BIRLAS

  • Coal scam: CBI files revised closure report in KM Birla case October 21, 2014

    New Delhi: The CBI on Tuesday filed a "detailed and comprehensive" revised final closure report before a special court in a coal block allocation scam case involving top industrialist Kumar Mangalam Birla, former coal secretary PC Parakh and others. The agency filed the report before Special CBI Judge Bharat Parashar and...
  • India Inc applauds Mangalyaan, says India will soon become a manufacturing hub September 25, 2014

    New Delhi: Hailing Prime Minister Narendra Modi for his unique initiative and vision to turn India into a manufacturing superpower, industrialists attending the launch of "Make in India" campaign while promising their commitment to the initiative, also lauded the successful entry of Mangalyaan into the Mars orbit. Top businesspersons...
  • 'Metal, mining co to be impacted; JSPL, Hindalco worst be hit' September 24, 2014

    New Delhi: Almost all major metal and mining firms would be affected by the Supreme Court ruling cancelling 214 coal blocks, but Naveen Jindal's JSPL and Aditya Birla Group's Hindalco would be among the worst hit, analysts said. Jindal Steel and Power (JSPL) was allocated six...
  • Hope government will devise relief plan: Birla on coal blocks order September 24, 2014

    Mumbai: Aditya Birla Group chairman Kumar Mangalam Birla on Wednesday said that the Union Government should ensure that the massive investments made by the companies to acquire coal blocks do not go down the drain following Supreme Court's order cancelling the mine permits. In a major blow to the corporate sector,...
  • Hindalco case: CBI seeks time for clarifications September 22, 2014

    New Delhi: CBI on Monday sought more time in a Delhi court to give clarifications on queries posed to it in connection with a closure report filed in coal block allocation case in which an FIR was lodged against top industrialist Kumar Mangalam Birla and others. Special Public Prosecutor (SPP) RS...
  • What was the hurry to close case against industrialist Birla, Court asks CBI September 12, 2014

    New Delhi: A Delhi Court on Friday hit out the Central Bureau of Investigation over missing files in the Birla Hindalco closure report that was filed in August. The CBI had informed the court that the original minutes of screening committee meetings which dealt with Birlaowned Hindalco's application were missing. "What...
  • Coal scam: CBI to drop case against Kumar Mangalam Birla August 25, 2014

    New Delhi: The CBI is likely to close a case against industrialist Kumar Mangalam Birla in the coal block allocation scam, an official said on Monday. The Central Bureau of Investigation (CBI) had booked Birla as a representative of the Aditya Birla Group and his group company Hindalco, one of the...
  • Hindalco blunder: Did CBI jump the gun on Birla in the coal scam case? August 20, 2014

    In what comes as a huge embarrassment for the CBI, the agency has decided to file a closure report in its high profile coalgate FIR against Kumar Mangalam Birla and former coal secretary PC Parakh. Sources say the CBI has found no prosecutable evidence. ...
  • Coalgate: CBI to file closure in Hindalco case, Birla, Parakh to get clean chit, say sources August 20, 2014

    New Delhi: The Central Bureau of Investigation is set to file a closure report in the Hindalco case in the coal allocation scam. CBI sources say that Kumar Mangalam Birla and former coal secretary PC Parakh will be given a clean chit. Sources say that there is no prosecutable evidence found...
  • India Inc hails BRICS pact to set up New Development Bank July 16, 2014

    New Delhi: Terming as "historic" the pact on establishment of a New Development Bank at the BRICS Summit, India Inc on Wednesday said that the move was likely to strengthen economic cooperation between the fivenation grouping, help stave off future economic crises and boost infra development. "Agreements on setting up of...
  • 3 BJP MLAs resign from Rajasthan Assembly May 29, 2014

    Three BJP MLAs on Thursday resigned from Rajasthan Assembly after they were elected as MPs in the recently concluded Lok Sabha elections. The three MPs Om Birla, Bahadur Koli and Santosh Ahlawat, who were elected to the Lok Sabha from Kota, Bharatpur and Jhunjhunu seats respectively, submitted their resignation to...
  • Kumar Mangalam Birla meets Jaitley; expects turnaround 36 months May 28, 2014

    New Delhi: Sounding a note of optimism, Aditya Birla Group head Kumar Mangalam Birla today exuded confidence that the Budget would give boost to infrastructure sector and a turnaround would be visible in the next 36 months. "I expect a turnaround to happen in 36 months. I also expect budget to give...
  • India Inc lay out agenda for new government May 19, 2014

    New Delhi: Pitching for a more industryfriendly business climate, India Inc on Monday asked the incoming government led by Narendra Modi to initiate steps aimed at promoting investments and reviving manufacturing, while putting in place a non adversarial tax regime. "They need to resolve the retrospective and other taxation matters and...
  • Former coal secretary PC Parakh to be quizzed by CBI on Thursday April 29, 2014

    New Delhi: Former Coal secretary PC Parakh, booked for allegedly abusing his official position to grant a coal block to Hindalco, will be appearing before CBI for questioning on Thursday. The CBI served a fresh summon to the former bureaucrat for appearing on May one as he had expressed his inability...
  • AAP leader Rakhi Birla hits out at Ramdev over Dalit remark April 28, 2014

    AAP leader Rakhi Birla on Sunday flayed Yoga guru Ramdev over his remarks on Dalits saying he has not only insulted the community but also women of this country and questioned the silence of Narendra Modi and BJP on the issue. She said BJP and its prime ministerial candidate Modi's silence...
  • Coal scam: CBI summons PC Parakh to join investigation this week April 22, 2014

