Aditya Birla Group Current Affairs, GK & News

Indian Government Majority Stake in Vodofone

The Vodofone recently announced that its board members have given permission to convert the Adjusted Gross Revenue dues to equity. With this GoI will now have 35.8% of share in Vodofone company. This makes it the largest shareholder of Vodofone. Background The Vodofone had to pay Rs 58,254 crores of Adjusted Gross Revenue to the ..

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Project SU.RE inaugurated by Smriti Irani

The Project SU.RE (Sustainable Resolution) is a joint project of CMAI (Clothing Manufacturers Association of India) of United Nations (UN) & IMG Reliance (International Management Group). It has been inaugurated by Union Minister for Textiles Smriti Zubin Irani during Lakme Fashion Winter/Festive 2019 in Mumbai, Maharashtra. The purpose of this project is to move towards ..

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The Aditya Birla Idea Payments Bank starts operations

The Aditya Birla Idea Payments Bank Ltd (ABIPBL) has become the 5th entity to begin operations as a payments bank with effect from February 22, 2018. The ABIPBL is a joint venture between Aditya Birla Nuvo Ltd (51%) and Ideal Cellular (49%). The Reserve Bank of India (RBI) has issued a licence to the bank ..

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Aditya Birla Group launches online fashion portal abof.com

Kumar Mangalam Birla led Aditya Birla Group has launched a new online fashion store Abof.com. With this, the textiles and telecom conglomerate has entered into e-commerce space which is considered as sunrise sector from an investment point of view. The newly launched portal abof which stands for Aditya Birla Online Fashion will offer shoppers range ..

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