies planning to raise capital through various financial instruments.

Mint

Stocks in focus: Ruchit Jain of 5paisa recommends buying Jio Financial Services, and Aditya Birla Capital today

Stocks in focus: Ruchit Jain of 5paisa has recommended two stocks today - Jio Financial Services Ltd, and Aditya Birla Capital Ltd.

Business Standard

Aditya Birla Capital completes sale of entire stake in Aditya Birla Insurance Brokers

The Board of Directors of the Company, earlier in March 2023, had approved the sale of its entire stake in ABIBL. This was followed by the execution of a Share Purchase Agreement (SPA) between the Company, ABIBL, Infocyber India (which is the other shareholder of ABIBL holding 49.998% and which was subsequently amalgamated into Birla Group Holdings) and Edme Services, subject to regulatory approval, which was received in July 2024.

Business Standard

Ahead of IPO, Ecos India Mobility raises Rs 180.3 cr from anchor investors

Chauffeur-driven mobility provider Ecos (India) Mobility & Hospitality Ltd on Tuesday said it has raised Rs 180.36 crore from anchor investors a day before its initial share sale opening for public subscription. WhiteOak Capital Mutual Fund (MF), ICICI Prudential MF, Aditya Birla Sun Life MF, Nippon India MF, Troo Capital, Acacia Banyan Partners, Invesco Indio MF, Motilal Oswal MF, Bandhan MF, Edelweiss MF, and Tata MF were the anchor investors, according to a circular uploaded on the BSE website. Franklin Templeton India MF, OptiMix Global Emerging Markets Share Trust and Nomura India also participated in the anchor round. The company has allocated 54 lakh shares to 19 entities at Rs 334 apiece, aggregating the transaction size to Rs 180.36 crore, it showed. The Rs 601-crore initial initial public offering (IPO) will open for public subscription on Wednesday and will conclude on Friday. The price band has been set at Rs 318-334 a share. The company's maiden public issue is ...

CNBC TV18

Aditya Birla Capital invests ₹300 crore in housing finance unit via rights issue

The investment aims to support ABHFL's growth and enhance its leverage ratio. As ABHFL is a wholly-owned subsidiary, the transaction, while classified as a related party transaction, has been conducted at arm’s length. ABCL remains both the holding company and promoter of ABHFL.

Business Standard

Aditya Birla Capital invests Rs 300 cr in Aditya Birla Housing Finance

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The Economic Times

F&O stocks: IDFC First Bank, Aditya Birla Capital among 5 stocks with long buildup

Bulls likely to dominate with fresh long positions on United Spirits, Cholamandalam Investment, Laurus Labs, IDFC First Bank, and Aditya Birla Capital as stock prices and open interest increase.