    New Delhi: The Central Bureau of Investogation on Tuesday summoned former PC Parakh to join investigation in the coal block allocation case to Hindalco this week. In October last year, the CBI registered a case against former coal secretary PC Parekh and industrialist Kumar Mangalam Birla, as a representative of...
  • Coal scam: CBI to examine Hindalco chief Kumar Mangalam Birla April 21, 2014

    New Delhi: Aditya Birla Group Chairman Kumar Mangalam Birla is all set to be interrogated by the Central Bureau of Investigation in connection with the multi-crore coal block allocation scam. The CBI has named Mangalam in the Hindalco chargesheet. The investigators have already questioned several officials of Hindaloco and are now...
  • CBI to quiz PC Parakh in coal block allocation case April 16, 2014

    New Delhi: Probe into alleged irregularities in allocation of Talabira-II coal blocks has gained momentum as CBI has started questioning top executives of Aditya Birla Group and were likely to quiz former Coal Secretary PC Parakh next week. Official sources said that some of the top executives of Rs 2.4 lakh...
  • India Inc wants BJP to reconsider stand on FDI in retail April 7, 2014

    New Delhi: Dismayed by the BJP's decision to say no to FDI in multi-brand retail in its election manifesto, India Inc has urged the party to reconsider its stand, saying the move may send a wrong signal to overseas investors. However, industry bodies have welcomed other promises made in the manifesto...
  • LS polls: India Inc joins pitch to spread election fever April 4, 2014

    As poll fever grips the nation, corporate biggies like Tatas, Birlas, Hero and Infosys have launched special initiatives to enthuse their own staff and general public to vote and some of them are even promising gifts and other incentives for their employees who vote. Besides, many companies have either declared the...
  • AAP: Rakhi Birla owns Rs 1.6 lakh, Ashutosh 8 crore March 22, 2014

    New Delhi: Aam Aadmi Party candidate from North West Delhi Rakhi Birla has Rs 1.6 lakh as movable assets, according to the declaration made by her during filing of nomination on Friday. Two other candidates Ashutosh and Rajmohan Gandhi also filed their nomination papers from Chandni Chowk and East Delhi constituencies...
  • Duty relief helpful if it works for a long time: FICCI February 17, 2014

    FICCI president Sidharth Birla said that the government has given some duty relief but we have to see the duration of it. But if it works for a long time, it will be very helpful. The automobile industry was in a bad state and he has tried to help it...
  • Widows to share experience at BHU seminar on Monday February 16, 2014

    Hundreds of widows exchanged their experiences mostly bitter and some sweet as they prepared to participate in a seminar in Varanasion Monday. "It's a lifetime experience for us," said Manu Ghosh, a widow in her eighties, and recalled how she and a dozen others from Vrindavan enjoyed a flight...
  • Coalgate: IT department initiates proceedings against Aditya Birla group February 13, 2014

    New Delhi: The Income Tax department (IT) on Thursday initiated proceedings against Aditya Birla Group in coal blocks allocation case. Seeking information on coal block allocation to Hindalco, the IT department also sought Supreme Court's permission to inspect the company's documents in the coal blocks allocation case which is now...
  • Lok Sabha polls: Companies set up 10 electoral trusts February 11, 2014

    With the Lok Sabha polls drawing near, the count of electoral trusts set up by companies to channelise their political funding is on the rise and at least 10 such entities have been registered, including those by Reliance, Tatas, Mahindras and Birlas. The trusts are being set up under a new...
  • Delhi government to take measures to ensure safety of women February 7, 2014

    New Delhi: Even as the Delhi government is set to launch Mahila Suraksha Dal (MSD) to ensure safety of women, Delhi's Women and Child Development Minister, Rakhi Birla on Friday said a change in mindset is imperative to bring about gender equity. "Change in mindset is prerequisite for gender equity, and...
  • We apologise for heckling of journalist during AAP protest: Sanjay Singh January 21, 2014

    Delhi Police personnel used force as AAP workers broke barricades and moved towards the spot where Arvind Kejriwal is sitting on a dharna. ABP correspondent Ratna Shukla heckled by crowd at AAP protest site. AAP's Rakhi Birla and Sanjay Singh apologise for the targeting of journalists. ...
  • When butter chicken posed a risk for business expansion at Birlas! January 20, 2014

    New Delhi: Risks for international expansion can come from the leastexpected quarters and for industrialist Kumar Mangalam Birla it once came in the form of 'butter chicken' being cooked in its office canteen. The aluminiumtotelecom conglomerate Aditya Birla Group Chairman belongs to the Marwari community, where vegetarianism forms an important part...
  • 5000 bags of cement sold in name of leading companies seized January 19, 2014

    Police on Sunday seized around 5000 bags of cement packed in the name of leading companies like Lafarge and Birla from a store house in Patna town. Acting on a tipoff received by Senior Superintendent of Police Manu Maharaj, a police team raided a store house in Chamanchak locality and seized...
  • Delhi Police vs AAP: LG orders probe by a retired judge January 17, 2014

    New Delhi: Delhi's Lieutenant Governor Najeeb Jung has ordered an inquiry to be conducted by a retired judge into the tussle between some Delhi Police officials and Law Minister Somanth Bharti over conducting raids to bust a prostitution and drug trafficking racket. The report has to be submitted within...